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What’s new in the new retail payments strategy for the EU?
The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... more
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2018: Retail will be driven by technological advances and payment transaction capabilities
2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction capabilities, small-format shops will be in and ‘big-box’ shops are out, vast amounts of attention will be given to the omni-channel experience making it now [...]
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Global retail study reveals consumer demand for new ways to pay
Shoppers around the world are demanding their retail experience be transformed, a study by MasterCard has revealed at this year’s World Retail Congress. Retailers are under increasing pressure to adopt new payment technologies, as shoppers demand simpler and more innovative ways to pay, MasterCard’s first Retail Social Listening Study has uncovered. In a world first, the MasterCard [...]
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Mobile apps generate 50% of retailer mobile transactions
Criteo has released its State of Mobile Commerce Report, revealing that mobile apps generate almost 50% of mobile transactions for some of the largest ecommerce players who have made their app experience a priority, due to much higher conversion rates than mobile browser or even desktop. In addition, 40% of ecommerce transactions now involve more than [...]
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