In this episode, we cover the latest developments in the payments industry:

• The U.K. Competition Appeal Tribunal rules that Visa and Mastercard’s interchange fees violate competition law.

• U.S. lawmakers fail to pass the Credit Card Competition Act, but regulatory pressure continues to build.

• Stablecoins move into the mainstream as companies like Amazon, Walmart, Visa, Stripe, and Mastercard explore new use cases.

• Stripe enables USDC payments for Shopify merchants, while Visa and Mastercard expand stablecoin partnerships.

• Mobile wallet usage for in-store purchases grows more than 10% year-over-year.

A new market report projects payment processing revenue to reach $268 billion by 2029, driven by innovations like blockchain, contactless payments, and embedded finance.

Stay tuned for more weekly insights on payments, fintech, and the future of digital commerce.

Swipe, Tap, or Token: The Changing Face of Payments

Today in Payments