Weekly Newsletter

27 September 2023

Weekly Newsletter

27 September 2023

How will payment platforms leverage the metaverse effectively?

There will be three key payment channels for settling transactions in the metaverse - Mobile payments, Card payment networks and Cryptocurrencies. GlobalData anticipates that most metaverse platforms will integrate all three payment options, while blockchain-based metaverses will prefer cryptocurrencies to attract crypto-enthusiasts. The development of metaverse-based marketplaces will also trigger competition between centralized banking services (e.g., traditional banks) and decentralized finance (DeFi) providers.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close