Recognizing the threat from fintech startups as well as mobile powerhouses like Alipay, a group of seven European payments leaders has started building a new network focused on improving cross-border mobile payments in the EU. Headquartered in Zurich, the European Mobile Payment System Association’s (EMPSA) ...
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Payments Trends
Payments Trends
MSTS is out with a new report on B2B sellers and buyer payment preferences. There are valuable insights and solutions to some of the challenges faced by B2B sellers, but one statistic shocked me. The research showed that 57% of B2B buyers did not complete ...
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We say hello to his week’s global payments news roundup and goodbye to the last weekend of the summer holidays. We start with $260 billion – that’s the amount of business lost by retailers due to shopping cart abandonment online. A social experiment from Lightico ...
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Is it still the summer holidays? You wouldn’t think so by the volume of news, and we’ve got global payments news highlights you can use. First, Comscore looks at how fast e-commerce is moving to mobile. US consumers are slow to embrace mobile and contactless ...
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In China and Europe, contactless cards and mobile payments are commonplace, even with small payments. But in the US, cash and debit for small purchases are still king, although there is change on the horizon according to a survey from CreditCards.com. For US consumers, contactless ...
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As the end of the dog days of summer approaches, we’ve got our weekly global payments news roundup for you. First, we look at the 25th anniversary of Visa’s first e-commerce payment and a bit of online payments history. Next up, the logistics industry is ...
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Hola! Our payments news roundup covers the latest from around the world starting with a look at MSTS’s “Credit as a Service™.” Then there’s the growing problem of password hygiene, according to new research from PC Matic. The future of retail is convenient and connected ...
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If you’re a typical SMB, one of your biggest challenges is managing B2B accounts receivables (AR) and slow-paying clients, particularly when you offer net 30- to net 60-day terms of payment. Help in managing AR has been around for a long time with the spectrum ...
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US consumers are paying with debit more often, and in more ways, including online shopping, online bill payments, and person-to-person (P2P) payments and momentum is building according to the Discover Financial Services’ PULSE® debit network’s 2019 Debit Issuer Study, carried out in May 2019. E-commerce ...
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For decades, debt collection has relied on the same methods: repeated phone calls and letters to consumers. Not only does this take a lot of time and energy, it results in scores of complaints (debt collectors generate more complaints to the Federal Trade Commission than ...
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