Retail Trends: Global Payment Methods in Retail

Published by Global Data on 23rd July 2019 | Ref: 1461231 | This Product Is In Stock

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$2400 | Enterprise License

Introduction

Retail Trends: Global Payment Methods in Retail

Summary

New innovative payment methods are evolving at a rapid pace with new providers, technologies, and payment platforms emerging quickly. Consumers are looking out for convenience and omni-payment options which enable them to pay with the same method whether buying in-store, online or via a mobile device. This shift demands retailers to opt for fast, simple and secure payment methods.

Scope

- Convenience is the major driving factor for innovative payment methods

- Cash remains the preferred mode of consumer payments followed by payment cards

- Usage of cash is declining gradually with rise in electronic payments

- Retailers are adopting smarter payment options to offer enhanced security

- Contactless payments overtaking traditional payment methods

- Self-checkout stores gain traction

- Mobile payment apps provide consumers with new ways to exchange money

- Increasing adoption of smart phones is propelling the growth of m-commerce

Reasons to buy

- This report briefs about the key payment methods widely in acceptance in the retail industry, payment trends and innovations

Table of Contents

Table of Contents

Summary

Payment methods in the retail industry

Payment trends & innovations

M-commerce in the retail industry

About GlobalData

Additional Details

Publisher

Global Data

Publisher Information

Reference

1461231 | GDRT0019HTR

Number of Pages

23

Report Format

PDF

This report is published by Global Data

Global Data deliver comprehensive, detailed market intelligence that provides a definitive picture of the markets they serve. Their data is complete, detailed, global and completely cross-country comparable.

With different types of data other providers don’t provide, our clients can access a variety of tools that add context to our core data including innovation tracking, sentiment analysis, price monitoring, M&A tracking, competitor intelligence, and city-level intelligence.

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