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Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

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How Brands from Walmart to Pacsun Have Harnessed the Power of Digital Twins

Retail TouchPoints

Results from Robloxs 2023 Digital Expression, Fashion & Beauty Trends report confirm Burkes point: 43% of survey participants shared that they want twinning items on their physical self and avatar self as the top activation they want to see from fashion brands.

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Study: Consumers Warm to Social Commerce, But Payment Mistrust Could Hamper Growth

Retail TouchPoints

Increasingly though, consumers are making that switch: nearly half ( 48% ) of all social media users surveyed by CouponFollow said they had made at least one purchase through social media last year. Facebook and Instagram Lead the Way in Social Conversion. Brand Content is a Key Driver in Inspiring Social Purchases.

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Survey: COVID-19 Travel Restrictions Spur Huge Growth in Cross-Border Ecommerce

Retail TouchPoints

Brands that were advanced in their digital journey and were globally diversified have seen incredible returns and record-breaking online revenues. Flexible payment options are gaining in popularity. It’s no longer a choice to sell globally; it’s a strategic imperative. ”.

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Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

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Adopting a Holistic Security Mindset for Ecommerce

Retail TouchPoints

Another survey of online consumer attitudes found that 84% wont go back to an ecommerce site after a fraud experience there. Organized fraudsters use search and social media ads to deceive customers into clicking through to fake websites that steal their payment data, account login credentials or both.

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Merchants Weigh In on Payment Processing

Practical eCommerce

Power surveyed SMB merchants as to their satisfaction with payment processors. The post Merchants Weigh In on Payment Processing appeared first on Practical Ecommerce. Here are the results and our analysis.