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Global Holiday Season Spending Expected to Grow by 16% in 2024, BNPL Surges While Synthetic Identity Fraud Emerges as Top Threat

Fintech Finance

Global holiday spending is expected to rise 16% in value from October through December 2024 compared to the same period last year, according to analysis by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology.

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Africa to See Triple-Digits Growth in Consumer Spending Over the Next Decade, EBANX Shows

Fintech Finance

. “Incorporating Alternative Payment Methods (APMs) is not only about offering more options, it’s also about bringing people in,” highlights Etcheverry. “Companies accepting Pix with EBANX in digital commerce in Brazil experienced a 25% growth in the number of clients and a 16% increase in their revenue.”

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Ecommpay Premiers Full-stack E-commerce Offering at MPE 2024

Fintech Finance

Ecommpay’s own research highlights the need for innovative solutions across industries, with almost three quarters of consumers surveyed stating that digital payment service experiences could be improved. Ecommpay’s strategic entrance at MPE 2024 aims to help merchants tackle these and other challenges head-on.

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Why Installment Payments Are Fashionable This Holiday Season

PYMNTS

Retailers worldwide are exploring the impact of BNPL solutions, especially in Australia, where the payment method is proving particularly popular. Thrift clothing store The Reject Shop has teamed up with BNPL solution provider Afterpay to bring this alternative payment method to its customers just before the 2019 holidays.

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In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emerging payment trends set to shape the industry. Sophie Chandler highlighted how the adoption of alternative payment methods is gaining momentum.

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Payments and the rise of contactless spending in 2024

Neopay

Alternative payment methods are on the rise as the demand for real-time payments soars, including contactless, which has transformed into a mainstream financial tool. The digital Euro may enhance security and reduce reliance on non-European countries for transactions, improving cross-border payments.

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Delta Galil On Why Buy Now, Pay Later Is Changing The Fashion Industry

PYMNTS

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping.

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