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 ...
Read more
Payments Trends
Payments Trends
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 ...
Read more
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 ...
Read more
We’ve got our weekly global payments news roundup ready for your reading pleasure. We start with a look at ActiveViam research showing 71% of retailers are concerned about getting outpriced by Amazon. For the first time, alternate payments now make up 51% of all online ...
Read more
A new research report from PPRO and Amadeus shows alternate payment transactions in the global travel industry have taken off and surpassed more than half of e-commerce travel transactions for the first time. Alberta, Canada Travelers now choose to pay for digital travel with alternative ...
Read more
Consumers will open their digital wallets 40% more and spend nearly $790 billion this year across Europe and North America, according to a new report from Juniper Research. The study predicts the largest growth in 2019 will come from instore payments, with mobile contactless payments ...
Read more
Another week, another $6.2 billion+ in record Amazon Prime Day sales. That’s our lead story and we’re sticking to it, even though some are saying it might have reached $7 billion. Some back-to-school shopping was done and the NRF estimates $80.7 billion will be spent ...
Read more
Put aside any preconceived ideas or misconceptions about e-commerce in Latin America. E-commerce in the region is growing at 25% to 30% and past barriers to doing business and handling payments are fast disappearing with the growth of e-commerce, mobile adoption, new payments options, and ...
Read more
If you’re a US business, selling products and services with recurring payments in foreign markets can be a challenge. Many foreign consumers and businesses simply don’t prefer to pay with credit cards, in contrast to US payments preferences. In fact, a recent Global Payment Preferences research ...
Read more
Quick. Name a country where 80% of transactions are still paid for in cash. Surprisingly, that would be Japan, second only after Germany as the country that pays more in cash for transactions than any other. With all its advanced technology and financial services know-how, ...
Read more