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Blog — Page 24

Recent blog posts

How Will Apple Pay Later Influence the Future of BNPL?
Global

How Will Apple Pay Later Influence the Future of BNPL?

The pandemic has marked the beginning of BNPL’s heyday - the value of global purchases using this payment method hit $120 billion in 2021, four times the amount spent in 2019. Even in post-COVID times, Buy Now, Pay Later continues its growth in popularity across the world, with its market value estimated to reach $576 billion by 2026.

5 min read
3 Main Mistakes Businesses Make with Touch-Free Transactions
Global

3 Main Mistakes Businesses Make with Touch-Free Transactions

The convenience of contactless payments is winning the hearts of more and more consumers worldwide. The global market value of such transactions is projected to nearly quadruple by 2026, reaching $51.07 billion, which makes it clear: this trend is here to stay.

4 min read
How to Boost Checkout Conversions in 5 Simple Steps
Global

How to Boost Checkout Conversions in 5 Simple Steps

The checkout process is one of the fundamental parts of the customer journey that can play a decisive role in a person’s shopping experience. Despite the rapidly changing consumer behavior, for many online merchants there is one long-pending issue that remains stagnant - card abandonment.

5 min read
Tapping Into the Potential of Africa’s Payment Industry
Global

Tapping Into the Potential of Africa’s Payment Industry

While Africa’s emerging market offers plenty of growth opportunities for various types of businesses, organizations that deal with digital transactions are the ones that will explore the local potential to the fullest. But what exactly can the merchants and PSPs entering the continent’s payments ecosystem expect?

4 min read
The Latest Gen Z Payment Trends and What Drives Them
Global

The Latest Gen Z Payment Trends and What Drives Them

Gen Z, the "digitally native" cohort, currently makes up approximately 24% of the global population and has significant spending power. According to a 2021 Bloomberg report, students and young professionals belonging to this generation already command a disposable income of $360 billion and counting.

5 min read
Asia-Pacific Region: Driving Change in Global Payments
Global

Asia-Pacific Region: Driving Change in Global Payments

The world’s retail eCommerce sales are expected to rise from $4.2 trillion in 2020 to $7.3 trillion by 2025. One of the main contributors to such rapid growth is the Asia-Pacific (APAC) region, with its focus on innovation in the payments technology field.

5 min read
How Can Merchants Make the Most Out of Payments Data Analytics?
Global

How Can Merchants Make the Most Out of Payments Data Analytics?

It is not an overstatement to say that data drives commerce. Merchants worldwide collect information to analyze it and make business decisions based on the gained insights.

4 min read
When Will the World Be Ready to Go Cash-Free?
Global

When Will the World Be Ready to Go Cash-Free?

The use of coins and banknotes has been declining worldwide over the past years. In 2021, cash payments accounted for only 18% of the global transaction value, and their share is expected to drop even more - down to 10% already by the end of 2025.

5 min read
A Merchant’s Guide to Tap to Pay: from Fundamentals to Future Insights
Global

A Merchant’s Guide to Tap to Pay: from Fundamentals to Future Insights

In 2021, over two-thirds of merchants were already accepting contactless payments, and their number continues to grow fast due to the increasing demand. The technology behind this trending transaction type is called “Tap to Pay”.

4 min read
Biometric Payment Cards: Will They Become a Worldwide Trend?
Global

Biometric Payment Cards: Will They Become a Worldwide Trend?

Fingerprint-based cards were first introduced decades ago but failed to gain traction because they seemed overcomplicated at the time. However, following the pandemic, they are having a grand comeback in a number of markets.

4 min read
The Complete Guide to Online Payment Fraud Prevention
Global

The Complete Guide to Online Payment Fraud Prevention

Online payment fraud is one of the greatest concerns for merchants worldwide regardless of the business scale. According to estimates, the global eCommerce losses from it accounted for $20 billion in 2021, which represents a 14% increase from $17.5 billion recorded in the previous year.

9 min read
The Complete Guide to Accepting Payments in Latin America
Global

The Complete Guide to Accepting Payments in Latin America

The internet penetration rate and the number of mobile users in Latin America (LATAM) have been growing consistently throughout the past years. What’s more, the share of the unbanked population in the region is steadily decreasing, so if your online business still hasn’t entered this market, it might be the perfect time to do it.

4 min read
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