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The US Payments System from a Europeans PoV
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Welcome back to Bitesize Payments where we look at their history, how they work and who does what.
When we look at the payment systems of another region, they often seem impenetrable due to different brand names, terminologies, use cases, and cultural nuances.
You might be thinking, aren’t payments just payments around the world? Well, yes and no. While there are common elements like high-value payments, ACHs, and cards, you need to peel back a few layers to find the similarities.
There are several aspects that might trip you up, and not just while you’re on holiday.
In the next two episodes, we will examine the USA payment systems from a European perspective, and then the European systems from an American point of view.
Joining me for this discussion is my good friend, Eric Grover. Eric is a keen observer of both European and American payment activities, making this an exciting and insightful conversation.
So, let's dive into part 1 and understand how US payments work. This is going to be fun…. Here we go….
Payments Industry Insights
History of Payments
Payment System Explained
Corporate Payments Strategy
Payment Regulations Impact
ISO20022 Standard
Digital Payments Evolution
CBDC Advancements
Cryptocurrency in Payments
Financial Technology Education
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