article thumbnail

Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

The first electronic payment options via EC card and signature (ELV) or by entering a pin code (ec-cash) back then together made up just under 2.5%. Flash-forward to EuroCIS 2024 : Digital payment solutions are among the hot topics in 2024. And mobile payment by smartphone is also picking up.

article thumbnail

2024 Brought New PCI Requirements. Hackers Can Help You Keep Up

Retail TouchPoints

The critical role payment and financial services play in the global economy means companies in this industry will be some of the first mandated to comply. These include PCI’s Mobile Payment on COTS (MPoC, at 1A-1.2) As the average cost of a breach hits $4.45 and 3-D Secure Software Development Kit (3DS SDK, at T.4.4.4)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides.

eCommerce 197
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

The home décor market is expected to be valued at $202 billion by 2024, a 20% increase from 2019. Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. of Gen X will keep using touchless payment post-pandemic. What is real-time payment?

eCommerce 148
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [June 2021]

ROI Revolution

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides.

eCommerce 158
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides.

eCommerce 148
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [May 2021]

ROI Revolution

By 2024, annual paid ad spend is projected to hit $109.1 It will be nearly double that in 2024. The coronavirus pandemic accelerated consumers’ adoption of real-time payment options by 41% last year. Global mobile payments make up 46% of that, amounting to a total of $102.7 What is real-time payment?

eCommerce 148