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global payments news
Banking E-commerce Fintech Payments Trends

Oct 26 Global payments news roundup

Another week, another great global payments news roundup for you. Best Buy just threw down the free next-day holiday delivery gauntlet for its competitors. Kount and BlueSnap have partnered to enable and encourage international e-commerce for US companies. Look, up in the sky, it’s Wing ...
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Best Buy offers free delivery on online purchases
E-commerce Logistics Retail

Best Buy takes on holiday competitors with free next-day delivery

Holiday season sales haven’t really started yet but the competition for online sales coupled with special free or discount delivery options just heated up. Best Buy announced it will offer free next-day delivery on online purchases over $35 through Christmas Day for the first time. ...
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international online shoppers
Credit Card & Online Fraud E-commerce Payments Trends

Partnership attacks two biggest barriers to US international e-commerce sales

With global e-commerce likely to reach a record of nearly $3.5 trillion in 2019, why are more US businesses not making bigger headway in growing their international e-commerce sales? New research from fraud prevention solution company Kount and payments processor BlueSnap suggests fraud concerns and ...
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Wing drones deliver in Christiansburg
Disruptive Technologies E-commerce Logistics

Home delivery by drone on a Wing and a prayer

Residents of Christiansburg, Virginia will be looking to the sky a lot more in the near future, and it won’t be with a prayer. Rather, they’ll be buzzing about Walgreens, FedEx and Sugar Magnolia package deliveries by Alphabet subsidiary Wing Aviation’s fleet of drones. Wing ...
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Mastercard launches Payment on Delivery for B2B
Banking Payments Technology

Mastercard launches B2B payment on delivery

Mastercard launched Payment on Delivery, a new solution that lets businesses pay a supplier in real-time when receiving goods or services. The company is piloting the program with PNC Bank, which uses the RTP® network from The Clearing House for real-time payments clearing and settlement ...
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global payments news
E-commerce Fintech Mobile Payments Payments Trends

Oct 18: Global payments news roundup

The global payments news is just about as busy as the impeachment proceedings in the US but we’ve got important payments news to share. Lightico research looks at what Gen Z wants from their bank and it’s way more digital than their Dad’s bank. Juniper ...
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Gen Z wants digital banking
Banking Mobile Payments Payments Trends

Research: What Gen Z wants is not their father’s bank

Let’s start with what Gen Z and younger consumers want from their banks. They want digital, mobile, and instant banking services. In other words, not their dad’s bank. What they’ve got right now from an entrenched banking system is too much paperwork, too many off-line ...
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shopping cart abandonment research
E-commerce

10 e-commerce order fulfillment stats that will shock you

If you’re like most e-commerce and online sellers, online shopping cart abandonment may be causing you to lose between 60% and 80% of potential sales in addition to other problems caused by fulfillment order challenges. Here are 10 e-commerce shopping cart and order fulfillment stats ...
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shopping at a Madagascar market
Mobile Payments Payments Research

Emerging market mobile financial services will grow 70% by 2024

So how big is the mobile financial services market in emerging markets? According to a new study from Juniper Research, the mobile financial services market will be worth more than $1 trillion by 2024, up 70% from an estimated value of $580 billion in 2019. ...
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India Dhiwali Festival
E-commerce Payments Research

India’s Paytm Mall sees profitability on the horizon

As the critical Festival shopping season begins, India’s Paytm Mall, the e-commerce subsidiary of payments and financial services company Paytm, is getting closer to profitability after several years of losses typical for a startup in the e-commerce business. “Paytm Mall business is close to break-even, ...
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