As the pandemic repelled high-spending visitors and local shoppers spent less, retail sales in Hong Kong plummeted 25 percent in the first 11 months of 2020, the South China Morning Post reported. Get the Full Story Complete the form to unlock this article and enjoy...
Afterpay said on Monday (Jan. 4) that the average basket size for its customers in the U.S. rose by 30 percent in a comparison of the 2020 and 2019 holiday shopping seasons, according to an announcement. Get the Full Story Complete the form to unlock...
Real-time payments (RTP) are ready for their closeup, and decisions are happening behind the scenes now as banks and financial institutions (FIs) consider their RTP strategy for 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
“It was a year of trepidation and angst,” said Rubana Huq, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), according to recent Dhaka Tribune reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With online commerce driven to new heights last year, the supply chain and logistics sector was stretched to its maximum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The digital migration of sales operations presents massive opportunities in efficiency and cost savings for B2B sellers like manufacturers and wholesalers, but the motivations for making the online shift haven’t always been about driving the overall optimization of the enterprise. Get the Full Story Complete...
Let’s start 2021 being provocative instead of safe with wishy-washy predictions. Karen Webster says let’s drop the prefixes from commerce. Then get our heads wrapped around the fact that consumers and businesses have redefined what it means to be “convenient” and recognize that innovation in...
For digital currencies, as goes China, so will go the world? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Private insurer ICICI Lombard has rolled out its new website for small to medium-sized businesses (SMBs) in Mumbai to buy or renew insurance, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
