Payment industry trends for 2025: New technology payment trends

Payments, Technology

17.04.2025

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Digital transformation has been reshaping the payment industry for years. In 2025, financial operations are set to become easier, faster, and more personalized. Individuals and businesses require access to more secure financial services. New technologies like artificial intelligence, blockchain, and biometric authentication are playing a significant role in improving payment processes. In this comprehensive guide, we will explore how providers meet the consumers’ needs. Let’s take a look at the top payment trends to embrace in 2025.

Key Trends of 2025

The growing demands for convenience, efficiency, choice, and security change the main trends in payments. Understanding these trends is vital for businesses seeking to raise revenue, improve performance, and reach the cutting edge.

1. Payment Personalization

Payments via text or voice confirmation are important. However, personalization goes beyond that. It requires clear understanding of how each customer wants to pay for goods and services. This knowledge helps businesses make the necessary adjustments. Consumers don’t have to add details manually. Instead, they can scan a QR code or contact a call center to make a payment. For example, Uber provides unique services to individuals looking for a ride. They can give a call to the company and get home by car, with the payment being processed in the background. This approach enhances customer loyalty by enabling a positive interaction with the brand.

Businesses should adjust their payment processes to consumer demand. Personalization can optimize operational efficiency and enhance privacy. Let’s see how one of the best corporate payment trends works in practice:

• Saving financial information. Businesses should use trusted gateways, which allow consumers to save their financial details (e.g., card details, name, and CVV). Then, consumers don’t have to add the details each time they make a purchase.
• Localized payment industry trends. If businesses sell products around the globe, they should focus on localized experiences. This eliminates the need to convert the price to the local currency and guess what amount will be charged in the end. Consumers can check the prize in the local currency, which increases the chance of quick purchase.
• Personalized add-ons and upsells. Businesses may offer relevant add-ons and upsells to enhance the final product value. Once consumers make a purchase, they may receive recommendations of similar or matching items. This approach helps consumers get everything they need.
• Special personalized discounts. Businesses can use little tricks by adding special discounts to their checkout page. Creating coupon codes can also attract attention. Such offers reduce the customer’s hesitation and frustration during the purchase.

Making transfers online or over the phone always involves a certain risk. Fraudsters are always seeking to access personal information. Consumers may also share sensitive information with third parties without giving it a second thought. To address these risks, some organizations integrate special security protocols to build confidence and defend against fraud.

2. A2A (Account-to-Account) Payments

Account-to-account (A2A) payments are made between two bank accounts without an intermediary. One of the primary payment processing trends offers convenience, security, and consumer protection. A2A transfers in ecommerce are expected to grow from 60 billion in 2024 to 186 billion in 2029. Some countries like Poland and Thailand have already established A2A transfers as the favored method.

Businesses can access different types of A2A payments, with each meeting specific needs. Here are the main options:

• Business-to-business (B2B) transactions are made between companies and involve large payment industry trends for products and services. They are often integrated into enterprise resource planning (ERP) systems for consumers’ convenience.
• Business-to-consumer (B2C) payments are used by businesses to transfer money to consumers. They usually take forms of refunds, compensations, or payrolls.
• Peer-to-peer (P2P) transactions are mainly processed on mobile apps and online platforms. They help consumers make direct transfers without using traditional financial institutions. They can be a perfect solution for splitting bills, gifts, and other transactions among friends.
• Consumer-to-business (C2B) payments allow consumers to make online purchases and pay bills by transferring money directly from their bank accounts. They usually come with lower fees compared to other methods.
• Me-to-me transactions help consumers move funds between their accounts across various banks or within the same bank. They work well for managing personal finances, savings, and investments.

Businesses can use different types of A2A payment trends, depending on their needs. They need to verify the payer’s identity and authorize the transaction between two accounts. These payments are widely recognized in different industries, including e-commerce and retail, employment, entertainment, insurance, government, and finance. Lower costs, faster transactions, strong security, and compliance with financial regulations make A2A an attractive form of payment.

For some businesses based on older systems, it can be hard to integrate A2A payment solutions. This is the case when substantial technology updates are required. Even though there are no universal standards for A2A payments, companies should maintain the necessary technology and safety protocols.

3. Payment Automation and Security

Payment automation perfectly lies in the payment trend meaning. Based on advanced technology, it manages financial transactions without manual input. Automated systems can handle multiple tasks, such as processing transfers and managing invoices. This way, they help businesses monitor financial operations and encourage continuous growth. Investing in automated payment systems creates serious advantages, including time and cost savings, fewer errors, and high cash flows.

Automation pays special focus on security measures, including encryption technology, fraud detection, and constant monitoring. What’s good is that automated systems are less vulnerable to human errors or scams.

