Thursday , April 18, 2024

Search Results for: covid

As Covid Fears Wane, Consumers And Retailers Are Using Curbside Pickup Less

While holiday sales are off to a strong start, consumers are making less use of curbside pickup, a service that rapidly gained momentum at the onset of the Covid-19 pandemic. Curbside pickup accounted for 13% of online orders on Thanksgiving day and Black Friday among retailers that offer the service, …

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Lit on Fire by Covid, E-Commerce Will Hit $20 Trillion Globally by 2026, RBR Says

It is generally accepted that the pandemic energized online commerce, but now research is starting to emerge showing just how extensive that effect has been. “Global Payment Cards Data and Forecasts to 2026,” a report released Wednesday by the London-based research firm RBR, indicates e-commerce card spending came to $7.7 …

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Is Covid-19 in the Rearview Mirror?

It may well be, but its effects are very much with us—and are lasting. Two years after it first struck, as the Covid-19 pandemic seemingly winds down, the payments industry is adapting to changes Covid coaxed into place that will stick around a lot longer than the virus that caused …

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A New Report Shows Just How Many Consumers Have Adopted Digital Payments Since Covid

It has been known anecdotally over the past year that the impact of the Covid-19 pandemic has shifted consumers to digital payments. On Monday, survey results emerged to show just how extensive that shift has been. Roughly one-third of consumers who now use such services as digital wallets, peer-to-peer payments, …

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COMMENTARY: The Post-Covid Silver Lining for Retail Data Commerce

Like a coiled spring, consumer demand is set to explode once social, entertainment, and shopping restrictions are lifted. Retail and hospitality will be the first to benefit as consumers seek to make-up for lost ground. But has Covid left businesses too weak to reap the rewards or has it helped …

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Card Spending Surges in the Wake of Covid-Induced Shifts in Consumer Behavior

Out of the gloom surrounding the U.S. economy since the onset of Covid-19 comes a report that consumer spending on credit and debit cards is not only robust, but also stronger than it was even two years ago. Dollar volume on payment cards in July was 21% higher than in …

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After a Covid Shutdown, a Florida Road Authority Revives Its Visitor Toll Pass Program

Fifteen months after suspending its popular Visitor Toll Pass program due to travel restrictions placed on tourists moving through Orlando International Airport during the Covid pandemic, the Central Florida Expressway Authority on Wednesday rebooted the program. The Visitor Toll Pass, which debuted in May 2019 and was suspended in March …

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