From Yahoo Finance: 2025-04-29 13:49:00

Traditional industries are embracing embedded finance and payments to keep up with digital-first services. The automotive sector, for example, faces challenges with off-platform payments causing friction in high-value transactions. By integrating payment services through APIs, businesses can offer a seamless payment experience, leading to improved conversion rates and customer loyalty.

To stay competitive, traditional industries must prioritize a seamless payment process. By embedding payment services onto existing platforms, businesses like car marketplaces can enhance customer trust and support broader functions like digital wallets and multi-currency options. This shift to a new-school approach will help alleviate customer pain points and drive innovation in traditional industries.



Read more at Yahoo Finance: Traditional industries are looking to get “new school” by improving payments