Month: January 2021

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COVID-19 Payment Trends Are Here to Stay, Says Visa

As we near the one-year anniversary of the pandemic, it’s apparent that the latest payment trends that took place at swift speeds are here to stay. The most common changes businesses are implementing include contactless payments, ‘buy now, pay later’ options, and increased security protection. In short, small and micro businesses need to cater to …

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More Consumers Want to Use Venmo at Retail Stores

Venmo started as a fun way for peers to pay one another, but it’s quickly becoming the payment method of choice at retailers too. Venmo has become a household brand – it’s the brand consumers trust when paying friends and family, and now they want retailers to use it too. While contactless payment options are …

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MasterCard Takes Contactless Payments to the Cloud

The past few months, especially since the pandemic outbreak, saw rapid development in contactless payments. The rising need to accept or adopt the contactless or cashless payment modes was mainly in response to prevent the spread of coronavirus. Nowadays, more advanced and smarter technologies are being deployed across several mobile devices, mostly due to factors …

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Direct-to-Consumer Brands Flourished in 2020, 2021 Looks Even More Promising

The COVID-19 pandemic has been tough for a whole lot of industries, and in fact, some have yet to recover from the hurt inflicted. However, the previous year has unexpectedly accelerated the growth of some sectors, including the direct-to-consumer (D2C) markets. 2020 witnessed a sudden shift in the consumers’ behaviors, preferences, and purchasing patterns, compelling …

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Installment Plans Gain Traction Among Consumers, Predicted to Grow in 2021

The pandemic has been hard on almost all business owners and consumers across the world. With people losing their jobs and expenses rising, millions of consumers have been going through a financial crisis for the last 10-12 months. Such wide economic gaps are compelling buyers to trim their shopping lists and finding better ways to …

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