Boaz Gam - page 4
Recent articles
Global Commerce Insights: Expanding into Growth Markets
Lately, emerging markets have been experiencing a surge in commercial activity fueled by the increasing adoption of innovative fintech solutions. This tendency has resulted in significant shifts in consumer behavior and the introduction of various novel products and services. Due to this, expanding into such areas is not only exciting but also often challenging for retailers.
The Ultimate Guide to Online Payment Methods Across the Globe
In today’s globalized world, companies have the opportunity to expand their business across borders and reach out to consumers in every corner of the planet. However, to truly thrive in this environment, it’s crucial to find the right approach to local audiences. One effective way of achieving this is by adapting to the diverse payment preferences linked to various geographical areas.
Spotlight on Global eCommerce: How Is It Evolving Nowadays?
2023 marked 41 years from the moment the concept of eCommerce was introduced at the opening of the Boston Computer Exchange in 1982. Since then, this field has undergone numerous changes and is now entering a new era of slower development. This process began a while ago - in fact, already in 2022, the sector experienced its lowest YoY sales growth since its inception.
Key Factors Shaping the APAC Region’s Payment Landscape in 2024
In the first quarter of 2024, it has become evident that commerce in the Asia Pacific (APAC) region is gearing up for some major changes. This is mainly due to the emergence of new technologies and shifting consumer habits, which are making the payment scene in countries like Australia, Singapore, Japan, and Malaysia actively fill up with innovative solutions.
The Value Behind the One-Leg Out Instant Credit Transfer Scheme’s Rulebook
In June 2023, the European Payments Council (EPC) released the updated rulebook for the One-Leg Out (OLO) Instant Credit Transfer (OCT/SCT Inst) scheme. This extensive document contains the guidelines, practices, and standards necessary to ensure interoperability in offering and managing the Euro Leg of international instant credit transfers within SEPA.
Main Tech Trends Set to Revolutionize Commerce by 2030
The commerce sphere is always at the forefront of adopting innovative tech solutions. One of the key reasons behind it is the fact that selling products and services to consumers in such a dynamic landscape requires merchants to continuously optimize their operations and stand out through unique offerings.
Handling Chargebacks in 3 Steps: The Ultimate Merchant’s Checklist
Chargebacks, whether stemming from genuine concerns or fraudulent activities, pose a pressing issue for merchants. After all, these fees have the power to chip away business revenue, drain valuable resources, and negatively affect the company’s reputation.
How to Boost Payment Acceptance Rates: A Comprehensive Guide
The payment acceptance rate is a key performance indicator that reflects the ratio of consumer-initiated transactions that were completed successfully. As practice shows, a good benchmark for this KPI is anywhere around 80% or higher, so if your eCommerce business consistently sees lower figures, it is a clear sign that it is time to reconsider your approach.
The 2024 Outlook for Credit Cards: Navigating Turbulent Times
Over the past several years, the global payment ecosystem has been experiencing significant challenges, such as major economic shifts caused by the pandemic, rising inflation, and increasing interest rates. These issues have been manifesting themselves across a variety of aspects, including the performance of credit cards.