You can also observe that the payment world is merging

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It is unlikely that “supermarkets” will completely replace banks. They will occupy a significant part of the market, but their advantage will also be a limitation - a loyal audience. In addition, people tend to choose simpler solutions - twenty different tokens and wallets on a mobile device - this is clearly not the case.

with the usual everyday infrastructure. It is already difficult to find a vending machine where the POS terminal is not built in, then at least not glued to the outside. In urban transport systems, a new project is launched saudi arabia number data almost every day that allows the use of tokenized cards (mobile phone) for payment, applying them to conventional mounted terminals. Urban transport such as bicycles or electric scooters is being produced with the possibility of contactless card payment, at least via QR.

In the post-PSD2 world, there are relatively few banks that only provide service functions for managing users’ accounts, while all other operations are performed either by the state or by a swarm of fintech organizations that collide in marketplaces and compete on standardized terms. People will choose between product ecosystems or mobile banking interfaces. It is possible that large companies will make banking simply part of a broader subscription - 10% discount on a taxi and here you have preferential conditions for managing finances. The emphasis will be on functionality and convenience for the end user. Initiatives like managing personal finances with Excel will become the norm.

Embedded-finance is an opportunity to conveniently and quickly part with money at any time and in any place. A concept that can be called “pay and live”. There is no longer a need for POS terminals or physical plastic - everything has gone digital. In fact, we are a step away from the payment method from the TV series Altered Carbon, where the main character simply spat on the sensor.