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 ...
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Payments Trends
Payments Trends
There’s so much going on in the payments world, it’s time for a roundup of quick news bytes and links to news you can use if you’re in the payments industry. Accelerating winds of change in global payments – McKinseyThe COVID-19 public- health crisis and ...
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While COVID-19 is spurring new entrepreneurial startups, San Francisco-based fintech Azlo has launched a new set of digital banking, invoicing, and back-office tools to help SMEs and freelancers manage their back-office financial functions more efficiently and less expensively. Azlo Pro is a new subscription-based set ...
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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 ...
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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 ...
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By Kelvin Phua, Global Head of Payment Networks at PPRO The COVID-19 outbreak has seen the e-commerce sector surge. Despite economic uncertainty, consumers around the world are turning to the internet for the goods and services that they previously would have looked for in-store. In ...
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There’s one ballooning payments problem that simply isn’t going away soon. It’s the $1.6 trillion debt carried by an estimated 44.7 million American students. For years, policymakers and economists alike have recognized that growing student debt places a huge drag on the economy both for ...
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by James Booth, VP, Head of Partnerships, EMEA, PPRO Swedish Parliament, Stockholm Designed to increase consumer protection for online shopping and curb rising household debt amongst Swedish consumers (currently increasing at a rate of 7% per annum), the Swedish Parliament has approved an amendment to ...
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By: Steve Villegas, VP of Payment Partnerships North America at PPRO To suggest that COVID-19 has transformed the future of business would be too obvious. But, in certain industries like retail, it is hard to fathom just how much change the pandemic has ignited. The ...
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The impact of COVID-19 has accelerated disruption in the B2B payments marketplace and according to a new study from Juniper Research, it will be two years before business recovers its losses. The research shows how deep the disruption to business has been around the world ...
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