News and updates
Four payment trends Australian businesses are prioritising in 2024
From embedded platform payments to mobile in-store POS terminals, unpack the key payment and financial technology trends moving the needle for Australian businesses this year.
Australian commerce is undergoing a radical transformation, with new business models, technologies, and consumer preferences driving change across industries – and payments are playing a pivotal role in the charge.
Businesses continue to break away from legacy systems towards platforms that can deliver faster, safer, and more convenient payment solutions.As Aussie businesses refine their growth plans for 2024, we’re seeing continued focus on innovation, security, and customer experience across industries – all underpinned by a keen prioritisation of operational efficiency.
“Businesses must consider the right technology to help customers easily navigate their offerings,” says Hayley Fisher, Country Manager, Australia and New Zealand, Adyen. “We expect shoppers to demand personalised, convenient experiences, while businesses will need to leverage data to better understand individual preferences and deliver relevant offers."
Whether you’re an omnichannel retailer, digital business, hospitality, or food and beverage, these trends will undoubtedly influence how you connect to customers and drive growth in the months and years ahead. From embedded payments to tokenisation, read on for the key payment trends to factor into your digital transformation strategy for 2024.
