target audience: TECH BUYER Publication date: Apr 2024 - Document type: IDC PlanScape - Doc Document number: # US51720624
IDC PlanScape: Online Payment Platforms in Retail
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Abstract
This IDC PlanScape explores the diverse functionalities, distinctive characteristics, and profound impact of online payment platforms on retail businesses, elucidating their pivotal role in shaping the modern commerce landscape.
"The online payment industry stands at the crossroads of innovation and security; as digital transactions become increasingly ingrained in our daily lives, the challenge for payment platforms is to strike a delicate balance between user convenience and robust security measures. Success in this dynamic landscape hinges on adaptability, foresight, and a commitment to ensuring the integrity of financial transactions," said Cristiano Quattrini, associate advisor, IDC Retail Insights.