Are you already selling globally or unsure where to start or how to improve your cross-border sales? We’ve got some insight and tips from Shopify Plus that should help you tap into the estimated $3.5 trillion global retail e-commerce market. Some 57% of global online ...
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Payments Trends
Payments Trends
Credit and debit card payments account for the vast majority of the United States’ online purchases, particularly with the introduction of contactless payments. However, this doesn’t ring true for the rest of the globe. In fact, card issuers such as Visa and Mastercard only account ...
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While 2018 holiday shopping retail results were up a solid 5.2%, it’s the buy online pickup in-store (BOPIS) sales jump of 46% that got industry analysts attention. A new report from Bell & Howell and OrderDynamics has some answers on why shoppers are embracing BOPIS, ...
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It’s Friday and we’ve got a solid lineup of global payments news starting with a brand perspective on voice ordering, FedEx robot delivery tests, and a point-of-sale loan partnership between fintech Affirm and Walmart. Check JPMorgan CEO Jamie Dimon’s props for Square and a view ...
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Walmart and Silicon Valley lender Affirm announced plans to offer the 4000-store retailer’s customers loans at the point-of-sale (POS) online and in-store at most US Walmart locations. The companies hope a simple, point-of-sale purchase and POS loan will appeal to consumers tired of excessive credit ...
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Ten years after President Barack Obama signed the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (Credit CARD Act), research by CompareCards.com shows consumers want more credit card protection. The act provided some key consumer protections. It limited banks’ ability to increase interest rates ...
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What a busy week in payments news around the globe! Amazon has canceled plans for a New York HQ. US retailers lost $300 billion in sales in 2018 due to markdowns. SWIFT plans to open access to its KYC database for corporate entities. PPRO sees ...
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In this week’s payments news, we’ve got an NRF prediction for 2019 retail sales growth of 4.4%. The Anti-Phishing Working Group says 38% of phishing attacks targeted payments information while the Identity Theft Resource Center reports nearly half a billion US consumer records were stolen in ...
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New Feb 1 Foreign Direct Investment (FDI) regulations on e-commerce have the online selling business in turmoil in India. The new government regulations prohibit foreign-owned companies from restricting local retailers from their marketplace platforms or only selling products from preferred suppliers. Local Indian businesses have ...
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Our global payments news roundup is truly worldwide this week. Visa and MasterCard reported solid year-end financials, although both cards remain locked out of China during the trade dispute. In India, Amazon and Walmart’s Flipkart are scrambling to respond to new stringent e-commerce regulations on ...
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