Like language, cuisine, and customs, payment preferences vary — sometimes drastically — by region.

And with customers increasingly comfortable walking away when those preferences aren't catered to, banks have to be in tune with their markets, or they'll have a big disadvantage. 

So what are the must-have payment capabilities in key markets? And are banks doing enough to meet expectations? 

We used our digital banking research platform FinTech Insights to evaluate the state of play in the US, UK, EU, and Latin America.