| Aug 24 Payments NEXT newsletter: mobile commerce, contactless payments, voice shopping, ransomware, Walmart e-commerce losses, more… |
| Is it still the summer holidays? You wouldn’t think so by the volume of news this week, and we’ve got global payments news highlights you can really use. First, Comscore looks at how fast e-commerce is moving to mobile. US consumers are slow to embrace mobile and contactless payments for small amounts, and CreditCards.com shows why. Our guest post looks at the state of voice shopping in 2019. The Texas ransomware attacks on 23 Texas towns provide a sobering cyber security message.
The news roundup features quick payments news items from around the globe. Happy reading and enjoy your weekend!
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| | State of Online Retail 2019: Is your mobile mojo working?
The latest research from media analytics company Comscore shows mobile is making solid and sometimes surprising headway when it comes to the share of e-commerce spending conducted on tablets and smartphones. The takeaway is that mobile matters more every year and we’ve got highlights from Comscore’s latest report to prove it to you. Read more… |
| For small payments, will that be cash or debit?
In China and Europe, contactless cards and mobile payments are commonplace, even with small payments. But in the US, cash and debit for small purchases are still king, although there is change on the horizon according to a survey from CreditCards.com. For US consumers, contactless cards, mobile payments and rewards credit cards all still take a back seat. 49% of US adults usually pay cash, 35% use debit cards and 16% pay with credit cards. Read more…
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| State of voice shopping 2019
When we visited the topic of voice-enabled shopping last year, we concluded that brands and businesses looking to take advantage of the new medium would need to do some significant legwork across their ecosystems to promote the capability to customers and have their products appear properly. While that principle continues to hold true today, much of the landscape around voice shopping has changed materially here in 2019. Let’s dive in. Read more... |
| US ransomware attacks rising fast; how to protect your organization
New reports show a fast rise in ransomware attacks across the US. Last Friday, 23 Texas towns were hit in a coordinated attack by what is believed to be a single operator as yet unidentified. This followed earlier attacks in New York, Louisiana, Maryland, and Florida, which resulted in a significant loss, either in ransomware payments to cybercriminals or the cost of downtime, recovery, and repairs from damage caused to the computer systems and data affected. Read more... |
| Payments NEXT – Aug 23: Global payments news roundup
Our global payments news roundup looks at Walmart’s potential $1.7 billion e-commerce loss this year. Then there’s a Barclays report that shows British online shoppers clicked but failed to pick up more than $235 million in merchandise. Miami transit users will be tapping and going with contactless payments. German banking app from N26 launches in the US. Another Barclays report says UK retailers lose more than $22 billion a year from window shoppers “surfing and turfing.” Finally, PayPal-backed, microcredit provider Tala gets $110 million in new VC capital to launch in India. Read more… |
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