If we had to pick one word for what every payments and commerce player wants, “more” would be a reasonable candidate. More conversions, greater value out of those sales and a greater number of ways to connect to consumers. But getting more often entails doing more – and making it easier for consumers to push and receive funds while feeling safe and secure throughout all of those transactions.
Data:
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$252: Average order value among consumers who pay with Amazon Pay
70 percent: Share of CUs with assets over $5B that are interested in data analytics-based innovation
36 percent: Share of credit unions that want to improve their security and fraud management efforts
12: Number of hours Western Union senders have to submit cash to transfer after starting a transaction online
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5: Number of days consumers wait, on average, to get a package delivered by an eCommerce merchant for free
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