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E-commerce

global payments news Nov 23
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Nov 23 Global payments news roundup

Leading into the post-Thanksgiving weekend, we’re sharing a collection of global payments news that caught our eye this week, starting with a preliminary Black Friday sales report along with a few summaries of Thanksgiving Day shopping spending. Early indicators reveal a strong Black Friday Black ...
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Deloitte 2018 pre-Thanksgiving shopping survey
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Consumers plan to spend more in-store and online Thanksgiving shopping

Hey big spenders and sellers, we’ve got a Thanksgiving shopping research special report for you. Consumers are getting ready to open their purses and wallets for the holiday shopping season, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. 43% of young ...
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retail payments trends
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NRF/Forrester research shows retail payments changes coming

New research from the National Retail Federation (NRF) and Forrester show retailers, e-commerce sellers and payments industry leaders expect many changes in retail payments in the near future. 44% of retailers no longer require signatures for debit card transactions, 13% will eliminate them by the ...
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75.6% abandon purchases in their online shopping cart

SurePayroll estimates US e-commerce platforms lose roughly $18 billion in potential revenue each year to abandoned carts. With the holiday shopping season ready to roll, it’s a great time to consider the impact of a shopping cart abandonment on sales and revenue. According to SalesCycle, ...
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global payments news roundup
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Payments NEXT: Nov 16 global payments news roundup

It’s a week from Black Friday, but the Black Friday ads are already running in full force. To help you get through the weekend while you shop online, we’ve got our popular Friday global payments news roundup ready for your weekend reading. Payments Trends to ...
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Walmart-Ford testing driverless grocery deliveries
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Walmart & Ford test driverless deliveries in Miami

Shopping at Walmart got even easier if you live in Miami, thanks to a collaboration between Walmart, Ford and delivery service Postmates. The new test drive lets customers shop for groceries online, have their order picked and packaged by Walmart’s personal shoppers and delivered in ...
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Singles Day hits $30.8 billion sales
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Alibaba’s Singles Day makes double-digit record sales of $30.8 billion

Another year, another Alibaba’s Singles Day sales record with sales reaching $30.8 billion (RMB213.5 billion), up 27% for the one-day e-commerce extravaganza. Last year, sales were $25.3 billion for the promotion, also known as Alibaba’s 11.11 Global Shopping Festival. The company said it handled more ...
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Payments NEXT newsletter
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Nov 10 Payments NEXT Global Payments Newsletter

Welcome to this week’s Payments NEXT newsletter with lots of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year and online sales expected to reach $124 billion. We’ve got a look at how Sears missed the e-commerce and ...
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global payments news
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Nov 9 Global payments news roundup

Here’s the global payments news that got our attention this week, curated and provided for your weekend reading. Look for plenty of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year. Check out the estimated $30 billion organized ...
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Christmas shoppers will spend 14% more in 2018
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Experian says 2018 holiday shoppers plan to spend 14% more

Experian‘s 2018 Holiday Survey shows holiday shoppers are in a generally positive mood about holiday shopping and plan to spend 14% more this year than in 2017. The 2018 survey provides useful insight into shoppers’ thoughts on spending plans, budgets and interesting differences between the shopper ...
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