In Japan, 80% of consumers pay for transactions with cash. That’s why Amazon Japan’s decision to introduce Amazon Pay in partnership with startup Nippon Pay shows they are in the cashless payments market for the long term. With only 20% of Japanese consumers using other ...
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Payments Trends
Payments Trends
Welcome to the weekly edition of Payments NEXT news. We go in-depth to look at cashier-less checkout trends, cross-border e-commerce success tips, Amazon fake products and Google Pay’s new program to offer loans by mobile app in India. As always, we wrap up with our ...
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Lots of news, innovations and new developments in payments news this week. Here’s a collection of what we’re reading and what you need to know. Report: Google, Mastercard Cut Secret Deal to Track Retail Sales Google and Mastercard reportedly drafted a secret deal in which ...
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With the opening of its second store in Seattle, Amazon Go is in the vanguard of the cashier-less checkout movement. Though checkout automation has been a goal for many retailers, some have struggled with concepts from self-checkout to full cashier-less checkout and it remains a ...
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Statista reports the number of global online shoppers between 2014 and 2018 jumped by 36%, growing from 1.32 billion to 1.79 billion people. According to Braintree, PayPal’s mobile web payment system, cross-border shoppers also want their shopping experience to be simple and painless. Cross-border challenges ...
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Our weekly payments industry news this week features an update on synthetic identity fraud, record Q2 2018 target financials, e-commerce membership sales growth, a smart speaker for cryptocurrency purchases and voice shopping as well as our popular weekly global news roundup. Synthetic identity fraud is ...
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Here’s a roundup of the global payments news we’re reading heading into the weekend. Lots of new developments in identity fraud, retail ups and downs, new payments industry developments and a free Amazon report. Synthetic identity fraud is rising; data breaches abound Synthetic identity fraud is ...
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According to McKinsey & Company research, e-commerce membership sites have grown more than 100% annually during the past five years. An estimated 15% of consumers have signed up to one or more subscription services for everything from beer and wine, child and baby items, contact ...
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This weekend’s reading in payments news, trends, research and innovations from around the globe is for the fast and the furious. Watch for Google’s first-ever retail store in Chicago, Amazon’s possible move into the theater business, and Walmart’s stellar e-commerce results. We’ve also got a ...
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Online shopping in the Asia-Pacific region will reach $1.6 trillion in 2018 and $2.3 trillion by 2022 according to a new report from GlobalData. Across the entire Asia-Pacific market, Asia-Pacific e-commerce growth increased between 2013 and 2017 at a compound annual growth rate (CAGR) of ...
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