Digital Transformation / DX
Artificial Intelligence / AI
Internet of Things / IOT
Failed payments costing Asia Pacific organisations more than $41b every year - Accuity report
The study also found that 60% of respondents are losing customers because of failed payments.
$118.5 billion lost in fees due to failed payments in 2020
Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.