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COVID-19 Impact on Global B2B Payment Market and Trends 2021

By Mira Bocti
July 5, 2021
Blog, Blog
No Comments

During COVID-19, bank wire transfers, bank debit and cheques continued to be the go-to payment choice for B2B companies worldwide. For B2B companies worldwide. Specifically for E-Commerce, however, businesses preferred credit cards, terms (30-60-90), and mobile wallets. The fact that the digitalization of business-to-business payments is important was understood…

Consumers Worldwide Turn to E-Commerce During the Coronavirus Pandemic

By General Admin
March 30, 2020
B2C E-Commerce, Blog, Blog, COVID-19, Online Payment
No Comments

Online Orders for Groceries and Other Essential Survival Goods Spike Amid COVID-19 As citizens are requested or in some cases ordered to stay at home in localities around the world because of the coronavirus pandemic, they turn to online shopping to stock their pantries. In some European nations that had…

High E-Commerce growth potential in the Middle East

Online retail sales in the Middle East projected to rise two-fold by 2022 The B2C E-Commerce sector in the Middle East is on the growth path. Between 2018 and 2022, online retail sales in this region are projected to more than double. What are the drivers behind this growth trend…

Asia-Pacific’s emerging markets surpass advanced markets in mobile wallet usage

Asia-Pacific is the leading global region with regard to mobile wallets Mobile payments have taken Asia-Pacific by storm, with nearly half of the region’s smartphone users having used proximity mobile payments in 2018. This payment method has proven successful among consumers across the subregions ranging from East Asia to Oceania…

Out with the old, in with the new: Alternative payment means take a serious share of the online payments market

Alternative payment methods on the conquering path Now having a slim majority with regard to global E-Commerce sales, alternative payment means are combating traditional card companies around the globe. Of these means, E-Wallets such as PayPal and Alipay are on top. The growth of the relative share of transaction value…

North America trusts plastic: card payments maintain popularity

Cards in North America hold strong North America, the birthplace of credit cards, still believes that they are the best way to pay online. Whether it’s stored on file or manually entered, the region’s preference lies in plastic. Storing cards on file with E-Commerce websites increases in popularity, used in…

online payment methods in middle east and africa 2017

Payment security concerns still holding up E-Commerce growth in the Middle East

E-Commerce in the Middle East is growing fast The Middle Eastern E-Commerce market is one of the fastest growing E-Commerce markets in the world. More and more people are adopting to modern payment methods, such as Debit Card, Credit Card, and Mobile Money Accounts. The Middle East still remains a…

Mobile Payments have potential in Latin America

Payment innovation on the up-and-up in Latin America The Latin American online payments atmosphere is due for some innovation. Over the past couple of years, local alternative payment methods have emerged and have gained quite a bit of notoriety. With that being stated, plastic still reigns in the region and…

Advanced online payment markets moving cashless in Asia-Pacific

Asia-Pacific is the leading global region in mobile payments Asia-Pacific is known to be the most advanced market for mobile payment, with over half of all smartphone users in the region making mobile payments. Several countries in the region have become world leaders in payment technology adoption and the ones…

online payment methods latin america 2017

Intense Competition among Payment Methods in Europe

Credit/Debit Cards struggle to stay on top Competition is fierce among payment methods in Europe, with technological innovations empowering alternatives. Although slightly under half of European E-Commerce transactions are paid by card, in many countries, digital wallets and local payment methods are preferred over credit/debit cards when purchasing from online…

COVID-19 Impact on Global B2B Payment Market and Trends 2021

Consumers Worldwide Turn to E-Commerce During the Coronavirus Pandemic

High E-Commerce growth potential in the Middle East

Asia-Pacific’s emerging markets surpass advanced markets in mobile wallet usage

Out with the old, in with the new: Alternative payment means take a serious share of the online payments market

North America trusts plastic: card payments maintain popularity

Payment security concerns still holding up E-Commerce growth in the Middle East

Mobile Payments have potential in Latin America

Advanced online payment markets moving cashless in Asia-Pacific

Intense Competition among Payment Methods in Europe

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