Online spending volume has expanded in the past few years, with the value of digital payments worldwide expected to grow at a compound annual growth rate (CAGR) of 15% between 2021 and 2028. This includes both business-to-business (B2B) and consumer-facing payments, presenting intriguing new opportunities...
The economy, it seems, has turned on a dime in just a few weeks. We’re facing the triple threat of inflation, rising interest rates, and the pressures on consumers grappling with high gas prices as they navigate uncertain times. On top of that, data shows...
Square launched a pair of software products that will help businesses in Ireland increase their sales and build customer loyalty in a few clicks, according to a Thursday (March 10) company press release. Square Marketing and Square Loyalty are now available as separate subscriptions for...
Six in 10 adult consumers in the United States opened at least one new financial account in 2021, meaning a minimum of 152 million such accounts were activated last year. Whether financial institutions know it or not, these accounts compete for consumers’ use and attention....
Online bank Revolut has launched a new payroll management service in the United Kingdom, the company announced. Called Payroll, the service will let customers manage payroll out of their business banking accounts. “We’ll calculate taxes, (National Insurance) and pension contributions for you. All you need...
Digital payments infrastructure platform Buy It Mobility Networks has launched “Buy Pass,” a product designed to give merchants easier access to branded payment alternatives. “Launching new solutions and payment options can be complex and resource intensive for merchants, especially as the pace of innovation and...
Consumers’ shopping and payment preferences and needs have shifted drastically since March 2020, with a rising number of consumers turning to digital-first businesses or channels to make more of their routine transactions. Companies, such as retailers, have had to adjust accordingly, with many altering their...
The combination of pandemic-related restrictions and consumer fears of contracting COVID-19 through cash transactions and ATM visits helped drive a sudden enthusiasm for contactless payments in 2020. And nearly two years after the first COVID-19 lockdowns began, that enthusiasm doesn’t seem to be waning. In...
The pandemic largely flattened the $18 billion trade show industry, leaving businesses scrambling to find better ways to foster and form virtual relationships with potential vendors. In the latest Payments Orchestration Playbook, multivendor wholesale platform Ribbon's Lindsay Thain explains the role of payments orchestration in...
