APAC Cart Abandonment Rises Absent Localized Payments
At a time when cross-border sales are increasingly being targeted as a key growth opportunity for online merchants, new cart abandonment statistics show that expanding into Asia’s fast-growing economies is no easy task. Even so, for businesses that do decide to...
Bolt, Wyre Scrap Merger, Remain Partners
Payments FinTech Bolt Financial and crypto startup Wyre Payments are remaining business partners but have decided to scrap the $1.5 billion merger plans announced in April. “Bolt remains a strong believer in crypto and a supporter of Wyre,” Bolt CEO Maju...
Offering APAC Customers Local Payment Options Could Cut e-Commerce Cart Abandonment by Half, Say Western Global Merchants
SANTA CLARA, Calif.--(BUSINESS WIRE)--Citcon Inc., the leading payment provider enabling global commerce at scale, today reported results of a new global survey of 500 leading merchants in the United States, Canada and the United Kingdom revealing the...
Bolt cans $1.5bn Wyre acquisition
Online checkout company Bolt has pulled the plug on its $1.5 billion deal to buy blockchain infrastructure provider Wyre. Bolt announced the acquisition in April, touting its plan to integrate Wyre's APIs, which enable simple and secure crypto to...
Revolut unveils online checkout feature
Fintech superapp Revolut is taking on PayPal with its own one-click payment checkout feature for online purchases. UK and EEA merchants can now present ‘Revolut Pay’ as a payment method - alongside the likes of PayPal and Apple Pay - across product,...
Merchants Rev up the Checkout Checklist
They say you never get a second chance to make a first impression. It’s a statement that is especially true for retailers and merchants, we’d add, who also often face the inverse reality since they also never get a second chance to make a last impression. In...
Bolt partners with Revolve and reveals Checkout Links
US-based checkout technology company Bolt has partnered with fashion retailer Revolve in order to launch a one-link checkout experience for shoppers. The new one-link service is called Checkout Links, and it represents a solution for retailers to enable their...
The 10 Features Customers Demand at Checkout
For eTailers, the checkout experience is decisive in building customer loyalty: New research by PYMNTS shows that 91% of consumers feel a satisfying checkout experience has a substantive impact on their willingness to shop with a merchant again. Merchants that...
Australia Reinvents Digital Retail Down Under
As the land that gave us buy now, pay later (BNPL), it’s hard to picture Australia as a laggard in digital transformation, but merchants and payments partners there still have dots to connect. In “The 2022 Global Digital Shopping Playbook: Australia Edition,” a...
