Payments Trends

Payments Trends

US retail is ready to reopen
Payments Trends Retail

Global consumers ready for revenge spending

By Jeff Domansky, May 21, 2021 Frustrated with 15 months of pandemic restrictions, work-from-home mandates, and longing to shop in-store once again, consumers appear ready to reopen their purses and wallets with a vengeance. Earlier this spring, Bloomberg Economics estimated Americans have a stockpile of ...
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global payments news
Payments Trends Retail

May 19: Global payment news roundup: Laybuy, Adyen, Wise, Billtrust, Masrvi, Target, Best Buy, more…

Tie your runners and get ready to ramble. Here’s the weekly roundup of global payments news, developments, and innovations to keep you current. Consumer buying behaviors that will shape the future of retailAt the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up ...
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Best Buy pandemic response
Payments Trends Retail

Consumer buying behaviors that will shape the future of retail

By Jeff Domansky, May 18, 2021 At the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up the future of retail succinctly: “There isn’t a world where people revert back to their 2019 behaviors, and part of that is just a comfort level,” ...
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global payments news and info
Fintech Payments Trends

May 6 PaymentsNEXT global payments news roundup

Lots of breaking and positive news this week, and this quick roundup will keep you up to speed on the payments industry news you need to know. April US retail sales grow 23.3% as trends point to a recovering economyTotal US retail sales sprung into ...
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business optimism post-Covid
Payments Research Payments Trends

US small business Covid-19 payment perspectives

By Douglas Hall, Publisher, PaymentsNEXT A new report from The Strawhecker Group (TSG) and the Electronic Transactions Association (ETA) reflects the impact of the pandemic on payments and the plans for US small businesses to respond to the new consumer payment preferences evolving. Of the ...
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Splitit new BNPL service launches
Buy Now Pay Later E-commerce Payments Trends

Splitit opens new installment payment opportunities for merchants

By Jeff Domansky, April 29, 2021 With the buy now pay later (BNPL) market exploding worldwide, competition for market share and consumer attention intensifies.  As many as 39% of US consumers have tried BNPL, according to a February 2021 report by The Strawhecker Group, and ...
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$4.2 trillion in global e-commerce
E-commerce Logistics Payments Trends

$4.2 trillion projected for global e-commerce in 2021

By Jeff Domansky, April 28, 2021 It looks like new online shopping habits by consumers could ring up $4.2 trillion in e-commerce sales globally this year, an increase of 20% over 2020. Adobe’s Digital Economy Index report showed a surge in online purchasing in March ...
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future of global payments
Fintech Payments Trends

Global payments news roundup: Afterpay, Amazon, FIS, Amex, more…

By Jeff Domansky, April 23, 2021 We’ve got a Friday global payment news roundup to keep you at full speed as you follow the latest fintech news. Look for buy now pay later news, Amazon palm pay technology, fear of financial fees, the Daily Reopen ...
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Afraid of our finances?
Banking Payments Research Payments Trends

How big is our fear of financial fees?

By Jeff Domansky, April 19, 2021 April is National Financial Literacy Month in the US, and we can all forget about the fear of missing out (FOMO) on financial literacy. It looks like most consumers have a massive fear of financial literacy, according to research ...
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mortgage payments key during pandemic
Payments Research Payments Trends

Covid-19 spending: Mortgages mattered most in US

By Jeff Domansky, April 15, 2021 According to new research, when it comes to consumer spending priorities during Covid-19, mortgages mattered most, followed by car loans and credit cards. TransUnion researchers found the pandemic had a pronounced effect – in a short period – on how ...
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