State of the Industry Report September 2024

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CMSPI – IAC State of the Industry Report

CMSPI – IAC State of the Industry Report

Section 4.4 – Digital Payment Methods There is no technically correct definition for the all-encompassing genre of non-cash or card payment methods, but here we will use Digital Payment Methods (DPMs) as a catch- all term. In many countries, Digital Payment Methods (DPMs) are already very prevalent, while in others they are growing fast. There are several overlapping sub-genres of DPMs we will explore in this section, including Digital Wallets, Account to Account (A2A) payments, Instant Payment Systems (IPS) or Real Time Payments (RTP) and Open Banking.

Section 4.4.1 – Local Payment Methods (LPMs) MEETING THE WAY CUSTOMERS WANT TO PAY

Figure 4.2 – Snapshot of Local Payment Methods in Europe and the Middle East 156

Figure 4.1 – Snapshot of Local Payment Methods (LPMs) in the Americas 155

155 CMSPI Estimates and Analysis. This list is not exhaustive and does not imply affiliation.

156 CMSPI Estimates and Analysis. This list is not exhaustive and does not imply affiliation.

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