Gartner Research

Hype Cycle for Payment Innovations, 2014

Published: 30 July 2014

ID: G00263505

Analyst(s): Christophe Uzureau


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.

Table Of Contents


  • 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

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