Payments Trends

Payments Trends

payments preferences cause $1.1B loss
E-commerce Payments Research Payments Trends Slider

Retailers lose $1.1 billion by not offering preferred payment choices

A new report from global payments provider Adyen highlights shifting consumer payments preferences and the potential loss of more than $1.1 billion by US retailers who fail to offer customers their preferred payment choice. The March 2018 survey of more than 1,000 consumers and 250 ...
Read more
many questions
Banking Disruptive Technologies E-commerce Payments Trends Slider

Payments news: PayPal chases unbanked; banks drop mobile; crypto credit

Today, we’re looking at PayPal’s campaign to bring in new customers from the nine million “unbanked” US residents who either don’t use a bank or don’t like using banks. We examine how traditional banks are losing mobile customers because their user experience on bank mobile ...
Read more
PayPal wants unbanked customers
Banking Disruptive Technologies Payments Trends Slider

No bank? PayPal wants you

Got no bank? You may be just the customer PayPal is looking for. Of course, more than 227 million worldwide customers know and likely use PayPal often for payments services. PayPal doesn’t have a US bank license but that hasn’t stopped it from moving further ...
Read more
payments trends
Bitcoin & Blockchain Payments Trends Slider

Credit card signatures gone; P2P cryptocurrency payments here

We’ve got a couple of quick stories for you today, starting with the demise of signatures on credit cards by the major credit card networks. That’s way overdue. Also, South Korean cryptocurrency exchange Bithumb will let users pay by cryptocurrency for products and gifts using ...
Read more
credit card signatures disappearing
Credit Card & Online Fraud Payments Trends Slider

Bye bye credit card signatures

When was the last time you used a pay phone? I can’t remember either. In the same way, by the end of this month, credit card signatures will no longer be required on four major credit card networks, including – American Express, Discover, Mastercard and ...
Read more
voice payments battle
E-commerce Payments Research Payments Trends Slider

Will Amazon enter the voice payments business soon?

Word is out that Amazon is preparing to enter the payments business, and that’s got to be making PayPal, Venmo and Square nervous. ...
Read more
PaymentsNEXT News
E-commerce Payments Research Payments Trends Slider

SWIFT payments; IKEA VR shopping; UK shoppers ready for wearables payments

We’ve got three interesting global payments stories to carry you into the weekend, starting with an attempted hack on Malaysian central bank via the SWIFT network. Next, we take a look at whether IKEA may leave its big-box stores behind in favor of virtual shopping. ...
Read more
wearables contactless payments
Banking E-commerce Mobile Payments Payments Trends Retail Slider

Research: 26% of UK shoppers ready for contactless payments

New research by MasterCard shows that UK shoppers are keen to make contactless payments using smart devices such as rings, bracelets and smart watches. More than 50,700 consumers were surveyed in nine EU countries and 26% of UK residents said they would be willing to ...
Read more
Worldpay global payments report cover
E-commerce Payments Research Payments Trends Slider

Worldpay Global Payments Report: 4 Key Insights

We continue our highlights of Worldpay’s Global Payments Report 2017 and its insights into the latest payments trends and market developments. In this post, we focus on several unique perspectives and new market developments including biometrics, silver surfers and baby boomers, growth of bank transfers ...
Read more
Worldpay report on global payments trends
Payments Research Payments Trends Slider

Worldpay Report: Global payments insights & trends

Worldpay released its Global Payments Report 2017 and it’s loaded with information on the latest payments trends and market insights. In this post, we look at the bigger picture for payment trends from 2016 to 2021 globally and in the four biggest regions of North ...
Read more