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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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global payments trends
Banking E-commerce Fintech

Oct 11 Global payments news roundup

Welcome to this week’s global payments news roundup. We unwrap holiday sales predictions for the UK – up 3.5%-4%, according to Coresight and the US up 3.8%-4.2% expected by the National Retail Federation. When it comes to converting clicks to bricks, a new report from ...
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retailers concerning clicks to bricks
E-commerce Loyalty Retail

Converting clicks to bricks: Five new retail growth strategies

The impact of digital on bricks and mortar retail is developing fast with some occasional surprising twists and turns. While e-commerce only makes up 11% of total US retail sales, that’s changing fast and retailers need to be nimble in finding new ways to convert ...
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2019 UK holiday sales
E-commerce Retail

UK 2019 holiday retail outlook is upbeat and online

It’s beginning to look a lot like Christmas and online sales all throughout the Empire. The good news according to the latest findings from Coresight Research is that 2019 holiday sales are expected to be up 3.5% to 4% compared with last year. That puts ...
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global payments news
E-commerce Payments Research Payments Trends

Oct 4 Global payments news roundup

Welcome to the weekly global payments news roundup where it’s beginning to feel a lot like Christmas sales predictions. At least according to the National Retail Federation, which says holiday sales should be up 3.8%-4.2% over last year. We profile a new banking app Cleo ...
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2019 Christmas sales predictions
E-commerce Retail

2019 US holiday sales should grow 3.8%-4.2%

The National Retail Federation (NRF) predicts sales this holiday season should be up 3.8%-4.2% over last year. Despite concerns about a hangover from China-US tariff disputes, the NRF is hoping US holiday sales will reach between $727.9 billion and $730.7 billion, excluding auto, gasoline and ...
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Cleo - bank app built for millennials
Banking Fintech

Finally, a BFF bank app for Gen-Zennials

Yo! You knew it was just a matter of time before your kids got a bank app that only speaks their language and doesn’t want to talk to Boomers at all, right? When a news release announcing its US banking app launch starts like this, ...
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GoCardless launches direct debit payments in US
Banking E-commerce Payments Trends

GoCardless launches international ACH debit payments in US

UK headquartered GoCardless launched services to enable international ACH (Automated Clearing House) debit payments for US companies in more than 30 countries around the world. The new service also enables easy US payments to GoCardless’s existing 40,000-plus international customers. GoCardless has built a global bank debit ...
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