PYMNTS
JUNE 7, 2019
percent between 2017 and 2026. Consumers in countries that commonly see credit and debit card use expect all retailers to allow them to pay in those ways, thereby generating merchant demand for mPOS solutions. is one such nation, with a June 2018 Statista survey reporting that 83 percent of Americans aged 30 to 49 owned credit cards.
PYMNTS
NOVEMBER 22, 2018
That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. The domestic digital payments market is projected to rise to a value of $1 trillion by 2023 , as estimated by Credit Suisse , up fivefold from recent tallies.
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PYMNTS
MAY 31, 2018
In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. The consensus on that is evolving – and in an interesting way. What’s Next.
PYMNTS
MAY 10, 2018
“India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of eCommerce in the market,” Walmart CEO Doug McMillon said in a statement.
South State Correspondent
OCTOBER 25, 2023
The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. As check volumes continue to decline as instant payments take hold and fraud increases, we predict the cost per check will hit over $15 per check by 2026.
PYMNTS
FEBRUARY 10, 2020
The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.
PYMNTS
MAY 17, 2017
We got the inside scoop of what the ballpark of the future might look like from FIS’s Bob Legters, chief product officer of FIS Global Retail Payments, and David Wright, Minor League Baseball’s chief commercial officer — and what brought two such different organizations together to build it. One ball park and customer experience at a time.
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