NewsRetail Technology Will COVID-19 spark the end of cash payments? Increased payment volume, consumer behavior shifts, and greater risk create a new landscape for payments Payment firms are being pushed rapidly into t
NewsRetail Technology Cost-cutting to accelerate outsourcing of payment processing by acquirers Great diversity exists in payments processing arrangements across Europe A new study by RBR, ‘Payment Cards Issuing and Acquiring Europe 2020’, sh
NewsRetail Technology Virtual card adoption accelerates to over $5 trillion in transaction value by 2025 A new report from Juniper Research found that the value of transactions processed by virtual cards will more than treble over the next 5 years; increa
NewsRetail Technology Mobile POS terminals market size to reach $81.3 billion by 2026 According to a new study published by Polaris Market Research the worldwide mobile POS terminals market is anticipated to reach over USD 81.3 billion
NewsRetail Technology Consumer payment card usage during coronavirus pandemic could mirror the Great Recession New consumer patterns in use of payment cards emerged in the wake of the Great Recession of 2008-2009. That crisis – being now being echoed by the c
NewsRetail Technology Coronavirus will curb but not halt the billion-dollar point-of-sale financing boom U.S. consumers have for decades relied on a mix of credit cards, home equity lines, and personal loans when purchasing large ticket items, with the cr
Retail TechnologyShopping Today Corona crisis: Contactless payment more popular than ever Practical, fast and above all hygienic “Please make contactless payment if possible.” These or similar notices are currently in the checko
NewsRetail Technology Mobile Point of Sale transaction values to exceed $1.9 trillion by 2024 New data from Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed $1.9 trillion by 2024, up from $850 billion
NewsRetail Technology Cashless payment methods: higher sales and increase efficiency Study by ECC Köln and Concardis: 53% of SMEs have experienced positive effects on sales from cashless payments The trend of card payment at the point
Retail TechnologyShopping Today Pros and cons of online payment options How you can combat shopping cart abandonment with the right methods One of the main reasons why shoppers will abandon a purchase is when popular onlin