Pre-pandemic, the preferred payment alternatives among US customers were somewhat predictable. According to the Fed Reserve Bank of Atlanta, the most noticeable trends from 2018 to 2019 were a surge in online bill payments and a persistent drop in cash payments. Based on a countrywide representative survey poll of almost 3,400 clients, the average monthly… Read More »Will Customers Return to Their Usual Payment Habits Post-Corona?
No doubt, the Coronavirus has disrupted our lifestyles and changed how we do many things. For instance, the payment space has experienced sudden alterations like reduced cash usage and growth in eCommerce shopping. For instance, surveys show 40 percent of customers say moving forward, they will buy items online more than they do instore. Shopping… Read More »How The Novel Coronavirus is Impacting Payment Trends?
eBay and PayPal had a significant payment agreement in 2015 which is about to expire. In the past, PayPal has been the chief payment processor for the Ecommerce firm—for several years. And merchants are raising concerns about how payment processing will happen in the future. eBay estimates that more than 31,000 traders are currently utilizing… Read More »Ebay’s Payments Partnership with PayPal on its Dying Embers: What Next for Merchants?
