Open Banking, Instant Payments, P2P and A2A services are already impacting traditional ACH batch operations. Also, many payments players now recognise the potential for online payments to displace cards and as a result are investing in new products. PSE has supported many clients who are planning to use such services to enable much lower cost transfers, to improve customer service, simplify reconciliation, reduce settlement timeframes, and increase efficiency.
Case studies
Project: Account to account mobile wallet
Objective 
With domestic mobile wallets being widely used across Europe, PSE carried out a review of the European P2P wallet landscape in order to support a quantitative and qualitative comparison of the major domestic European players and archetypes for a large payments player.
Approach
Beginning from PSE’s understanding of the players, the knowledge was completed by both primary and secondary research and interviews with local partners to understand the eWallets use cases, POS form factors, payment rails, user experience, consumer and merchant sign-up, economics and commercial models, plus the reasons for their success.
Result 
Based on the market analysis, PSE produced a detailed report on how each wallet works end-to-end, their participants’ role, financial flows and a summary of trends, providing the client with knowledge to define its partnership/competition strategy.
