Digital Payments

451 Research’s coverage of the payments ecosystem focuses on emerging technologies impacting the way in which transactions are initiated and facilitated. Through a combination of syndicated research and custom Advisory engagements, we help clients on both the card issuing and acquiring sides of the payments business understand and adapt to market shifts triggered by digital transformation.

Our research provides a view into the way digital technologies are evolving the delivery, consumption and business models for payment services. To accomplish this, we cover the marketplace through a unique bottom-up view, investigating how individual payments providers—both established and emerging—are innovating, and the implications of those innovations for the competitive landscape. In our effort to assess the trajectory and momentum of the payment innovations within the market, we produce quarterly quantitative studies that take the pulse of both mass-market and early-adopter end users.


Market Insight

Payments are at the heart of Amazon's growth strategy

As one of the largest merchants on the web, Amazon holds considerable power in payments, with very favorable acceptance economics thanks to the sheer volume of transactions it handles. Capitalizing on its advantageous acceptance cost structure, Amazon has spent the past decade, unbeknownst to many, simultaneously developing a payments business outside of Amazon.com.

Market Insight

Signifyd aims to eradicate chargebacks for e-commerce merchants

451 Research finds that fraudulent activity is growing on the heels of a rising volume of digital commerce transactions, with two in three omni-channel retailers citing an increase in fraud in their digital channels compared with this time in 2016.

Market Insight

First Data embraces developer ecosystem with launch of Integrated Solutions Group

Payment-processing giant First Data holds a leadership position in US merchant acquiring, moving a staggering $1.9 trillion in 2016 US transaction volume.

Market Insight

LevelUp doubles down on mobile wallet platform strategy following $50m round

LevelUp has re-emerged in the headlines thanks to increasing collaboration with JPMorgan Chase and a fresh round of $50m in funding. The recent activity has revealed that LevelUp is not only still a relevant player, but has almost completely pivoted its business to the white-label mobile wallet platform strategy it first unveiled in late 2012.

Voice of the Connected User Landscape

Digital Payments Lead the Charge in the War on Cash

Market Insight

Sweden's Klarna looks to fuel US growth with e-commerce financing products

The vendor has grown from a niche Nordic payments specialist to a global player with operations in 18 markets in little more than a decade. Recently launching in the US, Klarna has chosen to orient its primary go-to-market efforts around an alternative financing offering for e-commerce purchases.

Market Insight

Three early imperatives at the intersection of IoT and payments

If it seems like IoT is the new shiny object in payments, it's because it is. From appliances to automobiles, emerging connectivity platforms have captivated the collective attention of the payments ecosystem with new commerce use cases and scenarios.

Technology & Business Insight

Mobile Point of Sale Market Map 2016

Market Insight

Mastercard aims to accelerate utilization of its APIs via Mastercard Developers platform

Mastercard was the first payments network provider to create a formal developer outreach program, offering access to select APIs beginning in 2012 with the launch of the Mastercard Developer Zone. This served as a web-based developer portal and provided the company with a means to showcase the capabilities of its network, but was more intended as a test-and-learn environment than a commercial initiative.