Creating value in the new era of ecommerce and fintech

Discussion on Embedded Finance, Digital Wallets, Orchestration, and Interconnectivity with Francesc Altisent, VP of Product, Payments & Banking at Mangopay

The world of ecommerce is rapidly evolving, with fintech and ecommerce businesses at the forefront of creating seamless payment experiences for consumers. Francesc Altisent, VP of Product, Payments & Banking at Mangopay, sheds light on the emerging trends of Embedded Finance, digital wallets, orchestration, and interconnectivity that are shaping the future of online transactions.

Altisent highlights the growing partnership between ecommerce platforms and fintech companies to offer integrated financial solutions like Buy Now, Pay Later options, one-click payments, and embedded wallets. These collaborations not only enhance the user experience but also open up new revenue streams for businesses. With the market value of Embedded Finance projected to reach USD 7.2 trillion by 2030, the potential for growth in sectors like insurance, financing, and payments is immense.

Digital wallets play a crucial role in empowering businesses to streamline fund transfers and capture additional revenue streams. The infrastructure provided by e-wallets allows for greater financial transparency and control, benefiting both sellers and buyers. Moreover, the orchestration of payment systems through a unified ecosystem ensures scalability and efficiency in payment operations.

As the ecommerce payment stack moves towards a more interconnected ecosystem, the focus is on creating agile and scalable operations that can adapt to the evolving digital commerce landscape. By leveraging wallet-based payment infrastructure and payment orchestration, modern marketplaces can future-proof their operations and unlock new levels of efficiency and revenue growth.

Francesc Altisent’s insights into the world of Embedded Finance and digital wallets offer a glimpse into the future of online transactions. With Mangopay leading the way in providing modular payment infrastructure, businesses can stay ahead of the curve and meet the growing demands of the ever-expanding ecommerce industry.

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