Browsing Tag

Online Transaction

One in Three Consumers Are Only Willing to Wait 30 Seconds or Less Before Abandoning an Online Transaction

New research from Experian finds businesses need to invest in the customer journey to accommodate increasing consumer demand and expectations While businesses worldwide have started to see their operations stabilize, they will be tested once again as higher expectations of the digital experience are on the rise. According to the latest Experian’s Global Insights Report, 60 percent of consumers have higher expectations of their digital experience than before Covid-19. High expectations for security and convenience… Shows Surge in Online Transaction Volume Growth

Consumer behavior is shifting, but not slowing down for wellness and beauty categories, a leading ecommerce platform provider for order management and recurring billing, reveals a 36% spike in transaction volume in the past 30 days as millions of US consumers shop for goods and services online. The increase is not surprising given the current landscape, but recent concerns surrounding direct-to-consumer businesses facing declines in sales is not apparent across all categories, particularly in the health,…

MoneyGram Achieves Record Online Transaction Growth Over the Holidays

MoneyGram-branded online transactions increased over 70% during the holidays on a year-over-year basis as digital transformation accelerates MoneyGram announced record-breaking online transaction growth during the holiday shopping season from its MoneyGram-branded online platforms. Between December 1 and December 25, MoneyGram-branded online platforms reported transaction growth of more than 70 percent on a year-over-year basis, with 80 percent of online transactions initiated on a mobile device. Outside of the US, online…