Infographic: Big to Small to Smart

Driven by changes in institutional and consumer behavior, average payment sizes are shrinking globally while overall transaction volumes are increasing. This shift is creating a challenge for payment providers, as they will need to fundamentally rethink how to deliver services as transactions continue to miniaturize. In order to manage this explosive—and accelerating—growth, payment infrastructures are becoming automated or “smarter” by encoding rules in the transactions. As transactions move from Big to Small to Smart, new infrastructure, policies, procedures, and business models will be necessary to remain competitive.