Dec 30, 2020 As 2020 fades into the rearview mirror, we’ve got a last look at a year notable for the stories of struggle, resilience, and survival in the payments world. It’s a credit to the industry that many grew their business and at the ...
Read more
Payments Research
Payments Research
By Jeff Domansky, Dec 17, 2020 Prior to the pandemic, the economies of SE Asia were booming, and e-commerce was showing substantial growth as well. A new PPRO report shows the region’s e-commerce growth even eclipses the more developed marketplaces during the COVID-19 crisis. The ...
Read more
By Jeff Domansky, Nov 24, 2020 Based on data from more than 12 million payments processed annually through the AvidPay Network, research shows middle-market spending is recovering to a positive trajectory after two quarters of growth interrupted by the COVID-19 pandemic. Overall spending by middle-market companies ...
Read more
In the first seven months of the pandemic, more than half of American consumers (57%) have unfortunately seen a reduction in their income, and 42% have missed at least one bill payment as a result. These and other results from a new survey of US ...
Read more
New research suggests 58% of US consumers will stop using cash after the coronavirus pandemic ends. According to the September 2020 study by Travis Credit Union (TCU), consumers are now twice as likely to use a debit or credit card instead of cash to purchase ...
Read more
Global payment card expenditure grew 13% last year, to reach $35 trillion, according to the latest industry research. Despite a frequent US and western-biased view that Visa and MasterCard hold the dominant global market share for payment cards, that’s not the case. While the two ...
Read more
By Sunil Jhamb, Founder & CEO of WL Payments The e-commerce sector has grown steadily over the past few years, while international transactions have also become a regular phenomenon, especially in Europe where 23% of e-commerce[1] is cross-border. The COVID-19 crisis has further exaggerated these ...
Read more
Matt Jackson, Head of Partner Development (EMEA) at PPRO Invisible payments have already had a massive impact on the physical and online retail experience and could have the potential to eradicate cash and payment cards from the payment journey. Amazon Go even went as far as removing ...
Read more
Here are 10 important insights you need to know about payments and the US economy during the pandemic. The data comes from recent Bankrate research and the August 2020 Liberty Street Economics report from the Federal Reserve Bank of New York. 35% have less savings ...
Read more
From online shopping with rising digital and contactless payments and the massive increase in home deliveries, retail online and in-store after the pandemic will never be the same. Visa is out with a new study that looks at both shifting consumers’ preferences and small business ...
Read more