Payments Research

COVID-19 reducing cash usage

How low will cash usage go?

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 ...
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UnionPay International has biggest payments market share

China’s UnionPay leads global payment card issuers

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 ...
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EU e-commerce

Payments in the five largest EU e-commerce markets

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 ...
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London UK payments trends

Not so fast: What’s blocking the future of invisible payments?

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 ...
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pandemic creates US economy uncertainty

10 key insights into US payments and debt during the pandemic

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 ...
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SMBs meet new consumer purchase preferences

Visa study finds new consumer purchase paths and SMBs responding

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. ...
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B2B cross-border payments may recover 30% by 2022

A new study from Juniper Research predicts the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020. ...
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global payments declining due to COVID-19

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. ...
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COVID-19 relief payments

Coronavirus stimulus check consumers are paying their bills and clinging to cash

If you were one of the fortunate 150 million or so US citizens to receive a $1200 COVID-19 Relief Check in April, you probably spent it paying bills ...
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IBM-Prairie Payments Joint Venture

Canadian credit unions and IBM plan new payments as a service platform

Credit unions in three Canadian provinces will be looking blue when it comes to modernizing their payments technology and platforms in a new eight-year, $100 million technology services ...
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