Payment Options
According to a recent Ipsos study of 10,500 consumers across the U.S., U.K., Germany, Australia, Italy, Spain and Brazil, consumers are much more likely to buy from an online business that offers PayPal. On average, thereโs a 54 percent increase in consumer willingness to buy when PayPal is available as a checkout option. When buying in situations where consumers have increased concerns โ like on mobile, across borders, from unfamiliar brands and when buying high-priced items โ the effect of accepting PayPal is even greater.
The financial services industry is one of the most established industries today, but when new trends emerge, finserv brands arenโt always the first ones to keep up. Financial decisions are incredibly personal, and consumers need to be able to trust the brands they work with. Crimson Hexagon analyzed billions of online and social media posts to determine and contextualize the most important trends in the financial services industry
It's difficult to escape the ongoing news surrounding the U.S. presidentโs โtrade war,โ and what could potentially unfold. Recent headlines have left many e-commerce merchants feeling uncertain, as it's still unclear how cross-border sales could be affected. Regardless of the trade war we currently face, e-commerce growth rates around the world have skyrocketed in recentโฆ
An estimated 20.4 billion devices will be connected by 2020, roughly four devices for every person on earth. The trend in owning connected devices continues to grow, as does the wealth of information that's shared across devices. Consumers are becoming more open to the idea of what has been dubbed the shared economy, where theirโฆ
Visa and a consortium of key industry organizations recently produced a report that provides an in-depth look at the opportunities and challenges small and midsize business (SMBs) face in an increasingly digital world. Digital Transformation of SMBs: The Future of Commerce, offers a snapshot into how SMBs can generate online sales and move to more technology-focusedโฆ
In e-commerce, there's a new payment method in town โ instant financing. The practice enables merchants to offer consumers the ability to spread payments over time with low or no APR financing offers, and represents an attractive alternative to credit and debit cards when paying for online purchases. Instant financing is particularly appealing to millennials,โฆ
Business owners are often surprised by whatโs involved in setting up a merchant account for payment processing. While some decide to use numerous vendors to provide a processing gateway, platform, settlement services and equipment, it isnโt the most efficient strategy. In the long run, working with an end-to-end payment technology company can save time andโฆ
In this week's episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss two Supreme Court rulings in the past week that will have an impact on the retail industry going forward. First up is the High Court's decision to side with states in the South Dakota vs. Wayfair case โ givingโฆ
The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants that accept its cards. Under their contracts, merchants which accept American Express generally canโt encourage customers to use other credit cards, even though they charge merchants lower fees. The federal government and a group of states sued overโฆ
Letโs face it, as consumers we all want a quick and easy experience when it comes to making purchases online or in-store. To provide this desired experience, merchants are under increasing pressure to improve security measures and exceed customer expectations while also controlling cost, and many of them have already taken notice. New research fromโฆ