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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. As of 2017, online retail sales account for 12 percent of total retail transactions in the United States, but 50 percent of retail sales growth over the span of the previous year.

Retail 114
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Report: Social Commerce Market Reaches $89B

PYMNTS

In fact a new report puts the global market for social commerce at $89.4 billion by 2027, growing at a CAGR of 31.4 If a fashion company, for example, decides to put a fashion show online with links to purchasing the goods, it will need to advertise the show and its availability. billion this year and says it will reach $604.5

Marketing 209
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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222
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Innovative Approaches To Retail, Digital Payments And Healthcare 

PYMNTS

The rise in online shopping amid the pandemic is making digital payment options essential to healthy cash flow. 87.6B: Projected value of the global payment gateway market by 2027. markets where Village MD will offer primary care clinics in partnership with Walgreens. All this, Today in Data.

Retail 136
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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
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Mercari Acquires Rival Marketplace App Origami

PYMNTS

Mercari , the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami , a payments platform also in Japan. markets against larger companies with similar business models like Craigslist and eBay, Mercari intends to improve current money losses with the expansion. With plans to compete in U.S.

Training 140
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Shift4 Payments Rebrands 3dcart, Launches eCommerce Platform Shift4Shop

PYMNTS

Shift4Shop helps businesses create eCommerce websites to start selling their goods and services online. The platform offers website templates, product and order management, and marketing tools. The overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a June report.

Payments 141