March 29, 2017
5 New Insights about Payment in the DACH Region
The ECC Payment Study vol. 21 shows what online merchants need to know about payment to avoid discouraging shoppers. What payment methods are most popular in Germany, Austria and Switzerland with e-commerce customers – and why? What are the payment methods of the future – and how intensively are they currently being used? These were some of the lead questions post...
March 9, 2017
These are the Essential
No cash please, we’re American: Learn more about the main trends on the US payment market! The United States with its 320 million inhabitants is not only one of the largest domestic markets, but also possesses the biggest GDP worldwide and as a result has one of the highest purchasing power index per capita. So there are many good reasons...
Payment Trends in the US
February 10, 2017
Dynamic Fraud Prevention: It’s All About Combining Historic and Real-Time Data
As online fraud becomes more pervasive, merchants need to strengthen their defences against potential cyber thieves – by extending classical risk tools Online commerce has been steadily growing over the past years. Although ecommerce provides merchants with significant gains and consumers with the added comfort of making purchases in a real-time fashion, fraudsters are becoming increasingly sophisticated and more efficient...
January 3, 2017
Malaysia Presents Massive Opportunities for Payments Operators and Retailers
With improvements in card security, strong interest in e-commerce and above 100 per cent mobile phone penetration, the Malaysian payments market is ready to go for rapid development. It can be easy to overlook the Malaysian payments market among its Asia Pacific neighbours. However, the rate of financial inclusion and smartphone penetration are much higher here than in countries like Indonesia and...
August 22, 2016
Here is How Turkey Carries on its Active Role in the Global Payment Market
Characteristics of the payment market in Turkey shows: Payment systems that concern daily life set the basis of big innovations in areas such as retail, food and transportation are paving the road for outstanding developments Radical developments in the field of technology bring digital transformation in almost all sectors. Indeed, finance technologies also go through this revolutionary transformation. Especially the...
June 30, 2016
Romania Has the Fastest-Growing Rate of Card Payments in Europe
Contactless payments, e-commerce and investment in consumer education about financial cards are creating new opportunities for growth in Romania’s payments market. The future of payments is already tangible in some parts of Romania, if you know where to look. Commuters in Bucharest have been able to use their mobile phones to pay for public transportation since 2013, while shoppers at...
April 4, 2016
Online Payments in Germany: Invoicing loses, Pay Pal and Credit Card win
Invoicing is the most popular online payment type in Germany, but as the recent “ECC payment study vol. 20” has revealed, Germans are not as taken with it as they once were. Alternative payment methods such as credit card payments have won ground with consumers Online retailers currently offer their customers an average of 5.3 payment options. This was one...
March 8, 2016
A Closer Look at the Reasons behind Poland’s Successful E-Commerce Market
Poland has one of the strongest e-commerce markets in Europe. The biggest reason for this is consumer confidence. Poland is, in terms of population, one of the largest countries in Europe and is currently experiencing enormous growth in e-commerce: Online retail is on the rise, driven by consumer confidence and increasing online shopper penetration, reaffirms a report by Business Wire....
February 10, 2016
PSD2: New Year, New Payments Regulation, New Opportunities
PSD2 was approved by the European Parliament on 16th November 2015, and came into force last week. The first countries expected to ‘transpose’ PSD2 will be the UK, Bulgaria, Denmark, Germany, Austria and France. Mondato expects Poland and Iceland to be among the last. The directive is exciting for the mobile content and commerce community because it gives them a...
November 26, 2015
How Mobile Purchases are Proving to be Beneficial for Many Retailers
M-commerce is changing the way customers shop, both online and in stores. That’s good news for retailers Data doesn’t lie: More and more customers landing on e-commerce sites are getting there via smartphones and tablets. In the third quarter of 2015, about 50 percent of e-commerce traffic came from mobile devices, while in the first quarter of 2014 that number...