PYMNTS
SEPTEMBER 3, 2018
Online retail continues to grow in the country, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate. The coming months will no doubt bring further development, innovation and investment in those areas as the move to a global digital economy continues.
PYMNTS
NOVEMBER 29, 2017
When it comes to payments and technology innovations, some industries are seeing massive growth, and others are seeing declines. 6 billion | Total revenue brought in by the cannabis industry in 2016, a figure that some estimate will grow to as much as $50 billion by the year 2026. By comparison, U.S.
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PYMNTS
DECEMBER 14, 2018
More Data, More Innovation. billion payments by 2026. In this model, an online platform acts as an intermediary by collecting consumers’ data while selling advertising opportunities to marketers. PSD2 allows new providers to access the same data already available to existing PSPs, to encourage innovation and foster competition.
PYMNTS
JUNE 7, 2019
percent between 2017 and 2026. Amazon is speaking with the country’s central bank about a solution that would enable consumers to pay in store or online using mobile devices and QR codes, according to March reports. Others, like payment card reader provider Clip, are also seeking to help innovate the Mexican economy.
PYMNTS
NOVEMBER 29, 2017
The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. The problem is not in moving the supply. As a point of comparison, U.S. consumers spent a roughly equivalent amount ( $55 billion ) on smartphones last year. A very wide path.
PYMNTS
MARCH 18, 2019
While some customers may prefer to complete a registration or application completely online, others might want to use on-premise devices or self-service kiosks instead. Just under seven in 10 – or 69 percent – of all online shopping carts are abandoned before checkout. However, retailers are looking to combat the problem.
PYMNTS
MARCH 13, 2019
Next came the invention of takeout, then phone-in and online ordering — all of which required restaurants to adjust their focus to offer top-quality services for all customers. Restaurants seem to be taking innovation to heart, particularly as they prepare to face increased competition in an ever-growing market.
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