Predict Your Future

The data and trends shaping payments


5 minute read

Key takeaways

  1. People are still purchasing online, but 72% say in-store shopping is part of their lives.1
  2. Lending vehicles are expanding — solutions like Buy Now Pay Later now account for $70 billion in annual loan originations.2
  3. Consumers are experiencing friction when they shop online and in person.
  4. Merchants are responding with solutions like digital wallets and contactless cards.
  5. Emerging payments include Paze — a new digital wallet operated by Early Warning® and offered by participating financial institutions — while existing solutions like real-time payments, open banking and embedded finance are gaining traction in the U.S.

Download our full article for a more in-depth look at these trends. 


1U.S. Census Bureau. February 2023. Quarterly Retail E-Commerce Sales Report (Seasonally Adjusted.)

2McKinsey & Company. February 2023. Payments Outlook for 2023.

3Baymard Institute. 2022. Reasons for Cart Abandonment — Why 68% of Users Abandon Their Cart.

4Research Insights. 2022. Hybrid shopping, sustainability, and purpose-driven brands.