How will shoppers pay online in 2026?
By TrueLayer Cards have been successful in driving global commerce over the last century, but they weren’t designed for digital. The experience of paying by card online is often poor and security is weak — yet costs to businesses remains high. In 2021, credit and debit cards made up 41% of all ecommerce payments in […]
The future of ecommerce payments: 3 ways open banking is ready to challenge card payments
By TrueLayer One key motivation behind open banking is to enable the growth of alternative payment methods. With the continuing growth of online retail sales and the card network’s ageing infrastructure, there’s an opportunity for the ecommerce industry to embrace open banking payments. Here are three reasons why open banking is ready to challenge the […]
Finally, a real alternative to cards for e-commerce and contact centre payments – Open banking payments
By Ordo As businesses have digitised, payments had to follow suit. The only option for taking these remote payments, to date, has been with credit and debit cards. But cards are expensive and increasingly complex to support operationally, and fraught with fraud. New open banking payments regulation and technology has allowed innovative regulated payments institutions […]
Ordo, reshaping payments with Open Banking, enabling low cost, real-time transactions across the UK
By Ordo In March, the World Health Organisation (WHO) proposed contactless payments as a countermeasure of COVID-19. The effect is the ever-faster rise of digital payments on web platforms and mobile apps. Digital and contactless payments have seen an increase in usage by more than 50%, and experts are claiming that these new forms of […]
