RetailMinded
FEBRUARY 19, 2022
Merchants serving a global audience need an added layer of personalization; tailoring their payment method offering to consumers in each market. Because, as surprising as this might be for US-based businesses, global consumers rarely prefer to use credit and debit cards to pay online. What Influences Consumer Behavior?
ROI Revolution
JUNE 30, 2021
78% of consumers value convenience more now than they did before the pandemic, with nearly 90% saying that they spend more when brands offer seamless & flexible payment options that speed up their decision-making. 67% of shoppers have abandoned their carts because online checkout was too complicated.
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eCommerceFuel
APRIL 13, 2018
Andrew : So when you were in front of your class, did you make any bold statements like this is just gonna…I mean, obviously, it’s not gonna do well for X,Y, and Z, or soon do incredibly well, or did you have to eat any words, or did you look brilliant to your students at all? Does mobile by AOB go faster? Jake : No.
ROI Revolution
AUGUST 5, 2021
Consumer spending habits returning to normal. Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. billion in consumer spending in Q2. Still, overall, 62.5%
ROI Revolution
DECEMBER 2, 2021
Last year, consumers moved toward digital more quickly than ever in light of the coronavirus pandemic. With store closures, safety concerns about being around other people, and more, consumers shifted to online shopping enough last year to push ecommerce to levels that weren’t expected until 2025! December 2. billion in revenue.
ROI Revolution
JULY 1, 2021
Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.
ROI Revolution
JUNE 1, 2021
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. of millennials and 64.6% May 20 update.
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