article thumbnail

FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows. That’s because the payment rails and infrastructure likely already exist for sellers that accept card, ACH and other electronic payment methods from their individual customers.

article thumbnail

PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. through 2028. Ria’s network includes approximately 355,000 global agents. PayPal, also recently closed its deal with Synchrony , in which it acquired $7.6 billion in receivables from PayPal.

US 178
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here’s How to Become More Than the Branch Next Door

Gonzobanker

We’re gearing up for Smarter Bank LIVE , and your 325+ RSVP responses to our upcoming online event make one thing clear: You want your bank to become more than the branch next door. According to Cornerstone Advisors research, 47% of consumer checking accounts opened in 2023 are at fintech companies or online banks (not traditional banks).

How To 109
article thumbnail

PayPal Closes On Its Deal With Synchrony

PYMNTS

With the completion of the deal, PayPal said it and Synchrony have extended their co-branded consumer credit card program agreement to make Synchrony the exclusive issuer of PayPal’s consumer financing program online in the U.S. through 2028. “We’re pleased that we’ve completed the sale of our U.S.

article thumbnail

The Changing Omnichannel Expectations Of Consumers

PYMNTS

To that end, Home Depot has been installing lockers in many of its locations to allow customers who place online orders to easily pick up their merchandise at the store. Approximately 48 percent of American consumers expect their online orders to be delivered faster in 2018 than they did in 2016, according to the PYMNTS Omni Usage Report.

Dallas 106
article thumbnail

Who’ll Win When Facebook Advertisers Flee?

PYMNTS

Analysts have estimated the value of Amazon’s ad business, in revenue , to be between $5 billion and $18 billion today, while others say it could be worth as much as $50 billion by 2028. And, now, thanks to Alexa, consumers can also order things across a slew of connected devices and mobile apps.

Google 123