Payment Industry Trends
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Regulation, the biggest game changer in the payments industry

Comments (0) Global Card Processing, International Online Payments, Payment Industry Trends, Payments Regulation

I took part in the Payment Institution Panel during the EPCA event at EPIF’s invitation. We wanted to share some insights with you about the ‘game changers’ in the payments industry. With Michael Wade’s presentation on disruptive innovation in mind, I believe regulations will definitely play a major role in the evolution of payments in coming …...

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Visa Europe asks merchant agents to attest their compliance in online payments arena

Comments (0) Global Acquiring, Global Card Processing, Payment Industry Trends, Payment Service Providers, Payments Regulation

In the international online payments arena, merchants, payments service providers, financial institutions and acquirers are conscious that the environment in which they transact, process payments, and transmit data has become extremely complex, with multiple regulatory and data security requirements to meet. Data security requirements – PCI DSS are enforced by the Card Organizations such as …...

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Mobile Payments: A shifting landscape in which Cash is Mobile

Comments (2) International Online Payments, Mobile Payments and mPOS, Payment Industry Trends

Mobile phones are becoming preferred smart payment devices. 87% of the world owns a mobile phone and according to Gartner Research estimates, sales of smartphones will continue to grow by 75% each year. In 2009, 4.7 Billion people owned a mobile phone; by the end of 2011, this number had reached 6 Billion, an increase …...

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Building human connections in online payments & ecommerce arena

Comments (0) International Online Payments, Payment Industry Trends

We live and work in a technology dominated world, especially in the e-commerce and international online payments arena, we live and work. In this hyper-connected environment there are fewer reasons to have face-to-face dialogues that lead us to genuine human connection and greater insight. Companies, merchants, card holders, customers, and the entire value chain are …...

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Profitable Cross-Border Ecommerce Industries: Online Software

Comments (0) International Online Payments, Payment Industry Trends, Payment Service Providers

The fifth profitable Cross-Border Ecommerce Industry tackled in our white paper is the traditional online software market that suffered the consequences of the growing popularity of SaaS, losing $7 billion in 2009. The total soft­ware market continues to grow to $264 billion in 2011, a market in which cloud computing represented an 8% share. This …...

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Profitable cross-border ecommerce industries: Online gaming

Comments (0) Cross-Border Ecommerce, Payment Industry Trends

Changing business models in a growing market, create exciting opportunities for the card payment industry. The global games market is currently estimated at $68 billion and is dominated by europe (31.3%), north america (30.4%) and apac (28.4%). the number of (paying) gamers which play & pay online is growing explosively. as business models change and …...

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Profitable cross-border ecommerce industries: Online travel

Comments (0) Cross-Border Ecommerce, Payment Industry Trends

According to the World Travel and Tourism Council estimates, the Travel & Hospitality Industry will generate over $15 trillion in revenues by 2017. Travel & Tourism creates 260 million jobs worldwide, making the Travel industry one of the world’s largest industries, accounting for 9% of global GDP. The online travel segment (e-travel) was valued at …...

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Profitable cross-border ecommerce industries: Digital music

Comments (0) Cross-Border Ecommerce, Payment Industry Trends

Since Apple launched its first iPod, back in 2001, a growing number of consumers worldwide turned to digital music. Collecting digital music didn’t require physical storage. It offered users commodity, flexibility and comfort. Apple has been a great driver, digitalizing and transforming the music industry through its devices. Constantly innovating, Apple offered its users the possibility to …...

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Profitable cross-border ecommerce Industries: Online retail

Comments (0) Cross-Border Ecommerce, Payment Industry Trends

In the US, online retail (e-Retail) sales figures are expected to reach $279 billion, in 2015. China currently has 130 million online shoppers, who will transform China into the biggest e-marketplace in the world. Chinese online retail generated $121 billion in 2011, up 66% from 2010. These figures are expected to triple over the next …...

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The Rise of debit cards within the online payments market

Comments (0) Global Acquiring, Global Card Processing, International Online Payments, Payment Industry Trends

Inspired by one of the key findings from the most recent World Payment Report 2012, which refers to the increasing trend in card transactions, we dug deeper into this topic and tried to understand what the future may bring. We talked about the reasons for the positive evolution of debit card payments’ volume and their …...

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