For the first time in the UK, debit cards have taken over from cash as the consumers’ preference for payments. New research from UK Finance shows consumers made 13.2 billion debit card payments in 2017 compared to 13.1 billion payments in cash. This comes a ...
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Payments Research
Payments Research
Despite the hype and estimates that voice shopping could reach $40 billion in annual sales within several years, research shows that consumers simply aren’t sending off their orders via Google Home and Alexa yet. A report by tech newsletter The Information shows that only about ...
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Although 15% of consumers have made a biometric payment in the past year, research from Transaction Network Services (TNS) shows biometric payments are not ready to break through into common use according to a survey of more than 3,000 in the US, UK, and Australia. ...
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The changing customer and technology landscape is having a huge impact on retailers in-store and online. A recent Retail Wire presentation provided a look at the most recent research and what merchants can expect in retail payments in the future. Mobile matters to e-commerce sales ...
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A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...
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Merchants are losing more than $17 billion in online sales every year due to out of stock products. At retail prices, that number is even larger at $22 billion in lost sales due to unavailable inventory. Those online out of stock rates are twice those ...
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Mobile sales are increasing along with the adoption of mobile apps by retailers, but mobile fraud is a growing problem as well according to a new research report from Kount. The whitepaper – “Mobile Payments and Fraud: 2018 Report” – identifies several key trends including ...
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We’ve got the latest global retail benchmarks research from Vend with valuable industry metrics. Buy-online-pickup-in-store (BOPIS) sales are up and we look at what to do about the growth in fraud as well. Finally, we have our weekly global payments news roundup to help you ...
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Here’s a roundup of the global payments news we’re reading this week. It includes a look at what Amazon is up to in the payments and financial services business and a preview of Amazon Prime Day. Also included is a look at the struggle of ...
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Why buy online, pickup in-store (BOPIS) fraud is up 250% and how to prevent it. ...
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