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The Omnidirectional Payments And Commerce Expansion

The world of payments and commerce appears to be growing quite literally in every direction at once: across borders and into experiences as large and important as paying for college, or as small and day-to-day as buying a pizza. So where’s the challenge? Although those two transactions are very different, consumers expect that their experience will be similarly intuitive, seamless and secure.

Data:

$22 trillion: Estimated total value of cross-border remittances in 2019.

$38 billion: Forecasted value of the mobile order-ahead market by 2020.

$35 million: Amount contextual data intelligence firm Flybits raised in a Series C round.

62.1 percent: Share of students with full-time jobs who are currently late on tuition payments.

$24.99: Cost of a monthly subscription with Uber.

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