The payments space is fundamentally changing: cash and checks gave way to credit and debit cards, which are now being replaced by payment apps. In an era where social proof reigns supreme, how is social media shaping the future of commerce?

1. PAYMENTS
GONE VIRALTHE RISE OF SOCIAL COMMERCE
WWW.GOODWORLD.ME

2. CASH & CHECKS CREDIT & DEBIT
Physical cards based
on digital currency
system
Physical currency Digitized payments
PAYMENT APPS
EVOLUTION OF PAYMENTS

3. EVERYTHING WE DO IS
INCREASINGLY MOBILE AND SOCIAL
20% of time
spent online is
spent on social
media
Nearly one
third of the
world's
population is
on social
media
The number
of active social
mobile users
has grown
17% in the
past year
SOURCE: SmartInsights, comScore

4. 90% OF ALL PURCHASES ARE
SUBJECT TO SOCIAL INFLUENCES.
90% OF CONSUMERS TRUST
RECOMMENDATIONS FROM
PEOPLE THEY KNOW.
SOURCE: TEMPLATEMONSTER

5. SOCIAL
PAYMENTSThe future of financial transactions, helping
people pay where they play
WE NEED FASTER, EASIER PAYMENTS
THAT MEET PEOPLE WHERE THEY ARE.

6. WHERE IT'S ALREADY
HAPPENING
CHARITABLE
DONATIONS
E-COMMERCE PEER-TO-PEER
PAYMENTS