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A shift in attitudes is happening among both merchants and consumers when it comes to payments.

Most merchants believe payment cards are headed the way of the dinosaur, according to a recent survey from payments technology company ACI Worldwide and technology analysis firm Ovum.

The poll of 1,032 executive respondents in 13 industry sectors across 19 countries found that 77% of U.S. merchants and 77% of all merchants globally think real-time payments will eventually replace the use of payment cards.

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Tina Orem

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