Gartner Research

Hype Cycle for Payment Innovations, 2014

Published: 30 July 2014

Summary

The pace of payment innovations is accelerating. A bank's siloed systems and operations, as well as product development approaches, are unfit to respond to new market requirements. This Hype Cycle will assist banks in prioritizing their investments to ensure they capture the new opportunities.

Included in Full Research

  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off the Hype Cycle
  • On the Rise
    • Wearable-Originated Payments
    • Sound-Wave-Based Payment System
    • Money and Payment Clouds
    • PIVAS — Tracking and Negotiation
    • Acquiring Convergence Solutions and Dashboards
    • Application PaaS for Payments
    • Bank Payment Obligations
    • Mobile Digital Payment Advisor
  • At the Peak
    • Social Messaging App-Based Payment System
    • Peer-to-Peer Foreign Exchange Marketplace
    • Remote Commerce Emulation for Proximity Payments
    • Trusted Service Manager for NFC-Enabled Mobile Payment Systems
  • Sliding Into the Trough
    • PIVAS — Synchronization Process
    • EMV Migration (U.S.)
    • Payment Architectural Frameworks
    • Payment Services Hub
    • Digital Wallet Solutions
    • Transaction Banking 2.0 (Payments)
    • Mobile-Originated Proximity Payment Systems
    • Alternative Card Networks
    • Social Network Payment System
    • Mobile Devices as Payment-Acquiring Terminals
    • Online Bank-Enabled Payment (OBEP) Systems
    • Mobile-Originated P2P Solutions (for Mature Payment Markets)
    • Enterprise Mobile Financial Services Solutions
    • Near-Real-Time Low-Value Payment Systems
  • Climbing the Slope
    • PIVAS — Reward and Loyalty
    • Biometric Payment Systems
    • Multipayment Application Instruments
    • Mobile Wireless Payment Systems (for Nonmature Payment Markets)
    • Contactless Retail Payment System
    • Internet Micropayment Solutions
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

Analysts:

Christophe Uzureau

Access Research

Already a Gartner client?

To view this research and much more, become a client.

Speak with a Gartner specialist to learn how you can access peer and practitioner research backed by proprietary data, insights, advice and tools to help you achieve stronger performance.

By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Gartner research: Trusted insight for executives and their teams

What is Gartner research?

Gartner research, which includes in-depth proprietary studies, peer and industry best practices, trend analysis and quantitative modeling, enables us to offer innovative approaches that can help you drive stronger, more sustainable business performance.

Gartner research is unique, thanks to:

Independence and objectivity

Our independence as a research firm enables our experts to provide unbiased advice you can trust.

Actionable insights

Not only is Gartner research unbiased, it also contains key take-aways and recommendations for impactful next steps.

Proprietary methodologies

Our research practices and procedures distill large volumes of data into clear, precise recommendations.

Gartner research is just one of our many offerings.

We provide actionable, objective insight to help organizations make smarter, faster decisions to stay ahead of disruption and accelerate growth.

Tap into our experts

We offer one-on-one guidance tailored to your mission-critical priorities.

Pick the right tools and providers

We work with you to select the best-fit providers and tools, so you avoid the costly repercussions of a poor decision.

Create a network

Connect directly with peers to discuss common issues and initiatives and accelerate, validate and solidify your strategy.

Experience Information Technology conferences

Join your peers for the unveiling of the latest insights at Gartner conferences.

©2022 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.