Almost All Cross-Border Shoppers Want to Use Local Currency
Global expansion for eCommerce merchants, while offering vast opportunity, remains a complex arena where payment failures and consumer preferences can quickly derail international sales, according to a new report. The “Payments Optimization: Powering Global...
Why Retailers Are Turning to Payments as a Growth Lever
Sales that year were $975,000, PBS’ Frontline reported. It’s a figure that Walmart now makes every 46 seconds, according to a post on social platform X by Ticker Take founder Jon Erlichman. During the past 63 years, few things have remained as constant — and...
Shoppers Down Under Lead the World in Mobile-First Shopping
Consumers in Australia are increasingly mobile-first, frequently reaching for their phones as part of their shopping experience. This goes beyond just making online purchases. The average Australian shopper uses their mobile devices to browse or buy nearly...
70% of Shoppers Prioritize Payment Method Picking Stores
Online businesses are grappling with a pervasive problem that costs them sales: the abandoned shopping cart. A recent report titled “How Preferred Payment Availability Can Reduce Cart Abandonment” by PYMNTS Intelligence sheds light on the challenge faced by...
Retail Brands Risk Losing Billions When Checkouts Fall Short
Global eCommerce players focus on user experience, brand loyalty and speed, but they often overlook payments. No matter how sleek a front-end experience is, a failed or clunky checkout can undo every strategic effort that led to the sale. PYMNTS Intelligence...
Why Cross-Border Consumers Insist on Local Payment Methods
Despite the widespread adoption of digital technologies, merchants are finding that cross-border payment complexities continue to pose hurdles to capturing international sales opportunities. It’s one of the key findings from “How Payments Optimization Can Power...
Tokenization in Europe Nears 50%
When a shopper whips out their credit card to buy something online, they can feel a lingering worry: Will my card number get stolen by hackers or otherwise misused? That’s why tokenization, a process that hides your 16-digit number from a merchant and instead...
The abandonment epidemic is real
The Abandonment Epidemic: 81% of Shoppers Turn Their Backs on Brands The symptoms are unmistakable: plummeting retention rates, spiking customer churn, and brand loyalty flatlining across the US. The recent survey What’s Killing Conversions for Enterprise...
The next generation of checkout: Why retailers must evolve
The retail landscape has entered a pivotal era where seamless, flexible checkout experiences aren’t just appreciated by customers; they’re expected. As digital behaviors accelerate and competition intensifies, merchants must rethink how they engage consumers at...