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Blog: Payment Trends

A Developer Discussing Fintech APIs

Why APIs Are the Future of Fintech Innovation

Learn why fintech APIs are driving an explosion of new business models, and how you can leverage APIs to power innovation. Fintech APIs (application programming interfaces) are transforming an industry historically resistant to change. Their increasing adoption and use throughout…

  • May 4, 2021
Best Practices for B2B eCommerce

17 Indispensable Best Practices for B2B eCommerce

B2B ecommerce owners are finding that digital commerce is just as critical or even more critical to them than to B2C companies. Today’s B2B buyers are more likely to educate themselves, find solutions and buy online. The global B2B eCommerce market…

  • April 30, 2021
Payment Solution in APAC

APAC’s Top Payment Methods in 2021

Unlock the full potential of these 8 APAC nations by understanding consumers’ preferred payment methods. This post covers payments and e-commerce insights in: India Indonesia Japan Malaysia Singapore South Korea Taiwan Thailand Southeast Asia has emerged as the roaring lion…

  • April 23, 2021

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Malaysia Payment Methods Header: Petronas Towers

Malaysia’s Most Popular Payment Methods to Grow Online Sales

Online payment methods in Malaysia: an emerging market poised for growth. Malaysia is a hot destination for businesses looking to expand to emerging markets. Malaysia is seeing GDP growth that is both high and relatively consistent when compared with other…

  • March 23, 2021
Two women use a payment orchestration platform

Payment Orchestration Platforms Explained

Here's what payment pros need to know and how payment orchestration can benefit you. Payment orchestration platforms (POPs) provide a single technical framework that triggers, directs and validates all transactions between merchants, customers and payment providers. Payment orchestration covers every…

  • March 18, 2021
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…

  • March 2, 2021
Thailand Payment Methods by Jimmy Teoh Pexels

The Most Popular Thailand Payment Methods

Thailand is on the verge of an ecommerce boom – are you ready to capitalize on it? Thailand is a lucrative and exciting market, with a tech-savvy and mobile-first population. Despite ecommerce sales only making up 2% of total retail…

  • February 24, 2021
Woman getting a package on the mail from a subscription payment business.

4 Examples of Successful Subscription Payment Models

Here's how to expand your business with subscription-based, recurring payment models. As technology evolves, so do the ways consumers access content. People are no longer limited to one-time purchases; we now have more opportunities to partake of recurring, subscription-based goods…

  • February 5, 2021
B2B eCommerce Trends on post-it notes

The 5 Most Important B2B eCommerce Trends for 2021

What you need to know to thrive in the world of B2B ecommerce. 2020 made it very obvious that having the tools and capabilities to sell online is essential for businesses regardless of if they are B2B or B2C. These…

  • February 4, 2021
Chargeback Fraud: Woman's hands holding credit card and typing

6 Ways to Protect Your Business from Chargeback Fraud

Chargeback fraud is growing. here’s how to protect your business. What Is a Chargeback? Chargebacks happen when a purchase is reversed and a consumer gets their money back because of a dispute initiated with their card company. Originally, the concept…

  • February 3, 2021
eCommerce Trends

Four eCommerce Trends Global Sellers Need to Know in 2021

How ecommerce payments will change in 2021. Starting an ecommerce company has never been easier thanks to ecommerce platforms like Shopify, WooCommerce, and Wix. Companies and entrepreneurs can now build their online stores in a matter of hours. At the…

  • January 20, 2021
LATAM Market

Create Rewards Programs that Work for the LATAM Market

Adjust existing rewards programs and learn how to create new programs that succeed in the Latin American market. As payment method trends in the LATAM Market continue to evolve toward mobile money and contactless payments, trying to impose the old…

  • January 14, 2021
Rapyd at the Singapore Fintech Festival 2020

Rapyd Recap: Singapore FinTech Festival 2020

Check Out Interviews and Insights from the Singapore FinTech Festival The 2020 Singapore FinTech Festival grew into a global phenomenon, with 40+ events in Fintech Hubs around the world and 5 days of 24/7 online engagement. Rapyd was proud to…

  • January 12, 2021
IoT and Payments

3 Ways the IoT and Payments Are Revolutionizing Commerce

Prepare for the coming wave of internet of things enabled payments. The IoT (internet of things) sector is growing by 15% every year, according to payments and banking analysts (Mercator Advisory Group). There are now more connected devices, like fridges,…

  • December 29, 2020
Progressive Web App Examples

6 Progressive Web App Examples To Inspire You (with Pictures)

Inspiring ways businesses are using PWAs to reach and engage users. Mobile websites are fast, easy and inexpensive to produce, however, the user experience is not as good as that of a mobile app. Developing and maintaining a mobile app…

  • December 28, 2020
Oxxo Mexico Cash Payment Alternatives

Alternatives to Oxxo Mexico Cash Payments

eCommerce Merchants Need Cash Acceptance beyond Oxxo Payments at More Convenient Locations Only 37 percent of Mexicans have a bank account. (Center for Global Development et al.) With ecommerce surging in popularity, partially due to the COVID-19 pandemic, the ability…

  • November 10, 2020
Someone using their phone as a contactless payment method, a top payment trend.

5 Payment Trends Merchants Need to Know

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
Your Guide to eCommerce and Online Payment Trends in the UK Cover Image

United Kingdom eCommerce Explorer: People and Payments Guide

Ecommerce is alive and growing in the U.K.1 Even as physical stores shuttered during the pandemic, ecommerce has gone on to take its largest-ever share of retail spending—22.3% of all sales, according to trade magazine Internet Retailing (1). The U.K.…

  • 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

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

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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