The 'global SME' is going to drive the payments revolution. This is for two reasons – first, SMEs have been poorly served by banks and so there is an appetite for change; second, the new global SMEs are being run by a young generation of tech-savvy entrepreneurs who expect payment to happen anywhere at any time without delay.
Indeed, the global SME was something of an oxymoron until recently – the majority of SMEs did business inside a 50-kilometre radius of their base and certainly within national borders.