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Guest Article - The Future of Payments: Understanding the Payment Stack
@ifb_podcast was kind enough to share his knowledge about the payment industry on StockOpine Newsletter. If you are still struggling to understand the various terms, here is an excellent primer to get you started. It will also help you identify the key players at each step of the payment flow.


The contents of the report are as follows:

  1. How Payments Work
  2. Understanding the Fees Earned in Payments
  3. The Payment Stack
  4. Players in the Stack
  5. Future of payments

If you enjoy this article, make sure that you follow @ifb_podcast and subscribe to our newsletter.

Below we will share few interesting charts from the article:

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Source McKinsey 2022 Global Payments Report

"The future of payments continues to evolve, and many believe that cash is dead. The trend towards electronic payments only accelerated during the pandemic, a change already underway."

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Source: IFB

"According to Worldpay, cards and digital wallets occupy more than 70% of e-commerce and 79% of in-store transactions, and across the payment value chain, there are five main players:
  • Customer
  • Merchant
  • Issuer
  • Acquirer
  • Card network"


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Source: IFB

"At the end of the payment process, the jewelry store receives $97.55 after running the payment through the payment process, with the various players receiving their slice of the pie through the cycle.

Remember that the time from submitting payment to approval takes seconds, which is mind-boggling."

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The Future of Payments: Understanding the Payment Stack
Welcome to the guest section of StockOpine! Today’s article comes from Dave Ahern, co-host of the The Investing for Beginners Podcast and co-author of einvestingforbeginners.com.

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