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The State of Payments 2024: Key Stats and Emerging Trends

  • The state of payment maturity 2024 report, published by Corefy, reveals insights on the current state of businesses' payment maturity and emerging trends.
  • Key trends driving change in payment strategies include fragmented payment systems, multi-provider strategies, speed of integration, scalability challenge, and evolving payment process management.
  • To improve payment maturity, businesses should adopt strategies such as transitioning to unified payment orchestration platforms, diversifying providers, adopting smart payment routing, and investing in payment expertise.
  • Organizations that unify systems, build flexibility, and invest in expertise can transform payments from a cost center into a revenue accelerator.

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