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Blog — Page 20

Recent blog posts

How Did Southeast Asia Outpace the West in Digital Economy Growth?
Global

How Did Southeast Asia Outpace the West in Digital Economy Growth?

As economies across the globe go digital, Southeast Asia (SEA) is surpassing the US, China, and Europe and taking the lead. Over the past few years, SEA’s digital economy has achieved astounding success and reached $143 billion in 2021. What’s more, this number is forecast to increase by more than 17% and hit $314 billion by 20261.

3 min read
What Does India's Digital Transformation Mean for Online Businesses?
Global

What Does India's Digital Transformation Mean for Online Businesses?

The past two decades in India’s history are known as the national economic renaissance, made possible by the continuous technology-centric innovations driven by local visionary policymakers, ambitious businesses, and open-minded individuals. Due to the progress made throughout these years, the country’s GDP per capita has soared and its digital economy is booming.

5 min read
Is There Such Thing As Too Many Payment Choices Offered by Retailers?
Global

Is There Such Thing As Too Many Payment Choices Offered by Retailers?

Online payment methods play a critical role in a customer journey, so the efforts to diversify their selection at checkout have earned one of the top spots on every merchant’s list of priorities. As a result, many business owners try to offer as many payment options as possible. Yet, as new payment methods continue emerging, the amount of choices can become overwhelming for consumers.

4 min read
Digital ID Wallets: Differences in Adoption Between the EU & the US
Global

Digital ID Wallets: Differences in Adoption Between the EU & the US

The idea of integrating secure and trusted digital ID wallets on a national level has been present in the European Union and the US for many years. Thus, as global digitization continues, both of these geographical areas develop their take on the adoption of this initiative.

5 min read
How Will Buy Now, Pay Later Service Providers Navigate the Recession?
Global

How Will Buy Now, Pay Later Service Providers Navigate the Recession?

Buy Now, Pay Later companies have experienced several golden years during the COVID-19 pandemic, marked by the rapidly increasing popularity of their services. However, the future of the BNPL market is currently a hot topic, as the soaring inflation and the potential recession make consumers more apprehensive when it comes to buying expensive items best suited for extended payments.

5 min read
What Were the Main Real-Time Payment Trends in 2022?
Global

What Were the Main Real-Time Payment Trends in 2022?

Real-time payments (RTP) are one of the fastest-growing spheres in the global payments landscape today. In just one year since 2021, its market size value has increased by approximately $3 billion, and the upward trend is sure to continue.

4 min read
What Is Card-on-File and Why Do Businesses Need It?
Global

What Is Card-on-File and Why Do Businesses Need It?

Merchants nowadays are continuously searching for ways to streamline the payment process to cater to customers who appreciate shopping with speed and convenience. While it can be achieved in multiple ways, card-on-file (CoF) transactions remain one of the most effective tools to optimize checkout and boost sales.

4 min read
PaaS: How Cloud Tech Is Transforming the Future of Online Payments
Global

PaaS: How Cloud Tech Is Transforming the Future of Online Payments

The payment industry is experiencing a period of rapid transformation nowadays. This is partially due to the emergence of a multitude of players in the payments-as-a-service (PaaS) sphere. These providers enable FIs and other entities to outsource payment products and services and offer them to their clients without facing high upfront costs.

3 min read
Local Payment Methods: The Cornerstone of Cross-Border Success
Global

Local Payment Methods: The Cornerstone of Cross-Border Success

Businesses that aim to operate internationally often tend to be so involved in setting up globally accepted payment methods that they overlook the local ones. However, it is crucial not to skip this step, as successful market entry is unimaginable without it.

4 min read
What Is Visa Compelling Evidence 3.0 & How to Prepare for It?
Global

What Is Visa Compelling Evidence 3.0 & How to Prepare for It?

Friendly fraud is a compounding issue that is all too familiar to merchants. It occurs when a consumer makes an online purchase with their payment card and then disputes the charge. Sadly, over the past few years, the number of such fraudulent instances leading to chargebacks has grown significantly along with the rise of eCommerce.

5 min read
Main Payment Trends You Are Sure to See in 2023
Global

Main Payment Trends You Are Sure to See in 2023

As the world is gradually recovering from the effects of the COVID-19 outbreak, consumers can now make purchases in person without putting their health at risk. However, while shoppers have returned to brick-and-mortar stores, they haven’t given up on digital payments that experienced rapid growth during the pandemic.

5 min read
The Complete Apple Pay Overview
Global

The Complete Apple Pay Overview

Digital wallets and contactless payments have seen a surge in popularity during the COVID-19 pandemic, with Apple Pay being one of the tech solutions prospering at the time. The plethora of benefits this payment method offers and Apple’s course on innovation make it clear that this upward trend will continue.

26 min read
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