PEERLESS (PERILOUS?) PAYMENTS PREDICTIONS FOR 2017

Posted by | · · · · | E-Commerce Payments Insights

Card Not Present recently reached out to a number of industry leaders and influencers, asking them examine the current environment and tell us what is likely to happen in the next year. Oren Levy, CEO Zooz, shared the following insight:

 

“Payment demands are becoming increasingly complex across the board, and only payment solutions based on advanced technologies will be able to meet these growing challenges in 2017. Payment platforms that embrace greater automation will definitely be in a good place because they effectively reduce expenses and in-house resources, while increasing payment flow visibility and minimizing inefficiencies. Machine learning enables the use of granular data to create business rules that dynamically govern payment routing, as well as the adjustment of fraud screening levels in real time at different locations. Payment solutions that enable merchants to drill down, monitor and intelligently adjust every component of the payment ecosystem will undoubtedly become major industry players in the coming years.”

 

Check out more expert predictions in the full Card Not Present exclusive “Peerless (Perilous?) Payments Predictions for 2017.”