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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E-commerce
E-commerce
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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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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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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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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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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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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GoCardless is out with a new report on payments preferences in 10 major markets that comprise 80% of global e-commerce. The report gives us valuable insights into consumer payments preferences in 10 countries. We’ve got a quick quiz to see how much you know about ...
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It’s definitely the busy season and we’ll help you save time with this week’s global payments industry news roundup. Narvar tells us what customers hate most about returning products and what to do about it. Macy’s same-day delivery program sets a new bar for US ...
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Product returns are one of the biggest e-commerce business challenges. They’re expensive in time, staffing, logistics, and overall cost. They’re frustrating for customers. According to research from Narvar, properly handled and managed, customer returns can turn into an e-commerce asset. In fact, research shows 96% ...
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