June 22, 2022 – The global digital payments ecosystem continues to evolve as new and incumbent financial institutions, payment networks, central banks, governmental agencies, businesses, and other market players push for innovation. Although each market player is working under unique motivations, they all work toward the common goal of creating a safe, efficient, ubiquitous, and low-cost payments system or process.

This report focuses on five payment innovation projects with a local or global impact on the digital payments ecosystem. For this report, Visa Inc. commissioned Aite-Novarica Group to collate information from its extensive syndicated research on digital payments, augmented by desk research. This report profiles the following vendors: Hugo, PayTM, Shopify, Tikkie, and Zeepay.

This 25-page Impact Report contains one figure and seven tables. Clients of Aite-Novarica Group’s Retail Banking & Payments service can download this report and the corresponding charts.

This report mentions ABN Amro, Affirm, ALEXPay, Alibaba, Amazon, Ant Financial, Banco LAFISE, Big Commerce, Early Warning, Facebook, Falcon Ventures, Gamepind Entertainment, General Electric, Google, Grupo Q, Lift99, Mapfre, Nestle, PaAy, PayPal, Pepsi, Pinterest, SoftBank, Squarespace, TikTok, TMT Investments, Uber, Visa, Walmart, Weebly, and Wix.