Automation relies on clear rules to process transactions securely. By eliminating repetitive tasks, it boosts transactions, enhances regulatory compliance, and minimizes the risk of human mistake. Here is how it works in practice:

1. The system collects invoice data and analyzes the details against purchase orders.
2. Payments are released after automated authorizations.
3. Funds are transferred through different channels such as ACH, bank transfers, and virtual cards.
4. Transactions are automatically stored in financial systems, minimizing errors and manual workload.

Different types of business payments can be automated. They can be used by companies to reduce the administrative burden and increase overall efficiency:

• Vendor payments: Automation makes it easier to make payments between suppliers and service providers. Through automated systems, businesses offer timely transfers based on contract terms. There are no late fees or disruptions in service.
• Employee payroll: Automation enables timely payments to employees and ensures accurate tax calculations. In addition, it reduces the load for HR departments since manual processing isn’t required anymore.
• Recurring payments and subscriptions: Businesses requiring subscriptions can automate recurring transfers. Consumers can be billed automatically based on the pre-agreed plan. This improves cash flow and reduces delays, which boosts the overall personal experience.
• Invoicing and accounts payable: Automated invoicing systems can generate invoices without direct involvement. This reduces the risks of missing payment deadlines. Businesses get a chance to maintain positive relationships with their suppliers.

The future for automated transfers looks promising, with innovations like AI, machine learning, and blockchain. Modern technologies can improve financial planning, identify verification, and the security of transactions. Automated payments are becoming more prevalent, helping businesses enjoy instant transfers with quick confirmations.

4. Digital Wallets

Digital wallets, such as PayAdmit, have become the preferred payment method for online transactions. The number of e-wallet users globally will increase from 4.3 billion in 2024 to 5.8 billion by 2029. Moreover, 52% of the total transaction value will be made with digital identities by 2027. With the growing statistics, this seems to be one of the most significant payment industry trends these days.

Digital wallets provide simple, affordable solutions that meet public needs. They fill in the gap between these digital systems and traditional payment methods for global consumers. They usually come with different features like identity verification, loyalty programs, and healthcare management. For example, tokenization technology allows credit union cards to work with e-wallets. Credit unions support their members to take advantage of new digital resources. We can educate them on new digital offerings, like how to add their credit union payment cards to their digital wallets, while highlighting the unique benefits of using them.

Here’s how these wallets shape effective navigation strategies:

• Advanced technology and features. High security reduces the cases of fraud through biometric authentication, encryption, and blockchain technology. Fraud detection systems keep track of transactions to detect unusual activity. Modern augmented, and virtual reality technologies are improving payment experiences in online and retail domains. Digital wallets come with currency multiplicity, enabling users to make borderless transactions and expand financial accessibility worldwide.
• Regulatory landscape and compliance. International financial regulators guarantee security to protect consumer information. Corporate companies require strict compliance standards. They may integrate Know Your Customer (KYC) policies as well as Anti-Money Laundering (AML) protocols to stop illegal financial actions. The development of uniform global guidelines aims to combine secure practices with financial development.
• Market dynamics and competitive landscape. Apple Pay and Google Pay are the current leaders among e-wallets, offering disruptive technological solutions for this market segment. Traditional banks rely on digital wallet solutions to keep existing customers within fintech-retailer alliances. The innovative market needs e-wallets with quick transaction times and strong fraud defense mechanisms.
• Impact on e-commerce and traditional retail. Online stores collaborate with digital wallets that speed up payments and decrease the cases of cart-dropping. This collaboration enables convenient shopping access and strong marketing plans that address customer spending behavior. With e-wallet integration, small companies can meet lower cash transaction needs, while large international companies can enhance both customer loyalty and operational performance

The integration of digital identities into average transactions transforms how individuals interact with digital platforms. This payment trend offers security, convenience, and a more integrated user experience. So commercial companies continue adding modern features to persuade consumers to use their e-wallets.

5. Web 3.0 and Cryptocurrencies

The world of payments can’t ignore advancements in Web 3.0 and the rising popularity of cryptocurrencies. The latest payment trends promise to transform traditional financial systems, offering new opportunities for users, businesses, and developers alike.

Web 3.0 and payment decentralization. Web 3.0 is the third generation of web technology, focusing on the integration of structured data and intelligent services. Web 3.0 enables peer-to-peer transactions and allows users to retain control over their data. Web 3.0 technologies, such as blockchain and decentralized finance (DeFi), improve transaction transparency, security, and efficiency. Web 3.0 helps users make payments using natural language processing (NLP). Users can tell how and what they want to pay for using their smartphone. In DeFi, NLP helps interpret market sentiments from social media or news channels.

