The year that was: Miura’s payment roundup of 2017
As 2017 draws to a close, it’s time to reflect on another year in payments. As a leader in the secure payments space we have been totally immersed in all of the dynamic changes that have occurred in the industry and have taken the opportunity to highlight a few of the bigger trends Miura saw emerge and continue in 2017:
- Digital payments using wallets, cards and mobile truly became mainstream, and in many nations, contactless cards outranked notes and coins as the main means of payment.
- Retailers once again focused on omnichannel concepts to create a seamless consumer experience, whether purchases are made online or in-store.
- Security and consumer trust in payment systems continued to be top priority, and the use of Artificial Intelligence and Machine Learning to counter fraud – and deliver initiatives like chatbots – developed at a fast pace during the year.
In this dynamic landscape, Miura are pleased to report a fast-growing year in 2017, with a 40% upswing in sales. Contributing to this global success have been significant business wins in the USA, Africa and Asia. In North America especially, our developing channel strategy has added significant revenue due to the success of our new distribution clients.
A key contributor to our successful 2017 has been our commitment to listen to feedback from our partners as well as applying a keen focus on aligning our solutions back to the key mobile and retail payment trends emerging during 2017. This resulted in new solutions and an ever-increasing range of payment peripherals to create one modular platform for all retail environments.
We continue to be at the forefront of payment technology and streamlining the complexity which comes with providing secure payment solutions. Just one example of many in 2017 was helping a key client to become the first mPOS certified P2PE provider in Japan, using Miura’s P2PE Certified Application and Key Management Component.
As for 2018, Miura aims to continue its successful growth position and broaden its penetration in the marketplace by creating innovative payment acceptance solutions that enable our partners to deliver real value to all retailers regardless of size or vertical.
In Q1, we will be busy with the launch of new products and peripherals, created as always through constant feedback, testing and involvement with you, our partners.
To end 2017, here’s a final word from our CEO, Enrique Garrido: “To all of our partners and customers worldwide, we’d like to thank you for helping Miura have such a good year, and we trust our solutions have helped make your year even more successful. From everyone at Miura, we wish you a Happy New Year and continued success in 2018.”