July 31, 2019
Payment Innovations: A Journey Through the Evolution of Payments from Yesterday to Tomorrow
So many payment innovations - like paying by smartwatch or fingerprint - have become almost so self-evident today that it is all the more fascinating to look back through the history of innovation in payments and see what we can learn about its likely path in the near future and beyond. As with any great innovation or invention, each stage...
July 12, 2019
3D-Secure 2 – Everything Merchants need to Know about the Improved Security Process
Every online merchant knows secure online payments are essential for successful e-commerce. To further enhance security, new methods of card and user authentication have become imperative under the European payment directive PSD2. Important changes in the area of online payments are coming soon – good news for online merchants, as the new so-called 3-D Secure 2 standard will soon enable...
March 25, 2019
Exclusive Insights: In E-Commerce, Local Relationships Are Key to Global Wins – 5 Tips for Success
In this blog post, we unpack our findings from The Cross-Border eCommerce Opportunity, a commissioned study by Forrester Consulting on behalf of Wirecard North America, and give you 5 tips for taking your e-commerce business global. History lesson: The first ever online purchase (arguably) was completed in August 1994. Tech entrepreneur Dan Kohn sold a Sting CD to a friend in...
December 21, 2018
Overcoming Borders: How US Consumers Are Crushing the International E-Commerce Game
The results of Wirecard’s third Consumer Insights Survey are in, and US consumers have declared the world an open shopping market. And here, many of the cardinal rules of e-commerce, such as fast shipping and free returns, just don’t apply. Click here to download our Wirecard report "Retail Payments 2019" for free, which summerizes all findings of the survey In...
November 22, 2018
Why Unified Commerce is Mandatory Worldwide – and 5 More Top Findings from the Wirecard Holiday Shopping Report
The results are in! Our recently published International Holiday Shopping Report provides some exclusive insights about international shopping behavior. By surveying more than 3000 consumers in seven key markets across a broad spectrum of demographics, we’re able to reveal unique insights into what matters most to shoppers. The results show which holiday shopping events are quickly rising in prominence and...
November 9, 2018
Wirecard Survey: Among US Shoppers, Convenience is King
US shoppers are ready to use a wealth of resources if it means finding a better deal or making their shopping experience faster and more convenient. Understanding how to create their own integrated mobile / eCommerce / in-store experience can help retailers stay a step ahead. For our second Consumer Insights Survey of 2018, we zoomed in on how consumers...
September 4, 2018
6 Reasons why Singapore is the Hidden Champion for E-Commerce
The e-commerce market in Singapore has the best chances to continue its current success story in the future, with smartphones being the preferred device for ordering online – no wonder mobile payment has more than doubled since 2013 and e-wallets are very widespread. "We can together become Singapore unlimited. Unlimited by our geography, unlimited by our size, unlimited by our...
July 30, 2018
Voice Commerce: Just Another Step in the Disappearance of the User Interface
We are currently seeing rapid development in commerce – some refer to it as “omnichannel”. However, I am convinced that consumers do not categorize in “channels” when buying, or do you remember the situation when you lastly decided to “choose another channel” on your last shopping trip? I don’t. In this article, I’d like to emphasize a technical aspect that...
July 16, 2018
Wirecard Study: The 5 Big Lessons We Learned from US Shoppers
Where do customers prefer to shop – online or in-store? Do they want to see robots in stationary retail? What are consumers buying when using voice commerce? In retail we know how important it is to keep tabs on consumers’ payment preferences and shopping habits – and how difficult a task that can be, with technology, tools, and tastes constantly...
April 25, 2018
Customer Centricity in Digital Retail: Making Customers Kings Again
By Sabine Risse, ECC / IFH Köln “The customer is king” – this is a saying that everyone has heard at some time or other. However, what does that actually mean in practise? Nowadays, the customer is more than ever the focal point of absolutely every company’s strategic orientation. Especially digitalisation of – both stationary and online – retail and...