PYMNTS

FEBRUARY 7, 2020

Google Maps is getting a makeover and retailers will be a beneficiary as it enables more location sharing, data access and social media integration. billion by 2027. In some cases that data is based on mobile locations; in some its based on transaction patterns. Google is bringing it to the broader retail market this year.

Google 133

Google Analytics Retail social media 133

PYMNTS

SEPTEMBER 9, 2020

Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. billion by 2027, growing at a CAGR of 31.4 In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

Marketing 209

Marketing Report social media Course 209

PYMNTS

NOVEMBER 14, 2018

trillion: Estimated value of the global digital payments market by 2027. 77 percent: Share of mobile debit payments made via Apple Pay. 100 million: The expected installed base for smart speakers by the end of 2018 – 2.5 times the installed base at the same time in 2017. 750: Average ticket size for a purchase financed through Affirm.

Data 151

Data Apple Lending National 151

PYMNTS

JUNE 24, 2020

Just as eateries and other business begin to reopen after COVID-19-related closures, Shift4 Payments announced Wednesday (June 24) it is rolling out a tool that that lets customers pay for meals, products and services by using their mobile devices to scan QR codes. trillion by 2027, according to a recent report by Grand View Research.

Pennsylvania 130

Pennsylvania United States Payments America 130

PYMNTS

MARCH 27, 2019

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

Payments 108

Payments Mobile Google Apple 108

PYMNTS

JANUARY 8, 2021

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. One report found that 84 percent of consumers would express a higher opinion of retail brands if the brands offered virtual rebates , for example — as opposed to offering them these disbursements via cash.

Lending 163

Lending Examples Tools Meeting 163

Celent Banking

MAY 22, 2015

NACHA’s own estimates predict that by 2027 (I don’t make predictions that far into the future) a whopping 1.4 That’s 6% of 2014 ACH network volume – presumably a much smaller percentage of 2027 volume. It’s like installing more pay phones as a way to compete with mobile devices. billion same-day payments.

System 100

System Payments Industry Mobile 100

PYMNTS

FEBRUARY 3, 2020

And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. They include the increasing obsolescence of physical bank branches, the mass adoption of mobile banking, and self-serve kiosk trends, among others. It helps explain why the value of the ATM market was $18.44

ATM 165

ATM Digital Banking Innovation Video 165

PYMNTS

JUNE 18, 2020

Strange new patterns of demand quickly overcame existing PPE supply chains, and a fascinating mobilization began where factories were repurposed WWII style to make face shields, ventilators and PPE for thousands of frontline healthcare professionals and essential workers. billion in annual spending on PPE projected by 2027.

Payments 132

Payments Report Company Meeting 132

PYMNTS

MAY 15, 2017

Over the past decade, we’ve seen mobile apps rise to be the go-to item businesses add to their competitive repertoire. The power that chatbots wield in the retail arena is significant. He said, “Chatbots enable retailers to gather more detailed analytics than a traditional eCommerce transaction.

Analytics 170

Analytics Industry Retail Mobile 170

CB Insights

JUNE 7, 2021

In the US, the share of e-commerce relative to total retail sales hit 14% in Q4’20, up from 11.3% For example, Klarna partnered with Marqeta to safely pay online retailers on behalf of its riskier buy now, pay later (BNPL) customers. The partnership expires in 2027 and renews in 2-year terms. Source: Statista .

Cards 73

Cards Innovation Payments Fintech 73