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Coming off a year of digital transformation triggered by the pandemic, Adam Coyle, CEO of Digital River, believes that the next wave of transformation will come from the back office. eCommerce is inherently and unstoppably global, and the next transformation will be making the
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stanley nz al marketplace efficient, much in the same way that big players like Amazon have brought efficiency to domestic markets, says Coyle in聽The Connected Economys Power Source 鈥?CEO Edition.The eCommerce market has already embraced the idea that payments are an integral part of the consumer buying experience. Since the early days of PayPal and other payment experience innovators, weve seen 鈥?and will continue to see 鈥?innovation in this area. However, I believe the next transf
stanley cup ormation in payments will come not from the consumer-facing side, but from the back office, where increasing transactional efficiency will enable any business to sell globally through a direct-to-consumer D2C channel.The continued integration of payments with other transactional workflows 鈥?taxes, fraud and compliance, to name a few 鈥?will simplify the complexities of global trade and make it possible for businesses of all sizes to sell globally, and profitably, while delivering the same high-quality experience customers have grown to expect in their domestic markets.Thats not to say that localization of the consumer experience is not important. When a shopper comes to an eCommerce website, they want an experience th Ghvl Grubhub CEO Contends Richer Offer Won Out
According to the latest data from Visa Europe, one in five in-person card transactions are now being made with a contactless card. That translates to roughly 3 billion tap-and-pay transactions in Europe over the course of the last 12 months, tripling levels from a year ago.The value of those swipes-turned-taps has also been on the rise of late; the 360 mil
kubki stanley lion or so uses of contactless cards in April showed a 12 percent uptick in value. Notably, this grows the average value of a swipe to ~$15.75.The data indicates that much of the push comes as ever
stanley france yday spend merchants are increasingly incorporating contactless terminals into checkout. Food purchases at restaurants have seen the biggest growth 鈥?153 percent year over year 鈥?followed by general retail 146 percent , supermarkets 119 percent and QSR spending 96 percent .The heaviest use of contactless cards is in the U.K., where growth was in the 300 percent range, followed by Poland and Spain.This kind of success hasnt happened overnight, and its down to the sterling efforts across many teams at Visa and the wider payment industry making todays achievement possible, while setting the stage for tomorrows technology, including ne
stanley cup w wearable devices and mobile payment services, noted聽Tristan Kirchner, executive director of product management at Visa Europe.Visa report also noted that the addition of Apple Pay and Barclaycards bPay to the marketplace have further encouraged both merchants and
