Mastercard (NYSE: MA), is a technology company in the global payments industry. Mastercard’s global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The company products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.
Mastercard surveyed more than 12,000 consumers in 11 markets including the UAE, US, Poland, China, Brazil, Indonesia, Hong Kong, France, Germany, Australia and the UK. The findings showed that the technology and shopping options that are changing retail economics are being embraced by omnishoppers who are more likely to adopt new technologies. Find out more …
A payment gateway refers to the software that processes online payments, such as credit card processors and digital wallets. E-commerce platforms like BigCommerce incorporate payment gateways into their systems to provide a way to collect payments online. “Payment method” refers to the choices provided to shoppers at checkout. For example, the option to pay with …
The payments industry is no exception, and with new innovations of AI and biometrics, the digital transformation is well underway, card payments are still prevalent in the USA. Take a glance at the allowed payments by the government & businesses in the USA: 63% of the USA businesses are accepting non-cash transactions, while 48% are accepting alternative payments. 38% …
Digital buyers worldwide are turning to social networks for a variety of things, like reading reviews and staying on the top of fashion trends. Social media activities such as viewing ads, staying on top of current fashion and product trends, as well as purchasing products directly via a social channel also influenced digital shopping behavior. …
The new digital era has witnessed a revolution in payments, transforming both how consumers make purchases as well as the opportunities available to retailers. In the same context, E-Wallets and other smartphone methods of payment are gaining market share year-over-year, but in all markets, card and bank transfers are still hugely popular. Read the below …
57% of European online shoppers prefer to use online banking payment when making online purchases from a PC or laptop. 35% of European online shoppers also prefer cards and online banking when making online purchases from mobiles such as online banking apps. It worth to be mentioned that, Greece (47%), Netherlands (44%) and Norway (43%) …