That’s according to Shahrokh Moinian, head of Europe, Middle East and Africa for J.P. Morgan Payments, who explained that for too long “payments were not an executive-level or a C-level topic. It was about selling goods, getting the money in and getting the top line.”
Now, payments are experiencing a technological revolution: Advancements like omnichannel ecommerce, real-time payments and seamless connection through APIs have positioned payments as a strategic lever for growth. As a result, payments technology can add value beyond just processing sales—from eliminating checkout as we know it to enabling buildings to buy their own supplies before they run out.
“Payments can do more than you may think,” Moinian said. “Modern payment methods are enablers of new business models, drivers for efficiency and opportunities for revenue.”
In this post, we explore three examples of how payment innovation can simplify lives and drive growth:
Written by Renee Sylvestre-Williams / Illustrations by Katrina Navasca