Press contact:
Fahd Pasha
Tel.: +1 647 860 3777
E-mail: Fahd.Pasha@capgemini.com
Banks face fallout as 40% of small and mid-sized merchant businesses eye
shift to PayTechs
- Merchants face up to nine hours of downtime annually due to their current unreliable payment systems, increasing attractiveness of alternative PayTech1options
- PayTechs are winning the innovation race, with 60% adopting Gen AI across their operations, compared with 41% of banks
- Total worldwide non-cash transactions set to reach 3.5…

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