How has the business payments landscape changed over the last year?
The payments industry is starting to recover from Covid-19, with 48% of businesses looking to continue making international payments in 2022 and beyond. About 18% of businesses are now accepting BNPL as a payment method while 62% of them are starting to show interest in CBDCs. These are just some of the latest findings from Bottomline Technologies’ seventh annual Business Payments Barometer of 800 financial decisions makers in the UK and US. Ed Adshead-Grant, Board Advisor - Fintech & Payment, discusses the report’s key findings and the implications that these have for the industry at large.
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