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Blog: Payment Trends

Someone using their phone as a contactless payment method, a top payment trend.

5 Payment Trends Merchants Need to Know in 2020

The payments landscape is evolving because of fintech advances and the ever-shifting sands of consumer habits. From COVID creating an uptick towards contactless payments by customers, to voice commerce on devices like Alexa — here’s five payment trends to watch.…

  • September 21, 2020
A millennial B2B professional making a purchse with a credit card while working from home

The Top Five B2B eCommerce Trends 2020

COVID-19 Isn’t the Only Thing Shaking Up the World of B2B eCommerce B2B ecommerce is growing nine-times faster than all U.S. manufacturing and distributor/wholesaler sales.1 Broad factors are at play above and beyond the impacts of the virus. The growing…

  • September 16, 2020
Blog Header, A woman making an eCommerce Payment

Is Your eCommerce Payments Experience Costing You Sales?

Personalizing Your eCommerce Payments Process Is Key By personalizing your customers' ecommerce payments experience and rethinking key elements of the checkout process, you can optimize sales conversion rates and create a friendlier and easier-to-use experience for your shoppers. One Size…

  • September 1, 2020
A man using local payment methods

Local Payment Methods – Think Locally to Grow Globally

Drive International Success with Local Payments Businesses are no longer limited by physical borders. Understanding customers’ payment preferences and offering local payment methods creates an optimal checkout experience that increases sales. This guide looks at how culture, behavior and available…

  • August 26, 2020
A man amking cross border payments at cafe

Simplify Cross Border Payments to Grow International Sales

The Power of Local Payments In A Global Market eCommerce isn’t just becoming more global, it’s also becoming more local than ever before. Your company’s website is an essential place to both localize the shopping experience and optimize the checkout…

  • August 10, 2020
Woman using local payment methods in India to buy online

Five Local Payment Methods Merchants Need for eCommerce in India

Businesses Need to Accept Local Payment Methods in India to Meet Consumer Preferences To secure a foothold in the $36.5 billion1 Indian ecommerce market, digital commerce leaders need to offer a range of payment options. Even before the offline-to-online shift…

  • July 24, 2020
Most Popular Online Payment Methods in Mexico

The Top Four Local Payment Methods in Mexico

Mexico’s Payment Methods that Local and Cross-Border Merchants Can’t Overlook With 127 million1 inhabitants, Mexico is the 10th most populous country in the world—and many of those people still haven't fully embraced online shopping. But with an annual growth rate…

  • July 21, 2020
India Local Payment Methods

India eCommerce Explorer: Payment Trends and Consumer Insights

India is home to the highest consumer ecommerce growth rate in the world.1 This market has seen explosive adoption of digital money and smartphones over the last five years2 and the Covid-19 pandemic has further accelerated this trend. The government…

  • July 17, 2020
Accept Payments in Mexico

eCommerce Explorer: Mexico Payments Guide

In Mexico, government programs are improving internet connectivity, driving the adoption of digital payment methods and growing smartphone use at the fastest pace in Latin America. While buying habits are shifting quickly, payment preferences are slower to change. A considerable…

  • July 14, 2020
Accept Mobile Payments in the US

The Future of Mobile Payments in the US

Companies that Traditionally Relied on Cards Must Accept Mobile Payments or Risk Being Left Behind US consumers are more eager than ever for merchants to accept mobile payments, ewallets and other alternative payment methods. Merchants that enable customers to pay…

  • June 26, 2020
Shot of Paris for Rapyd's France eCommerce and Payment trends report.

France eCommerce Explorer: People and Payments Guide

France is one of Europe's top online markets for fashion. French consumers favor credit cards, though their preferred payment methods vary based on what they're buying. Any company expanding into France should be prepared to offer all preferred local payment…

  • June 12, 2020
English gentleman with a beard using his smartphone on a busy street.

The Top Payment Methods in the United Kingdom

A Market in Flux Creates Opportunity for Businesses that Quickly Adapt to Changing Consumer Behaviors. Between Brexit and the coronavirus pandemic, the United Kingdom is in a moment of massive economic upheaval. U.K. consumers across Britain, Northern Ireland, Scotland, and…

  • June 10, 2020
Your Guide to eCommerce and Online Payment Trends in the UK Cover Image

United Kingdom eCommerce Explorer: People and Payments Guide

The coronavirus pandemic means we still don't really know for certain how Brexit is affecting ecommerce. However, if what's happening during the COVID-19 pandemic is any indication, ecommerce is alive and growing in the U.K.1 As physical stores shuttered, ecommerce…

  • June 1, 2020
Main blog Image illustrating money flowing around the world to symbolize payouts

Why Global Expansion Requires Global Payout Capabilities

We are entering the fourth industrial revolution1: artificial intelligence, robotics, and connected societies are powering new businesses that leverage the broader opportunities of the diverse, global workforce. Platform, marketplace, and gig-economy business models are taking advantage of workers and supply…

  • April 15, 2020
Cover Image for Indonesia eCommerce Explorer

Indonesia eCommerce Explorer: People and Payments

The island nation of Indonesia is home to more than 200 ethnic groups1. With the world’s fourth-largest population and a GDP of over $1 trillion2, this archipelagic country boasts the biggest economy in Southeast Asia – a region brimming with…

  • April 1, 2020
Cover image of Brazil eCommerce Explorer Blog Post

Brazil eCommerce Explorer: People and Payments

Brazil offers ecommerce leaders lucrative opportunities in the largest eCommerce market in Latin America1. Understanding how Brazilian consumers engage in digital commerce and how they prefer to pay is absolutely vital to capturing and growing business. Online marketplaces, digital goods sellers…

  • March 26, 2020
Cover photo for the blog post.

Germany eCommerce Explorer: People and Payments

Germany can be a challenging market for international ecommerce companies. It’s citizens favor German-made products — due in part to domestic companies' deep cultural understanding of their clientele. Companies looking to enter this market or succeed with cross-border sales need…

  • March 25, 2020
A man has his face scanned by his phone for identity verification.

Top 4 Trends in Identity Verification Over the Next 2 Years

Payment fraud is a global problem. In Europe's single Euro payments area (SEPA), annual losses owing to card fraud are approaching €2 billion. Across the Atlantic, the United States' Federal Trade Commission says it collected 1.4 billion fraud reports in…

  • February 14, 2020

Three Local Payment Trends from APAC’s Booming eCommerce Market

The Asia-Pacific region accounts for nearly two-thirds of global transactions. To successfully tap into this market, ecommerce leaders must look beyond cards and popular ewallets like Alipay and WeChat Pay. “Too often, merchants and retailers enter APAC thinking that offering…

  • January 16, 2020

Grow Sales in Singapore with eWallets

For ecommerce companies, marketplaces, and gig-economy platforms looking to expand in Asia, few countries compete with Singapore's combination of affluent consumers and digital infrastructure.  Digital adoption and usage among Singapore’s citizens and government efforts to transition to a cashless economy…

  • January 16, 2020
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