RE: EPIC PERFORMANCE TODAY!!!!15 Nov 2023 10:31
Very generic but.......
e-wallets
Globally, these wallets accounted for a 49% share of e-commerce spending, accounting for $18tn in consumer spending. Digital wallet use globally is expected to increase 15% at POS and 12% for online transactions through to 2026. The report predicted that by then, digital wallets will account for 54% of online payments and 43% of PIS payments.
Pete Wickes, general manager for EMEA at Worldpay Merchant Solutions at FIS, said that while the threat of a global economic slowdown may have hampered consumer spending, e-commerce continued to grow last year.
“Innovation in payment solutions is running at a hot pace right now, greatly improving the experience for customers, reducing headaches for merchants and unlocking new avenues for growth,” he said. “Meeting consumer demand for advanced payments features now can help businesses thrive through economic troubles, while potentially gaining market share from competitors.”