93% of consumers say seeing products priced in their local currency impacts their decision to purchase. This is one of the insights in the Airwallex Cross-border #eCommerce report. Here are some other interesting insights: 👉 54% of global consumers expect to buy more from overseas merchants in 2024 👉59% of consumers are likely to purchase from overseas merchants via social media channels 👉 77% say they would likely abandon their cart if their preferred payment method is not available Data was gathered from over 3,000 consumers in the US, the UK, China, Hong Kong, Singapore and Australia. At @Bean Ninjas we help Australian brands expand into the US and UK by taking care of accounting and compliance requirements.
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Supported by Edgar, Dunn & Company, Airwallex conducted a comprehensive survey of over 3,000 consumers and engaged in detailed interviews with top merchants in Australia, Hong Kong, China, Singapore, the UK, and the US to uncover strategies for fuelling global eCommerce expansion. 📈 Key findings included: 💲 93% of customers report that seeing products priced in their local currency influences their purchasing decisions. 🌍 54% of consumers worldwide anticipate increasing their purchases from overseas sellers in 2024. 🛒 77% of shoppers are prone to abandoning their shopping cart if their preferred payment options are not offered... Bearing these insights in mind, Airwallex is poised to empower eCommerce businesses to: 🔝 Enhance checkout experiences with access to over 160 payment methods, enabling customers to transact in their chosen currency. 💶 Manage multi-currency operations by setting up Global Accounts in more than 20 currencies, facilitating the collection, holding, and disbursal of funds while avoiding steep conversion charges. 📲 Leverage social media for sales with our straightforward, no-code payment links. ➡️ Download the report now - https://lnkd.in/ehZF2rNs #eCommerceTrends #GlobalCommerce #Airwallex2024GlobaleCommReport If you're intrigued or keen on staying ahead of the competition, feel free to send me a message!
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Country Manager PayU Romania |PayU Group| Prosus (AEX: PRX)| Payments| Fintech| e-Commerce| Naspers Fintech
On April 2nd, from 9 AM, I will see you at 📍the #ZF #eCommerce #Summit, Marriott Hotel, Constanta Hall. Together with industry leaders & experts, we will be discussing about⬇️ ℹ️ How payment processes will impact not only merchants’ revenue growth, but also consumers’ behavior. Payments with a pre-saved card and installment options are among the most popular preferred by online buyers, but also the ones that contribute the most to the growth of conversion rate for merchants. ℹ️ How installments and, nonetheless, the methods of BNPL, Slice and Online installments with interest are being increasingly adopted by online consumers, as they are simpler and easier to manage financially. Find out more about the main opportunities and challenges in e-commerce on Tuesday, April 2nd at the ZF eCommerce Summit. 📺The event will be also broadcasted here: https://lnkd.in/dsXF23Q5 #PayUGPO #onlinepayments #fintech #paymentsolutions #ecommerce #ZF
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Like to be the first to find out? Later this month, Boku is dropping its brand new research report, in partnership with Juniper Research. The report reveals the fast-changing payment preferences and purchasing behaviours of 10,500 consumers with forecasting and analysis across 37 major markets around the globe. DM me for an advance preview - and some surprising insights into how eCommerce payments are changing. 👍 #globalpayments #research #NonCardPayments #LocalPayments #consumersurvey #Juniper
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💶 #EcommerceEurope signed a Joint Statement within the Merchant Payments Coalition Europe underlining the potential of the #digitaleuro to positively transform the European Payment landscape. ➡ Merchants strongly believe that a balanced digital euro project will secure fairer competition across the #SingleMarket while reducing dependency on foreign payment actors. To capture this potential, the digital euro needs to be designed in a way that is #transparent, #consumerfocused, and #proportionate for merchants. EuroCommerce Independent Retail Europe International Air Transport Association (IATA) SMEunited HOTREC - Hotels, Restaurants, Bars & Cafés in Europe ⬇ Read the full paper here ⬇
