Consumer spending on subscription applications in the United States grew by over 25% in 2020 over the previous year, says new yStats.com market report: “North America Subscriptions & Recurring Payments Market 2021”.   During the onset of the pandemic, consumers worldwide, and in the United States especially, realized the benefits…

Security measures are becoming more important worldwide with the acceleration of digital payments. In fact, the number of those who will be confirming transactions with voice recognition is forecasted to grow at a CAGR of nearly 45% between 2020 and 2025. Read more about the alternative payment market worldwide amid…

“Digital wallet” was the leading alternative online payment method in Indonesia, while “credit card” was the least popular, as of the first half of 2020. Read more about the alternative payment market worldwide amid and post-COVID-19 in the new yStats.com publication “Global Alternative Payment Methods 2021 Post COVID-19”.   With…

The COVID-19 health crisis significantly transformed the payment world in 2020 and led to some major consequences that include changed consumer shopping behavior, the way businesses now operate and new governments’ regulations. Many countries worldwide witnessed an extensive acceleration of mobile payments. The increase in the number of mobile payments…

The online payment market in Latin America was profoundly impacted by the COVID-19 health crisis in 2020.   With the governmental restrictions imposed in 2020, businesses and consumers started adopting new ways of paying. Namely, mobile payments gained momentum in the region, with regional B2C E-Commerce leader Mercado Libre reporting…