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Can Mobile Solve A City’s Transit Payment Challenges?

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This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 percent by 2027, when it will reach a total valuation of $87.6 percent year-over-year growth in digital commerce in the first quarter of 2020.

Mobile 181
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Deep Dive: Using Payments Orchestration To Power International Growth

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trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. Merchants must also develop strategies for mitigating the frictions that go along with sending and receiving funds across borders, such as fraud and data security risks, exchange rate volatility and chargebacks.

Payments 162