A new report from Juniper Research suggests that total ecommerce transactions will reach $4.8 trillion by 2024, up from $3.3 trillion in 2020. This growth will be driven by emerging markets, with China having 62% value growth over the next 4 years.
With the number of ‘social sellers’ – people who sell online through sites like Depop, Ebay or Gumtree – growing fast and with a booming second-hand resale market is expected to reach $51billion in the next five years, there is a growing need for a simple way to pay
Ecommerce, airline ticketing, money transfer and banking services will cumulatively lose more than $200 billion to online payment fraud between 2020 and 2024, driven by the increased sophistication of fraud attempts and the rising number of attack vectors.
58% of consumers identified mobile payments as being the most important shopping-related technology to improve their buying experience with biometric payments/cashier-less stores second (45%) and VR/Augmented Reality (AR) third with 25%
British designer Olivia Rubin, known for her joyful designs in signature colours, has teamed up with payment provider Klarna to add payments to her website and to bring sustainable tuk tuks, tote bags and more to London Fashion Week next between 14 and 17 February
For us in the West, New Year feels like a distant memory. But, while we’re in the midst of ‘Dry Veganuary’, celebrations in China are just about to kick off, says Myles Dawson of Adyen, who has advice on how to win customers from shoppers during Chinese New Year – and beyond