New research from the University of Phoenix shows consumers have heightened concern for their online security during the busy holiday shopping season. The recent data breach of 500 million Marriott Hotel customer accounts adds to the anxiety level of consumers about their online identity and ...
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Payments Trends
Payments Trends
During this holiday season, busy shoppers may find that some merchants prefer payments with debit or credit cards instead of cash payments. USA Today reports some of the companies going cashless include clothing retailers such as Bonobos, Indochino, Everlane and Reformation; Amazon bookstores; Casper Mattress; Drybar ...
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Cyber Monday sales numbers are in and it’s a $7.9 billion online sales record. According to Adobe Analytics, Cyber Monday sales grew 19.3% from last year. Black Friday recorded a record $6.2 billion in sales and Thanksgiving Day sales reached $3.7 billion. Consumers are confident ...
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Hey big spenders and sellers, we’ve got a Thanksgiving shopping research special report for you. Consumers are getting ready to open their purses and wallets for the holiday shopping season, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. 43% of young ...
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Internet of Things (IoT) payments will total an estimated $24.5 billion in 2018 but Juniper Research predicts the IoT payments market will grow at an impressive average of 75% per annum over the next 5 years, reaching $410 billion by 2023. A large portion of ...
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Welcome to this week’s Payments NEXT newsletter with lots of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year and online sales expected to reach $124 billion. We’ve got a look at how Sears missed the e-commerce and ...
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Experian‘s 2018 Holiday Survey shows holiday shoppers are in a generally positive mood about holiday shopping and plan to spend 14% more this year than in 2017. The 2018 survey provides useful insight into shoppers’ thoughts on spending plans, budgets and interesting differences between the shopper ...
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In 14 stores in its Dallas headquarters market, 7-Eleven is testing a mobile cashierless checkout app called Scan and Pay. Customers can pick up a Slurpee, snacks and other items, scan the product barcodes with a mobile app, pay by your favorite payment provider, display ...
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Adobe is forecasting a record $124 billion in US online sales during the 2018 holiday sales season. Based on Adobe Analytics data, Adobe says online sales will increase by 14.8%, totaling $124.1 billion, while offline retail spending is expected to increase a modest 2.7%. Cyber ...
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The pace of payments news picked up dramatically as we get closer to Black Friday and holiday sales. Here’s the global payments news that caught our attention starting with Adobe’s prediction of a record $124 billion holiday e-commerce season. Eight US retailers including Sears, Claire’s ...
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