E-commerce

E-commerce

global payments declining due to COVID-19
Banking E-commerce Payments Research Payments Trends

Canadians toss the cash, forgo bank branches, embrace contactless payments

New research from McKinsey shows Canadian consumers avoided cash and bank branches in May over the fear of COVID-19 and turned to contactless payments to fill the gap. The survey found that 42% of Canadians decreased their use of cash compared to only 26% in ...
Read more
COVID-19 disruption creates opportunity
E-commerce Retail

McKinsey: Post-COVID-19 business recovery could take 5 years

A new McKinsey report says post-COVID-19 business recovery could take five or more years depending on the size of business and sector. The report highlights challenges faced by businesses in returning to pre-pandemic business levels including reduced customer demand for products and services, new consumer ...
Read more
SaaS metrics
E-commerce Payments Trends

SaaS metrics that matter, including monetization

By Alexandra Marcu, Vice President of Marketing at 2Checkout The business landscape has never been as competitive as it is in the digital era and the SaaS field is one of the fastest-growing today according to Gartner – 27% annual growth rate estimated in 2019 ...
Read more
COVID-19 logistical challenges for business
E-commerce Logistics

COVID-19 sales impact, biggest challenges, best business responses

New research from 2Checkout reveals COVID-19’s negative impact on more than 60% of online businesses but also points to ways companies are responding positively and highlights several sectors that actually grew their sales in the past several months. Biggest business challenge is sales The biggest ...
Read more
2020 online shopping research
E-commerce Logistics

Holiday shopping predictions amid COVID-19

it’s never too early to start thinking about Christmas shopping, is it? Especially if you’re a retailer. At least that’s what the research team at Voxware was thinking as they asked consumers about their online shopping plans for the holidays in the midst of our ...
Read more
synthetic identity fraud
Credit Card & Online Fraud Cybersecurity E-commerce

Financial services see surge in online fraud during pandemic

With the rise of e-commerce and digital payments during the COVID-19, new research by TransUnion shows fraudsters are also getting in on the action. The recent report showed an 11% increase worldwide in risky fraud transactions it defined as denied or reviewed because of fraud ...
Read more
contactless payments by Fattmerchant
E-commerce Fintech Mobile Payments Payments Trends Retail

Fattmerchant launches new contactless payments solution for merchants

With new research showing a shift by consumers to contactless payments, technology provider Fattmerchant introduced a new suite of contactless payment tools for small business owners A recent survey conducted by Fattmerchant shows a shift in consumer payment preferences due to the COVID-19 pandemic. Nearly ...
Read more
Amazon Australia launches online alcohol sales
E-commerce

Amazon Australia pops the cork on alcohol sales

Amazon Australia just set its sights on a brand-new market niche and the biggest players in the booze business down under and farther afield should be concerned. With online shopping habits shifting due to the impact of coronavirus, increased online sales of alcohol and growth ...
Read more
Fitz Sunglasses
Disruptive Technologies E-commerce Retail

How Fitz Frames uses mobile-first to beat e-commerce and COVID-19 challenges

It’s one thing to start a business as an entrepreneur and survive the first year. It’s an even bigger badge of success to have launched your online business as a mobile-only enterprise and then thrive and grow despite the COVID-19 crisis. Meet Fitz Frames, a ...
Read more
US e-commerce during pandemic
E-commerce Retail

Who’s thriving with e-commerce sales during the pandemic?

There’s lots of chatter and noise about the importance of e-commerce and how merchants are doing with online sales during the coronavirus crisis. If you needed any proof that e-commerce will be critical for every business going forward, we’ve got highlights of the latest research ...
Read more