By Jeff Domansky If there was ever any doubt that buy now, pay later was mainstream worldwide, we can put that notion to bed once and for all. The BNPL news in the past several days alone saw Visa unroll BNPL for merchants in Canada, ...
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E-commerce
E-commerce
By Jeff Domansky Understandably, PayPal’s new payment pricing strategy attracted a lot of attention. After all, the company is one of the biggest in the payment industry, with $21.4 billion in revenue in 2020 and $936 billion (+31.5%) in transactions processed. Its biggest payment processing ...
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By Jeff Domansky As excitement builds regarding a return to “normal,” it’s helpful to look around the globe and see which economies are poised to rebound the fastest. During 2020’s year of Covid, global consumers made many new buying decisions and tested new shopping and ...
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By Jeff Domansky, May 13, 2021 Cybercrime is incredibly profitable for fraudsters. Experts estimate more than $1 trillion was lost globally to cybercrime in 2020, and payment abuse is a big part of the fraud picture. According to Sift’s Q1 2021 Trust & Safety Index ...
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By Jeff Domansky, April 29, 2021 With the buy now pay later (BNPL) market exploding worldwide, competition for market share and consumer attention intensifies. As many as 39% of US consumers have tried BNPL, according to a February 2021 report by The Strawhecker Group, and ...
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By Jeff Domansky, April 28, 2021 It looks like new online shopping habits by consumers could ring up $4.2 trillion in e-commerce sales globally this year, an increase of 20% over 2020. Adobe’s Digital Economy Index report showed a surge in online purchasing in March ...
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By Jeff Domansky, April 27, 2021 It’s financial results season, and it’s not just big business seeing an economic recovery underway. A new report from Intuit QuickBooks by economist Susan Woodward shows US small businesses are on the road to financial recovery from the impact ...
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By Jeff Domansky, April 8, 2021 False declines are a $430 billion-plus global headache for retailers. A new Forter-Adobe collaboration aims to help businesses increase revenue by 2%-3% by increasing legitimate transaction approvals and reducing the number of false declines. Forter announced it has joined ...
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By Jeff Domansky, April 2, 2021 Ostrich cowboy boots. New. Paid by crypto. With apologies to Hemingway, who wrote the apocryphal six-word short story about baby shoes, it nicely describes PayPal’s full-fledged launch into cryptocurrency payments. Earlier this week, PayPal CEO Dan Schulman made the ...
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By Jeff Domansky, April 1, 2021 With so much happening in the global payments industry, we’ve prepped a news roundup to quickly get you up to speed as the week comes to a close. Among the highlights: Visa Direct Payouts and crypto payments, Paysafe merger ...
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