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Experts predict the biggest fintech trends for 2023

365 Retail

The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. .

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Turn Innovation into Action: Top 10 Takeaways You’ll Get From #RIC21

Retail TouchPoints

Curious about how consumer attitudes and behaviors are evolving? Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? What consumers really want from brands and retailers. Practical ways to harness the enthusiasm of values-driven consumers. 17 from 1:20 to 2:10 p.m.

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What is a Hybrid Retail Store? How To Adapt Your Retail Business

Korona

And consumers are increasingly using both digital and physical touchpoints to make purchases. Today’s consumers have unlimited choice in where and how they shop. Flexible payment options. have used BOPIS in the last six months, and 10% of all sales will be made via this click-and-collect method by 2025.

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ecommerce in Nigeria – tips for success

Payoneer

However, despite the coronavirus pandemic’s boost, eCommerce in Nigeria faces several challenges, including inadequate logistics infrastructure, limited payment options, high shipping costs, and low consumer trust. In addition, successful ecommerce in Nigeria requires navigating Nigeria’s unique market challenges.

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Retail Trends: Going Cashless

OrderDynamics

Credit cards started our weaning process. There were early efforts at digital payments using a mobile wallet. Despite the early hiccups of SMS payment and WAP payments that did not catch on, cashless transactions crept in regardless. In China, these have become a defacto standard payment methods.

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15 ecommerce statistics every entrepreneur must know

Omnisend

For example, did you know that 85% of consumers abandoned their shopping carts in 2022? Similarly, mobile commerce is on the rise, with more and more consumers using their smartphones and tablets to make purchases. trillion by 2025, when they’ll account for almost a quarter of all retail sales. But this may change soon.