Social media apps are now as much a sales tool for your eCommerce business as they are a way for users to connect. However, many shoppers are skeptical about social commerce, where the entire shopping and payment experience occurs within the social media platform.
Subscription services haven’t just survived over the past couple of years, they’ve thrived with impressive growth. Our partner Zuora’s Subscription Economy Index (SEI) showcases how both B2B and B2C subscription services experienced sustained growth through the end of 2021.
While payments used to be simply a part of the checkout process, for software platforms, they’re now an opportunity to meet client demand and generate revenue.
Regulations for digital commerce abound and mistakes can be costly. For example, neglecting to meet PSD2 requirements in the European Economic Area prevents your business from being able to process digital payments entirely. GDPR violations can range from €20 million, or $21.
In 2021, more than 80% of Americans used digital payments to make browser-based and in-app purchases, but only 53% of Europeans did, according to Digital Commerce 360.
If you run an online business, it’s not too late to cash in on online Valentine’s Day sales. After all, consumers are expected to increase their online spending, and the biggest spike in traffic is expected in the next couple of days.
Did you realize that reviewing your payment processing statements won’t only help you understand what you’re paying to process payments, but can also reveal ways to improve your payment strategies? While truly understanding your statements can be complex, a quarterly audit is critical to knowing…
No one could have predicted that at the end of 2021 we’d still be in the midst of a pandemic. Consumer and business payment trends that emerged in reaction to lockdowns beginning in 2020 have became mainstays over the course of 2021.
While a new year has many people focusing on their physical health and well-being, it’s also a great time for businesses to focus on their fiscal health. And your payment strategy can play a key role in helping you get your company in shape.