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Is Black Friday Still a Key E-Commerce Event? - PayU Global

Despite conservative industry predictions driven by inflation-related concerns, economic uncertainty and soaring fuel prices, this year’s Black Friday edition revealed surprising results, with numbers well surpassing previous years. This once again confirms higher confidence among consumers in online shopping, coupled with increased interest in one of the most important shopping events of the year. Read more to find out how this year’s Black Friday edition looked like in top growing countries a

How to boost approval rates in emerging markets - PayU Global

PayU and Oriflame: How PayU’s global payment solution helps Oriflame drive success in emerging markets and beyond Founded in Sweden in 1967, Oriflame is a social selling beauty company with market operations in over 60 countries and a diverse portfolio of nature-inspired, innovative beauty and wellness products sold and marketed through approximately 3 million Oriflame brand partners. In over half of the company’s global markets, Oriflame is the market leader. As one of the leading companies in

Which Online Payment Methods Should SMBs Offer? - PayU Global

Why expanding your online payment capabilities is a smart move – no matter the size of your business Many small businesses can get by initially by using the payment functionality available in the e-commerce platform used to build and manage their online store. But while this option tends to work out okay for companies just getting off the ground, as business grows payments inevitably become more complicated. New providers must be onboarded in order to process payments in some new markets. Other

Global Business Guide: Fashion E-Commerce - PayU Global

Fashion e-commerce: Industry insights and expansion opportunities Industry outlook Let’s start with some general insights into the fashion e-commerce sector: it’s the largest B2C e-commerce market segment, with a global size estimated at $752.5 billion in 2020. Experts predict that it will grow further at +9% per year and reach a total market size of $1,164.7 billion by the end of 2025. PayU’s own research confirms this rapid pace of growth. According to data from our Next Frontier report, fashi

8 Trends Shaping Global Payments in 2022 | PayU Global

1. Buy Now, Pay Later (BNPL) Buy Now, Pay Later (BNPL) continues to redefine how consumers make financial decisions at checkout. By allowing the customer to spread payments over a defined period of time, BNPL provides an alternative to traditional credit card payment models. This has forced banks to develop their own BNPL products or partner with providers to maintain existing customer relationships. It’s easy to see why BNPL is an attractive model for consumers. ​​After making an upfront paymen

Asia Global Payment Summit - Special Report

The 2019 edition of the Asia Global Payment Summit visited Indonesia for the first time in its 8-year history and brought together over 150 payment professionals at the Sofitel, Nusa Dua, Bali on October 10- 11th. The theme for this year’s event was Aligning Real-Time Payments In Asia: Towards Seamless Interoperability. The goal was to put the spotlight on this vast and complex market, often seen as hard to access by many. Issues such as Financial Inclusion for the millions of people in the remote parts of the archipelago were to be examined in the context of some of the initiatives taken by both the Central Bank and retail banks, and also to compare the developments in local FinTech and the wider APAC region.

Europe Global Payments Summit 2019 - Special Report

Biometric, contactless or app-based payments have driven new consumer-centric business opportunities, mostly in the digital ecosystem but also in the physical retail space. With all of this innovation, regulators around the world have developed frameworks to create a safe and secure transactional context in which latest solutions may develop and flourish in tandem with the use of cash. This situation has raised a plethora of concerns focusing, among other aspects, on whether major regulatory frameworks like GDPR are truly effective or how relevant cash is in a more digital society. These aspects were given prime consideration at the 2019 edition of the European Payments Summit, which took place in The Hague on 25-26 April, and were often related to another major topic revolving around risk management and mitigation in the context of digital identity and security.

Paczkomaty InPost - a Pragmatic Take on the Innovation Story

In today`s hyper-connected, hyper-digitized world, innovation and convenience have become highly debated terms. Let`s take the delivery process for online purchases for example, which has come a long way since the early ages of eCommerce. Gone are the days when, in all the hoopla surrounding not only the digital transformation, but also innovation in payments and eCommerce, the delivery/ shipping element was often neglected, or simply considered a necessary, yet unchanging utility, always in the background. How things have changed! Enter Paczkomaty InPost (InPost Parcel Lockers), a service which has already conquered over 22 markets and is still on an expansion spree.
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