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Experts predict the biggest fintech trends for 2023

365 Retail

Whilst buy now pay later has raised concern in recent years, the online trend allowing customers to split their payments into interest-free instalments continues to surge. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. . Cryptocurrency will become an everyday way to pay .

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

Retail TouchPoints

Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? NFT, cryptocurrency and metaverse reality check. Whether BNPL turns out to be a short-term blip or a lasting change in shopper payment options, retailers should develop strategies to make the most of its current popularity.

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

Korona

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. After ordering products, it’s time to pay for them, which requires retailers to offer different payment options to consumers. Offer Flexible Payment Options on Your eCommerce Site.

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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

trillion by 2025, when they’ll account for almost a quarter of all retail sales. Despite this, mobile commerce sales in the USA reached $360 billion in 2021 and are expected to reach $710 billion by 2025. Digital payment ecommerce statistics. The total transaction value of digital payments is expected to reach $1.76

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News Cart for July 17th + FuelMade’s $50,000 Grant Winner

eCommerceFuel

Shopify Increasing Its Card-Processing Rates (ECF Membership Required to Read). Merchants receiving email indicating that processing rates for Shopify Payments are increasing by 0.2%. Processing rates now broken up into three tiers: Domestic, AMEX & International and In-Person Sales. Sellers pay between $.01