Web 3.0 blockchain technology can stop the dependency on single servers and centralized databases. Instead, data can be stored on interrelated computer networks through public ledgers. The functioning of the Internet has changed once and for all. Financial institutions and tech companies don’t have to act as intermediaries in the average online experiences.

Cryptocurrencies: the future of payments. Cryptocurrency has become a more common payment method in e-commerce. Merchants might integrate it into their stores to attract crypto holders. Despite the growing demand for crypto, the market volatility has attracted many payment providers to explore this avenue.

Cryptocurrencies, particularly Bitcoin, Ethereum, and forthcoming altcoins, are widely used for everyday transactions. They lower transaction costs, facilitate faster cross-border payments, and lower dependence on central authorities. Merchants who might want to integrate cryptocurrencies into their checkout should consider stablecoins like USDT and USDC. This way, they ensure faster and more convenient transactions across the account. Stablecoins aim to minimize the volatility that has eventually hindered crypto adoption for payments, providing a stable medium of exchange and maintaining the perks of blockchain technology.

Governments worldwide are still determining how to safely and securely regulate cryptocurrencies. Businesses may hesitate to embrace crypto transfers, especially when tax risks as well as legal concerns still exist.

Integration with traditional systems and Central Bank Digital Currencies (CBDCs). Governments around the world are exploring the development of Central Bank Digital Currencies (CBDCs), digital versions of national currencies. These digital assets aim to combine the advantages of cryptocurrencies with the stability and support of central banks. Some countries may roll out CBDCs, further bridging the gap between traditional finance and decentralized systems.

6. Combating Cybercrime

Some payment technology trends pop up as a reaction to the growing cybersecurity concerns. Financial institutions take efforts to handle cyber threats. Technologies such as tokenization, machine learning, and advanced encryption are being embedded to build digital payment ecosystems and minimize potential vulnerabilities.

With the global average cost of a data breach reaching almost $5 million in 2024, financial institutions continue investing in technologies to overcome cyber threats. Commercial companies must comply with cybersecurity frameworks and invest in fraud prevention tools to protect sensitive consumer data. For example, Revolut stands out by implementing the award-winning fraud prevention mechanism. They use facial recognition and other biometrics, PIN codes, and SMS for authorization.

Here are the current developments in how companies try to combat financial crime threats:

• AI-driven automation for operational efficiency. Businesses use AI for customer support, regulatory compliance, service personalization, and automation of many processes. They help financial institutions monitor customer spending habits and detect any unusual activity, without making consumers struggle with verification. This approach helps finance teams to handle growing payment volumes while maintaining high security.
• Advanced cyber fraud detection mechanisms. Businesses implement sustainable fraud detection mechanisms that employ AI and other treasury technologies to analyze behavioral patterns, scan documents and monitor transactions round the clock. These mechanisms are crucial in combating socially engineered attacks that constantly grow and become more dangerous.
• Enhanced vendor risk management. Automated tools are essential for securing commercial payments. It allows businesses to maintain secure partnerships while efficiently managing high-risk workloads.
• Quantum-resistant encryption. Quantum computing can replace traditional encryption methods, which don’t eliminate risks for sensitive financial data protection. Quantum-resistant encryption is based on algorithms that are resistant to quantum attacks. It can help secure transactions, communications, and data storage. By adopting such encryption techniques, businesses can prevent potential breaches and fraud.

The fight against cybercrime requires the strong infrastructure that would enable digital transactions. It ensures the integrity and security of the payment ecosystem, detecting fraud and mitigating potential risks.

7. BNPL (Buy Now, Pay Later)

These days, more consumers look for flexible and convenient payment options. Buy Now, Pay Later (BNPL) has become one of the emerging payment trends, allowing consumers to pay for goods and products in installments. BNLP has transformed the way people make purchases and helped retailers increase their sales. BNPL services, including Afterpay, Klarna, and Affirm, allow shoppers to split their purchases into smaller, interest-free payments over time.

Large companies are investing in research to elevate the technical features of BNPL systems. The latest strategic initiatives include supplying varied product ranges, joint ventures, mergers, acquisitions, and collaborations. They allow companies to gain a larger presence in the global BNPL market.

As payments become digitized, traditional methods come back in a new format. Consumers don’t have to take cash loans with high interest rates. Instead, they can shift to online shopping based on installments. Here are the key factors contributing to this modern trend:

• Flexibility demand: Consumers are constantly looking for ways to manage their finances more efficiently. BNPL serves as a smart alternative to traditional credit cards, enabling quick purchases and convenient payments over time. What’s good is that there are no fees as long as installments are made on time.
• E-commerce expansion: BNPL is becoming a common thing on many online retail platforms. Buyers tend to use it for expensive and/or frequent purchases. They don’t have to pay everything at once. Instead, they can select the number of payments to be made until the whole amount is covered.
• Fintech innovations: Fintech has made BNPL services more accessible to the large audience. Machine learning and AI-driven credit assessments enable better risk management, helping consumers make more accurate decisions and enhance fraud protection.
• Impact on retailers and financial institutions. Retailers and financial institutions are integrating BNPL options to increase sales and gain more customers. BNPL can increase conversion rates and average order values, since consumers are more likely to make a purchase when they have the option to split payments.

