Consumers are slowly making changes to how they pay at checkout. We look at the top seven payment methods and delve into what’s pushing forward and detracting from their growth.

The company is trying to better market itself as a B2B company and grow its checkout business

Partnering with a major BNPL player like Klarna could help Mastercard catch up to Visa’s head start

Retail media’s rapid growth has spurred nonretail verticals to harness their first-party data to fuel their own commerce media networks. Retail media spending still dominates the commerce media landscape, but distinct challenger cohorts are finding their footing.

Its impressive growth gives Shopify a volume and cross-sell boost

These moves can help the company grow ahead of its IPO expected this year

Payment provider innovation and regulatory changes are setting a long-term growth runway for cryptocurrency payments. But providers will still need to overcome low merchant acceptance and a sense of mistrust before crypto can go mainstream.

The company made major strategic moves during its transition year, but it may take longer for them to bear fruit

The expanded partnership boosts merchant acceptance for both Fastlane and Pay with Venmo

Major payment players like PayPal and Visa that invested in them are likely celebrating this regulatory movement

The tie-up can help attract younger travelers and aids in Venmo’s monetization journey

Remittances represent a large share of global payments and will keep growing—although at a flat rate. Traditional money transfer organizations have to fight harder for a share of the prize as digital-only entrants have stepped up the competition.

PYUSD has struggled to gain significant adoption. The Trump admin could change that

But the social media platform may struggle to get its users on board unless it can differentiate the P2P service from its peers

PayPal is the most popular mobile payment app that US adults typically use, with over twice as many users as the next most popular choice, Venmo, according to November 2024 data from YouGov.

Reeling from 2024’s challenges, financial institutions must embrace bold strategies in 2025 to future-proof their businesses in a landscape plagued by economic, competitive, and regulatory pressures.

Despite rapid digitization, providers shouldn’t close their retail doors just yet

Digital wallets are solving this with passwordless checkout, which will likely become the industry norm

Companies implemented the tech for hyperpersonalization, AI chatbots, fraud prevention, and other use cases

The tie-up can bring in a large new stream of payments volume for the BNPL player, boosting growth ahead of going public next year