All Articles Tagged With "Payment Methods"

Middle East retailer saves US$5.6m thanks to new payments strategy

A retail operator identified the opportunity to streamline its payments processes, which were heavily reliant on cash.

by EDC Team | Oct 21, 2022

The Impact of COVID-19 on Consumer and Merchant Behaviour

The recent outbreak of COVID-19, more commonly known by its family name – Coronavirus, has been the main topic of discussion across the globe. It has and will have long-term socio-economic impacts across the globe.

by Davide Villa | Apr 06, 2020

2 mins read

Is voice commerce the next big thing in retail?

We have already seen that e-commerce changed the way consumers find and buy products and m-commerce brought that functionality to consumers via the smartphone or tablet. Both e-commerce and m-commerce have demonstrated strong growth as consumers become more comfortable with these channels and sale volumes increase for merchants.

by Mark Beresford | Oct 31, 2019

5 mins read

Achieving Development Targets – Role of National Payment Schemes

The world is getting smaller. In terms of reach at least. Thanks to the internet, cross-border commerce is growing fast and international payments are a whole lot easier and cheaper than they used to be.

by Samee Zafar | Jul 04, 2019

3 mins read

Reducing Cost of Payment Acceptance in a Complex Environment

As the retailing landscape continues to grow more complex and consumer expectations are higher, multichannel retailers must adopt a quite a new approach to accepting and processing payments. In many markets, consumers have choices and preferences on which forms of payment they use to pay for retailer products and are adopting new methods to exchange value.

by Mark Beresford | Mar 01, 2019

10 mins read

Subscription Economy – General and Regulatory Aspects

Recurring or subscription payments are not new in the financial services industry. For instance, standing orders and direct debits are recurring payments. Direct debit payments are processed through the Automated Clearing House (ACH) network in the US and, across Europe, through the equivalent clearing houses at a country level.

by Mark Beresford | Mar 20, 2019

3 mins read

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