IoT transactions see continued growth in U.S. households. The sustained growth of smart home devices in the U.S. has created a market for machine triggered, IoT purchases of household goods. New research by Mercator Advisory Group explores the implication of this development for the payments industry, focusing on the revenue growth potential caused by shifting consumer choices.
Consumers are moving to on-demand payments and card issuers and merchants must respond to remain relevant
Mercator Advisory Group identifies the unique nature of on-demand payments and makes recommendations to payment providers how to remain relevant