March 19, 2019
6 Reasons Why the Countries of CEE have become Digital Power Houses
When people think of Europe, many wrongly imagine an invisible border on the eastern edge of Germany, Austria and Italy. However, they do so at their cost. The emerging economies in Central and Eastern Europe (CEE) are now the fourth largest e-commerce market in the world; bigger than both Latin America and the Middle East. Having gone through a rapid...
March 7, 2019
Electronic Shelf Labels: 5 Ways They Make Life Easier for Retailers – and Customers Happier
Electronic shelf labels (ESLs) allow retailers to capture the same digital magic that has made e-commerce and m-commerce so successful, while also retaining the unique value that only physical stores can offer. Learn more about the five ways ESLs help brick-and-mortar retailers digitalize their business. E-commerce is big, but stationary retail is still number 1, and for good reason Globally,...
February 8, 2019
#pex19: How to make a Light Bulb from a Candle – Learnings from the Payment Exchange
What are the topics, challenges and trends that currently occupy the payment industry – and what are the experts’ answers? These are precisely the questions that this blog regularly deals with. However, to get the bigger picture, the Payment Exchange, or PEX for short, is the place to be. Not long ago, PEX took place in Berlin and was organized...
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...
May 24, 2018
Why Payment Is the New Key to the Customer
Consumers wish for added value during the payment process. A new generation of successful loyalty apps with a payment function are the best example: They offer a seamless payment experience combined with intelligent features providing added value. Let’s be honest: Everyone loves shopping, but nobody really likes to pay. But have you ever tried user-friendly and innovative payment solutions that...
April 19, 2018
Chris Skinner in Interview: “Cash Is Not a Good Payment System – We Need to Get Rid of It, and We Will”
In digital times, how can you make your business future-proof? Why are mobile payment adoption rates of some African or Asian countries today ahead of those of America or some European countries? When will our world be cashless? At Wirecard, we are working on answers and solutions to theses questions on a daily basis. Recently, we had the occasion to...
March 14, 2018
6 Surprising Facts about Payment in Asia You Should Know
Did you know which nation is the fastest-growing mobile commerce market worldwide? In which country mobile payment is most widespread? And which mobile payment app has more users in only one Asian country than there are EU citizens? Here are six current facts about payment in Asia that you should know – and that might surprise you! 1. Asian emerging...
February 9, 2018
The 6 Payment Megatrends – #5:
How do you receive your salary? By a transfer to your bank account? If your answer is “yes, of course,” then quite likely you’re from a high-income OECD country. But what about the other regions of the world where people often don’t have a bank account or lack access to financial services? In this article, which is the 5th of...
November 30, 2017
4 Ways to Turn Holiday Shoppers into Return Customers
Merchants rejoice, it’s that time again: retail’s biggest quarter of the year! The National Retail Federation reports that U.S. sales totaled $658.3 billion in November and December 2016, $122.9 billion of which was spent online. And for this year’s holiday season, Forrester predicts a rise of up to 12%. It’s not news that the retail industry is in the middle...
October 23, 2017
Has 2017 been the Year of the Mobile Wallet?
Earlier this year, we celebrated the first decade of the iPhone. Its arrival in 2007 ushered in the smart phone era and with it, a remarkable avalanche of personalized technology innovations. Today, smart phones are ubiquitous. We relish bringing everything to the small(ish) screen in the palm of our hands: Twitter, Instagram, News, Business Email – at least until Slack...