Payments Research

Payments Research

cash payments falling
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Many merchants prefer your debit and credit cards over cash payments

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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Holiday week Thanksgiving sales in-store and online surged

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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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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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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IoT payments a novelty now but will reach $410 billion by 2023

Internet of Things (IoT) payments will total an estimated $24.5 billion in 2018 but Juniper Research predicts the IoT payments market will grow at an impressive average of 75% per annum over the next 5 years, reaching $410 billion by 2023. A large portion of ...
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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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Payments NEXT Oct 26 news roundup
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Oct 26 Global payments news roundup

Here’s the global payments news that caught our eye this week including Shopify/Venmo and Amazon/AMEX partnerships, Visa’s double-digit growth, Amazon Q3 results, US cross-border payments research, Swedish government’s e-krona digital currency, British Airways hack, Canadian cannabis sales going higher, and much more. It’s payments news ...
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Where are the opportunities for US cross-border e-commerce?

US online merchants are far behind building their cross-border e-commerce growth because most are not offering enough or any local payment methods in international markets. A new PPRO whitepaper shows that US merchants need to make local payment methods (LPM) available because traditional credit card ...
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