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For the latest issue of our 🎯 Cross-Border Payments and Ecommerce Report, we had the chance to interview Juan Pablo Ortega, CEO and Co-Founder of Yuno. Explore the complete interview on page 99 of our #free to download report to learn more about: ✔️ Current trends and growth markets in global e-commerce; ✔️ Tips for optimising payment strategies to ensure a successful international expansion; ✔️Insights into Yuno’s history so far; ✔️The next significant developments in the payments industry and how merchants can stay at the forefront in the coming years. 🚨 Get the full scoop today📥 https://bit.ly/48sqKQX #ThePaypers #report #crossborderpayments #crossborderecommerce #ecommerce #currenttrends #emergingmarkets #expansion #fraud #optimisingpayments #paymentorchestration
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The dynamic world of cross-border payments is being driven by several compelling factors. Robust investments in major trade and infrastructure projects, such as the African Continental Free Trade Area and China's Belt and Road Initiative, are contributing to more than 10% annual growth in cross-border payments from emerging markets. The rise of e-commerce, with 57% of shoppers engaging internationally, is a key driver shaping the industry's trajectory. #economicgrowth #ecommerce #crossborder #internationaltrade #markets
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China's parcel delivery industry achieved record-breaking numbers in the first half of 2024, with over 80 billion parcels delivered, surpassing last year's figures. E-commerce platforms were the main drivers, with the recent 618 shopping festival contributing to a 20% YoY growth in deliveries. Despite challenges such as pricing competition and regulatory amendments, the industry remains resilient. The growth signifies a strong consumer market and highlights the adaptability of delivery providers. As e-commerce faces challenges, the industry's ability to innovate and provide high-quality service will be crucial for sustained success. https://lnkd.in/gVTz3CaB
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Human Resources Manager for Italy, Germany, Switzerland, and Eastern Europe
Asia is now at the forefront of payment innovation, driven by technological advancements and shift in consumer behaviour. At the retail front, it is no longer just about payment acceptance, but also providing value-added services to enhance consumer experiences and gather deep insights. Read more on the key drivers and discover the opportunities players in the payments and commerce space can capture in our white paper with Kapron Asia: https://ow.ly/i3hV30szbN4 #payments #commerce #whitepaper #asia #transformation #retail #consumer #experiences #valueadded #services #solutions
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Seaport’s Jeff Cantwell, CFA is hosting an Expert Call on Payments: Update on Current Trends, Tuesday, March 5th. Topics of discussion will include payments trends update for Q1, restaurants, retail, ecommerce, North America, Rest of World, and competitive environment. Interested? Say hello! [email protected] #SeaportResearchPartners #Growth #Expert #Change #SRP #Seaport #SeaportGlobal #CorporateAccess #ResearchPlatform #ResearchPartner #EquityResearch
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A great whitepaper on navigating the complexities of Crossborder Commerce for Enterprise organisations jointly created by our partners Red Badger, Contentful, and Adyen, in cooperation with SCAYLE Commerce Engine. It's great to see partners contributing their insights and expertise on one common and so important topic, all from slightly different perspectives. #crossbordercommerce #ecomtech #retailtech #ecommerce
I love it when creating content and/ or campaigns with partners makes so much sense, because of a joint ICP, cultural fit and a Can Do mindset. Therefore Im happy to announce the "Cross Border Retail" white paper, which is a joint effort from partners Red Badger, Contentful and Adyen, in cooperation with SCAYLE Commerce Engine. Cross Border Commerce poses a lot of of opportunities, when implemented correctly. But how do you navigate all the complexities along the way? This paper gives a lot of pointers and is a must read for mature organisations, wanting to create seamless Global Commerce operations! Special thanks to Jimmy Taylor John Godfrey Anneka Hicks and the rest of the Red Badger team for taking the lead! https://lnkd.in/dbM-veW2 #crossborderecommerce #internationalcommerce
Seamless Global Operations in Cross Border Retail | Red Badger
content.red-badger.com
