Business
Banks face fallout as 40% of small and mid-sized merchant businesses eye shift to PayTechs
Press contact:Fahd PashaTel.: +1 647 860 3777E-mail: [email protected] Banks face fallout as 40% of small and mid-sized merchant businesses eye shift to PayTechs Merchants face up to nine hours of downtime annually due to their current unreliable payment systems, increasing attractiveness of alternative PayTech1optionsPayTechs are winning the innovation race, with 60% adopting Gen AI across their operations, compared with 41% of banksTotal worldwide non-cash transactions set to reach 3.5
About this update from Capgemini Se
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