Wednesday, December 4African Digital Business Magazine

Tag: Payment Trends for 2024

Fintech, South Africa News

Top Payment Trends for 2024

Consumers will increasingly be demanding choices when it comes to payment options into 2024, with security being high on the agenda and offerings that will be keenly watched as potential growth engines. Rory Bosman, Executive for Sales & Marketing at Ecentric Payment Systems adds that shoppers also want value from retailers, physical or online, when it comes to deciding where to spend their hard-earned money, especially in this difficult socio-economic environment. As payment systems continue to develop, often building on offerings already in the market, Bosman details nine key trends he sees as dominating 2024. Buy now, pay later There will be a continued growth in offerings that allow consumers to purchase goods on interest free credit, paying the item off in tranches of, for e...