Remove 2027 Remove Cards Remove Online
article thumbnail

Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7

article thumbnail

Mercari Acquires Rival Marketplace App Origami

PYMNTS

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

Training 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retailers Team With Providers For eCommerce Payments’ Tear

PYMNTS

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. The expected size of the digital payments industry by 2027 is $2.4

Retail 131
article thumbnail

PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

Lending 163
article thumbnail

Ovum Research: PSD2 to cause a decline in online card volumes by 2027

The Paypers

(The Paypers) Ovum , a market research and consulting company, has released a study that shows how PSD2 will drive single card payments down by 37% until 2027.

Cards 28
article thumbnail

The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. In the last few months, we’ve seen companies focus on selling goods and buying inventory online. As a result, digital and integrated payments, including credit cards, are gaining more traction in the B2B space,” R.J. But making more PPE isn’t the only issue.

Payments 132
article thumbnail

Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Online marketplace Mercari and chat company Line have teamed up for mobile payments amid strong competition in the cashless payment space in Japan, Nikkei Asian Review reported. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

Payments 108