How Merchants Are Leaving Money on the Table

How Merchants Are Leaving Money on the Table

According to a survey by Statista, back in March of 2020, it was found that 88.05 percent of orders initiated online were abandoned. This simply means that the online shopper did not move forward to actually make the final purchase.  For 63% of online shoppers in the United States, the number one reason that they […]

The eCommerce Boom

The eCommerce Boom

As many businesses continue to struggle financially in the midst of the COVID-19 pandemic, there are still difficult decisions that must be made in order to determine their ultimate destiny. Specifically, they must pay close attention to how the pandemic has ultimately changed how consumers shop. E-Commerce, already growing before the viral outbreak, is no […]

Why eCommerce Subscriptions Belong In Your Online Business

Why eCommerce Subscriptions Belong In Your Online Business

If you look around, you will come across many businesses in a variety of industries selling subscriptions of their products or services. This trend is only likely to experience much growth as this strategy has spelled success for those who have adopted this business model. The key is to carry it out appropriately. Once it […]

Wix Combats Money Laundering Threats With Data Analytics

Wix Combats Money Laundering Threats With Data Analytics

According to the Financial Times, transaction laundering has grown to $200 billion in the United States. This sum is expected to experience explosive growth over the next few years. Transaction laundering is the “criminal” use of a lawful merchant payment infrastructure to process illegal transactions.  The verification of a user’s identity and authenticity of their […]

ePayments For The Unbanked Are Thriving

ePayments For The Unbanked Are Thriving

A report produced by PwC Global titled, “Emerging Markets: Driving The Payments Transformation” details how consumers’ needs are driving the revolution in payments within emerging markets.  According to the study, 85% of the global population live in countries known as emerging markets.  Representing one-third of the world’s population, China and India’s 2.5 billion people can […]