PwC's publication extract, 'Payments 2025 & beyond: Evolution to Revolution,' examines six macro trends shaping the future of payments, particularly focusing on Vietnam and Southeast Asia. The document highlights the accelerating global shift towards cashless transactions, amplified by the pandemic, and identifies Vietnam as a rising economy with significant e-payment growth potential, despite low digital banking penetration. PwC proposes a strategic framework for payment ecosystem players, advising on actions to 'Repair,' 'Rethink,' 'Reconfigure,' and 'Report' to address gaps and prioritize efforts. This includes adjusting fees, upgrading systems for new authentication methods, developing technology for emerging CBDC opportunities, and shoring up cybersecurity defenses. The content serves

Join for free to read