E-commerce continues to change the way we live, work and play, and much of the disruption taking place has somewhat paralyzed online merchants. Many US online merchants, in particular, are paralyzed at the thought of selling across local borders – distinctly fearing a combination of ...
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Payments Research
Payments Research
Banks are those people many consumers love to hate. Enough so that the US Consumer Financial Protection Bureau (CFPB) received more than 244,114 complaints against US financial institutions in 2018. There are many ways to choose your bank but a new report from LendEDU identifies which ...
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According to the 2018 Mastercard SpendingPulse Report, US retailers enjoyed their best sales in six years with $850 billion in US holiday retail sales, an increase of 5.1% over 2017. MasterCard said consumer spending was driven primarily by strong apparel sales, up 7.9% from 2017, home ...
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Happy New Year and welcome to the first global payments news roundup for 2019. We start with an in-depth World Payments 2018 Report from Capgemini and BNP Paribas, which should be essential reading for every payments professional. Wired magazine takes a look at the brighter ...
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Retailers are not only bracing for the busy holiday shopping season, they’re also getting ready to handle the massive merchandise returns by shoppers online and in-store. In fact, with the rise of e-commerce, product returns are a way of life year-round for online retailers. B-Stock ...
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We’ve got our popular Friday fast roundup of the global payments news you should know about. There’s a report on mobile shopping and mobile payments, Cyber Monday sales records, Jet.com’s sales slide, Marriott’s 500 million accounts data breach, a coffee cup with contactless payments, and ...
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In the midst of the busiest shopping days of the year, fraudulent returns by consumers continue to cause problems and cost retailers in-store and online. Overall, product returns decreased slightly from 11.3% in 2017 to 10.8% this year, according to recent National Retail Federation (NRF) ...
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During this holiday season, busy shoppers may find that some merchants prefer payments with debit or credit cards instead of cash payments. USA Today reports some of the companies going cashless include clothing retailers such as Bonobos, Indochino, Everlane and Reformation; Amazon bookstores; Casper Mattress; Drybar ...
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Total in-store and online Thanksgiving sales through the holiday weekend showed positive results led by a sharp increase in e-commerce. According to the majority of retail industry analysts, strong Thanksgiving weekend results are leading into the traditionally strong Cyber Monday finale. KeyBanc analysts Edward Yruma, ...
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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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