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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. As of 2017, online retail sales account for 12 percent of total retail transactions in the United States, but 50 percent of retail sales growth over the span of the previous year.

Retail 114
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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

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 The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing.

Mobile 181
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India’s Snapdeal On Board With New eCommerce Rules

PYMNTS

Every nation has a right to frame policies that best suit its economic and social needs,” Snapdeal said in its letter. Both want a piece of the growing eCommerce pie in the country as more people embrace online shopping. Amazon and Walmart are pouring billions of dollars into India, with Amazon earmarking $5.5

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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

It’s the market that should ignite but stubbornly refuses to. And insofar as they shopped online, cards (credit and debit) were preferred by nearly three-quarters of respondents. Japan, in the last several years, has been something of a puzzle among mobile payments watchers around the world. percent).

Mobile 154
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The Why Behind So Many Healthcare Payment Buys

PYMNTS

Healthcare spending has grown from $75 billion in 1970, as measured by Kaiser Family Foundation analysis of National Health Expenditure Data , to as much as $3.5 It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services. billion.

Payments 134