1、Niums Global Payment Predictions Report 2022A new era for payments innovation2The way the world pays has changed.Thanks to the pandemic,consumers have become accustomed to doing almost everything online,accelerating digital transformation and embedding new behaviours.After a 5%dip in global payment

2、revenues in 2021,the payments industry is on track to recoup its losses,and climb back to a 7%growth rate in the year ahead.As it does so,it will usher in a new era of innovation.3Theres never been a greater need for it.The disruption caused by the pandemic has exposed a number of gaps in our global

3、 payments infrastructure:travel companies struggled with cashflow,SMEs came under threat due to the complexity of cross-border payments,and debts from unregulated Buy Now,Pay Later deals surged.As the world builds back,better payments infrastructure that helps cut business costs and risk,and improve

4、s experiences for customers,is critical.Change is already underway.Cryptocurrency continues to gather pace,fundamentally changing the way money moves globally.As it does so,regulators are paying attention and though the pushback presents challenges,it also opens up new opportunities for innovation.I

5、ts not just crypto that regulators are interested in,though.Their increased engagement with real-time payments and lending rules is changing the way the whole industry operates,and for the better.Amid so much turbulence,what are the most significant payments milestones we can expect to see in the ye

6、ar ahead?We asked our experts for their predictions across the regulatory,travel and global payments landscapes.Heres what payments professionals must prepare for.IntroductionWhats In This E-Book:7 predictions1.The crypto crackdown will unlock industry-wide product innovation2.Crypto acquisition of