Author: dsellers

A new study from Juniper Research (www.juniperresearch.com) has found that the value of consumer spend on remote payments for digital and physical goods will surpass $3.3 trillion this year, up 10% on 2017’s total of $3 trillion.

The research group says alternative payment mechanisms would comprise an ever increasing proportion of online spend. PayPal already accounts for 20% of mobile and online physical goods transactions made outside China, while the success of Alipay and Weixin Pay within China means that these two players combined now account for 45% of global payment volumes.

Verto Analytics (http://vertoanalytics.com), a consumer-centric audience measurement company, has released a new report that provides contextual and granular insight into today’s cross-device consumer online shopping behavior along with factors that shape their buying journey.

With the proliferation of online shopping, fueled increasingly by mobile devices and integrated advertising within social media platforms, retailers are tapping into e-commerce sales now more than ever before. The National Retail Federation projects online retail sales will grow between 10 and 12% this year.