Bio ScanNew technologies are allowing us to reimagine the entire customer payment experience. In the future, the only mandatory inputs for a transaction will be the merchant’s price and the customer’s acceptance. These will be configured to require minimum effort from a customer. For example, at the most extreme with a low value payment, a customer could pick up a product and simply carry it out of the store to execute their payment. The banks that can provide the simplest and most secure experiences will be rewarded with customer adoption – with the invaluable data and revenue that will come with it.

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