Many companies recognize the significance of BNPL in boosting sales and increasing customer engagement. However, stricter regulations are required to make BNPL services more transparent. Clear terms, fair fees, and thorough credit checks will help consumers make informed decisions and not fall into debt traps.

8. Real-time Payments

Real-time payments enable instant funding, driven by customer demand for speed and convenience. Businesses should be aware of real-time payment trends in their markets and consider implementing them to enhance the customer experience and improve the cash flow. This kind of payment processing industry trends is driven by regulatory and technological advancements. No wonder, the real-time payments market size exceeded $25 billion in 2024 and is expected to grow up to $116 billion by 2029.

Here are the main trends determining the future of these payments:

• Expansion of global instant payment infrastructure: As payment industry trends become more interconnected, more countries are expected to enable fast, affordable cross-border transfers in the long run.
• Corporate adoption: Businesses are adopting real-time payments to enhance anticipated cash flow and improve financial management.
• Integration with the Internet of Things (IoT): Connected devices like cars and smart appliances can make autonomous payments. An autonomous car can pay for gas without the owner’s involvement.
• Embedded finance: These payments are integrated directly into retail and service platforms. Consumers can enjoy smooth experiences.
• Central Bank Digital Currencies (CBDCs): Digital currencies can coexist along with traditional currencies. Issued by central banks, they can enhance the efficiency and security of real-time payments in the long run.

The European Parliament and Council voted for the Instant Payments Regulation in March 2024. The EU countries make instant transactions more accessible and cost-effective. Payment service providers (PSPs) must offer instant transactions at the same cost as traditional credit transfers. Real-time payments will continue taking over the financial landscape. More and more consumers want their transactions to be processed instantly. No need to wait for banking hours or stick with processing times. Real-time payments reduce transaction costs, benefiting both merchants and customers.

9. Cross-border payments

When consumers buy a product in a foreign store, they make a cross-border payment. This is one of the growing corporate payments trends since ecommerce and global trade expand. Businesses work with payment processors that support cross-border transactions and understand the unique challenges and regulatory requirements of international operations.

Here’s a look at the key aspects of these payment trends:

• Blockchain & cryptocurrency solutions. Decentralized finance (DeFi) helps make cross-border payments more affordable and accessible to the larger audience. It eliminates intermediaries, which allows for reducing the speed of transactions. Stablecoins, like USDT and USDC, are also becoming more widely used for instant transactions. These stablecoins provide a secure method for faster transactions across borders.
• Artificial Intelligence (AI) in payment industry trends. AI can be useful for detecting fraud and assessing risk in cross-border payments. It will enhance security by identifying fraud quickly. Machine learning also helps manage payments more efficiently, with minimized costs.
• Real-time payments and instant settlements. Real-time payments can transform cross-border transactions. Payment networks have potential for expansion, making global payments faster. SWIFT GPI (Global Payments Innovation) keeps growing, which enables quicker and more transparent payment trends. Alternative solutions will also emerge, further increasing efficiency and reducing delays in cross-border payments.
• Central Bank Digital Currencies (CBDCs). These government-backed digital currencies build the foundation for higher security and lower reliance on traditional banks. With more countries adopting the new currency, international payments can become more efficient in no time. This shift will lower costs and boost global transactions by decreasing the need for intermediaries.

How Payadmit Helps Businesses Adapt to Trends

Digital payments stopped being a convenience—they are a necessity these days. Consumers from around the globe look for fast and safe transactions. This is the reason businesses should try to reach diverse audiences with varying payment preferences. Payadmit provides payment solutions that help your organization stay ahead of its closest competitors while ensuring compliance with legal regulations. This innovative payment solution provider helps banks, online retailers, content creators, and electronic wallets adjust their services to future trends in payments.

Payadmit stays at the forefront of industry developments by participating in payment and fintech conferences. These events allow the company to share their innovations with the world. Payadmit strengthens its ability to guide businesses through the complex financial ecosystem and build connections between merchants, financial institutions, and technology developers. They ensure business can navigate modern payment trends with confidence.

For an ambitious organization, staying ahead of these new trends in payments is not only beneficial — it’s essential for surviving in the highly competitive market. Want to check how Payadmit can help your business benefit from secure payment trends? Get in touch with specialists today.