The Data Point

64% of SMBs Face Delayed Payments
64% of SMBs Face Delayed Payments
October 10, 2024  |  Accounts Payable

Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of...

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70% of Shoppers Say Payment Options Influence Where They Shop Online
70% of Shoppers Say Payment Options Influence Where They Shop Online
October 09, 2024  |  Payment Methods

Retailers continue to grapple with shopping cart abandonment. A February report by PYMNTS Intelligence and Adobe reveals insights that could help online merchants boost conversion...

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56% of US Consumers Experienced a False Payment Decline in Last 90 Days
56% of US Consumers Experienced a False Payment Decline in Last 90 Days
October 08, 2024  |  Payments Innovation

In an era of evolving consumer preferences, merchants face mounting pressure to streamline payment processes. As payment methods diversify and the costs of transaction processing...

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71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024  |  Point of Sale

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS...

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35% of Cardholders Abandon Merchant After a Card Decline
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024  |  Credit Cards

Striking the right balance between seamless payments and strong security is crucial for merchants. As eCommerce continues to flourish, a PYMNTS Intelligence report, “Why Network...

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92% of Small Businesses in Latin America Accept Digital Payments
92% of Small Businesses in Latin America Accept Digital Payments
October 03, 2024  |  Digital Payments

As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting...

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Battle of the Titans: Amazon, Walmart and the Multitrillion-Dollar US Retail Market
Battle of the Titans: Amazon, Walmart and the Multitrillion-Dollar US Retail Market
October 01, 2024  |  Retail

In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and...

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39% of Millennials Say They’ve Used BNPL as a Payment Option in the Last Year
39% of Millennials Say They’ve Used BNPL as a Payment Option in the Last Year
September 30, 2024  |  BNPL

Buy now, pay later (BNPL) has emerged as a compelling payment option, particularly among millennials. This shift presents an opportunity for subscription merchants to enhance...

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72% of Finance Leaders Use AI in Their Operations
72% of Finance Leaders Use AI in Their Operations
September 27, 2024  |  artificial intelligence

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools...

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