Smart Insights: Invisible Payments to Contribute to Over 25% of all Electronic Transactions by 2021

MARSEILLE, France, Sept. 26, 2016 /PRNewswire/ -- Intelling is publishing a new Smart Insights Report "Invisible payments key to omni-channel commerce" that conducts a detailed analysis of this emerging market segment – invisible payments. Invisible payments mean reducing the payments experience for consumers to the minimum amount of effort, while maintaining the highest levels of security, authentication and trust. Many activities will be moved to the back-end at the same time processes become even more automated, leading the consumer to complete a payment without even noticing it.

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Looking to the payments industry as a whole, Smart Insights analyzes the main trends shaping the payments landscape in the last years, as well as retail. Focusing on the needs identified in the market, drivers and constraints for the implementation of invisible payment systems are presented, while highlighting the potential benefits for multiple stakeholders.

The Smart Insights Report: "Invisible payments key to omni-channel commerce," forecasts payments mix of electronic transactions (in billion transactions), retail sales (in-store, mCommerce and eCommerce) and retail sales' payment mix (in EUR trillion) from 2016 until 2021. Total electronic transactions are forecasted to reach 721.3 billion by the end of the forecast period.

Thierry Spanjaard, CEO of Smart Insights declares: "Invisible payments are about to revolutionize the payments industry. After succeeding in making the smart card the most common paying tool, the secure transactions industry introduced mobile payments and is now shifting to payment without any physical support."

Silvana Pintão, industry analyst for Smart Insights and author of the report adds: "Invisible payment is about to make payments frictionless and frustration-free for all stakeholders."

Smart Insights Report "Invisible payments key to omni-channel commerce" has been conducted combining Smart Insights long-standing experience and unique positioning in the secure transactions industry with interviews with key players in the payments industry. It is an essential tool to all key stakeholders in the payments industry such as system providers, acquirers and issuers, payment processors, hardware and software providers, standards organizations, technology developers and systems integrators, etc.

The Smart Insights Report "Invisible payments key to omni-channel commerce" is available at http://www.smartinsights.net/Smart-Insights-Reports

About Intelling:

Smart Insights Reports, along with Smart Insights Weekly and Smart Insights Market Trends, are published by Intelling, a consultancy headquartered in Marseille, France. Intelling is a consultancy with two expertise majors: marketing and strategy for secure transactions, smart cards, telecoms, payment, and convergence, as well as market intelligence, for all industry fields. Intelling is the publisher of Smart Insights Reports, that address secure transactions and smart card markets, providing an extensive qualitative and quantitative analysis.

More details are available at: www.smartinsights.net and www.intelling.com  

Contact: Thierry Spanjaard, CEO, Intelling, Email 
tel: +33 609 18 28 51

SOURCE Smart Insights - Intelling

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