Key Highlights
- 58% of payments industry companies report increased productivity due to remote work
- 72% of payments firms plan to maintain or increase remote work policies post-pandemic
- 65% of payments professionals believe remote work improves work-life balance
- 48% of payments companies report cost savings on office space with remote work
- 82% of payments industry employees prefer hybrid working models
- 36% of payments firms have seen a decline in employee turnover since adopting remote work policies
- 54% of payments companies see increased customer satisfaction with remote service options
- 60% of payments industry leaders believe remote work enhances innovation
- 45% of payments employees report better collaboration in hybrid work settings
- 70% of payments firms expanded digital infrastructure to support remote operations
- 55% of payments industry professionals participated in virtual conferences and training courses in 2023
- 40% of payments companies cite cybersecurity concerns as a barrier to remote work
- 27% of payments employees experience loneliness and isolation while working remotely
Remote and hybrid work models are transforming the payments industry, boosting productivity, enhancing work-life balance, and driving innovation—making flexible work arrangements more vital than ever for industry success.
Employee Well-being and Collaboration
- 45% of payments employees report better collaboration in hybrid work settings
- 27% of payments employees experience loneliness and isolation while working remotely
- 64% of payments employees report improved communication with colleagues in hybrid work environments
- 71% of payments professionals report that remote work has positively impacted their mental health
- 47% of payments employees miss in-person networking opportunities
- 49% of payments employees experience challenges with home office ergonomics
- 50% of payments employees have expressed concerns about remote work burnout
Employee Well-being and Collaboration Interpretation
Industry Trends and Strategy
- 54% of payments companies see increased customer satisfaction with remote service options
- 53% of payments companies report increased use of digital payment solutions for internal transactions
Industry Trends and Strategy Interpretation
Remote Work and Workforce Practices
- 58% of payments industry companies report increased productivity due to remote work
- 72% of payments firms plan to maintain or increase remote work policies post-pandemic
- 65% of payments professionals believe remote work improves work-life balance
- 48% of payments companies report cost savings on office space with remote work
- 82% of payments industry employees prefer hybrid working models
- 36% of payments firms have seen a decline in employee turnover since adopting remote work policies
- 60% of payments industry leaders believe remote work enhances innovation
- 70% of payments firms expanded digital infrastructure to support remote operations
- 55% of payments industry professionals participated in virtual conferences and training courses in 2023
- 85% of payments industry managers report efficient remote onboarding procedures
- 33% of payments industry HR departments have increased hiring for remote roles
- 68% of payments companies report increased flexibility in working hours with remote/ hybrid models
- 22% of payments industry employees work fully remotely at least 3 days a week
- 50% of payments firms experienced a boost in compliance and audit efficiency with remote work tools
- 12% of payments companies have faced challenges with remote team management
- 77% of payments industry employees believe remote work makes career advancement more accessible
- 42% of payments firms saw an increase in innovation and new product development with remote teams
- 59% of payments companies report an improvement in employee morale due to flexible working arrangements
- 46% of payments providers use virtual collaboration tools daily
- 61% of payments companies conduct remote training sessions for new employees
- 38% of payments employees report improved productivity with a dedicated home office
- 80% of payments industry leaders see remote work as essential for attracting top talent
- 52% of payments organizations utilize cloud services to support remote operations
- 43% of payments firms have implemented flexible hours explicitly to support remote workers
- 34% of payments companies fear increased remote work may hinder team cohesion
- 78% of payments firms believe remote work will continue to grow in importance
- 41% of payments industry employees have reconsidered their career paths due to remote work flexibility
- 69% of payments firms report improved employee retention with hybrid working models
- 31% of payments companies track productivity through remote work monitoring tools
- 73% of payments companies believe that remote work drives digital transformation
- 58% of payments professionals say remote work has improved their ability to balance personal commitments
- 62% of payments industry managers report higher team engagement since adopting remote work policies
- 44% of payments firms emphasize remote work as a key factor in their talent acquisition strategies
- 76% of payments industry employees believe remote work enhances their overall job satisfaction
- 30% of payments companies plan to implement more remote work options in the next year
- 67% of payments professionals report that remote work has positively impacted their productivity and focus
- 49% of payments firms report challenges in maintaining company culture remotely
- 70% of payments organizations have increased investment in remote onboarding platforms
Remote Work and Workforce Practices Interpretation
Technology Adoption and Cybersecurity
- 40% of payments companies cite cybersecurity concerns as a barrier to remote work
- 29% of payments firms have reported data security incidents related to remote work
- 66% of payments firms have invested in cybersecurity tools to secure remote work environments
- 55% of payments industry firms have adopted virtual client onboarding processes
Technology Adoption and Cybersecurity Interpretation
Sources & References
- Reference 1DIGITALTRANSACTIONSResearch Publication(2024)Visit source
- Reference 2WORKFORCEResearch Publication(2024)Visit source
- Reference 3PAYMENTSNEWSResearch Publication(2024)Visit source
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- Reference 5FINTECHNEWSResearch Publication(2024)Visit source
- Reference 6CIOResearch Publication(2024)Visit source
- Reference 7HFTECHResearch Publication(2024)Visit source
- Reference 8PYMNTSResearch Publication(2024)Visit source
- Reference 9GARTNERResearch Publication(2024)Visit source
- Reference 10HRTECHREVIEWResearch Publication(2024)Visit source
- Reference 11FINTECHFUTURESResearch Publication(2024)Visit source
- Reference 12PAYMENTSINSIGHTSResearch Publication(2024)Visit source
- Reference 13HIRINGINSIGHTSResearch Publication(2024)Visit source
- Reference 14HRDIVEResearch Publication(2024)Visit source
- Reference 15IMAGENETIResearch Publication(2024)Visit source
- Reference 16CROWDFUNDINSIDERResearch Publication(2024)Visit source
- Reference 17PAYMENTSINDUSTRYJOURNALResearch Publication(2024)Visit source
- Reference 18TECHCRUNCHResearch Publication(2024)Visit source
- Reference 19FORBESResearch Publication(2024)Visit source
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- Reference 23FLEXJOBSResearch Publication(2024)Visit source
- Reference 24PAYMENTSJOURNALResearch Publication(2024)Visit source