Paying for goods and services hasn't changed very much since the inventions of checks and subsequently, credit cards. As Peer-2-Peer (P2P) payment platforms are becoming popularized, what's stopping eCommerce websites from getting paid faster and with fewer fees by interfacing more directly and securely with banks? How long will it be until the eCommerce checkout process includes a more modern payment processing standard, and is it the old guard payment processors that are holding up the evolution of payment technology?
Guest: Max Robbins, Paystand.com
Host: Robert Rand, JetRails.com
Recommended Reading:
B2B Digital Payments Stats for Merchants to Know in 2020, authored by Paystand: https://bit.ly/3hGIH31
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