Russia’s e-commerce market is continuously growing and expanding. In fact, Statista approximates that Russia will showcase an annual growth in e-commerce of 5.7% between 2020 to 2024. This will result in an increase in market share from US$20,470m in 2020 to US$25,520m by 2024. Here’s some insight on Russia’s growing... read more →

With the coming of the new year, we can’t help but wonder what awaits in all areas of life and this is no different in regards to payments. Payments have come a long way over the last decade and will continue to do so within the next year. Here’s a... read more →

A conversion funnel is the journey a customer takes prior to making a purchase. The funnel for e-commerce businesses greatly differs from a traditional conversion funnel. Here are the 4 stages of the e-commerce conversion funnel and how merchants can boost conversion on their site:  Image by Red Deer Awareness ... read more →

Mobile usage and the growth of internet connectivity has contributed to a growth in cross border e-commerce as well. Here are 6 current trends to take note of, which will boost e-commerce businesses in the long run:   Digitalization and Internet Connectivity Growth   According to research by Statista, in... read more →

CEE e-commerce economies have developed tremendously during the last several years, surpassing many other regions of the world. Here are five reasons as to why the countries of  CEE have become digital powerhouses and the effect they have on the digitization of payments.   Image by DaLiu Dynamic economic growth ... read more →

Black Friday is the largest shopping holiday in the US.  In recent years, it has now become a global phenomenon and increasingly popular outside the US. Canada, the UK, France, Germany, Spain, Brazil, Australia, China and other countries have some form of the event in the month of November. The globalization of... read more →

Companies are undoubtedly concerned about this year’s shortened holiday season in the US. Thanksgiving will fall on November 28th, whereas last year it fell on the 22nd, giving retailers less time to drive sales for the approaching Christmas holidays. Here are some ways to boost sales during this holiday season. ... read more →

Every business is striving for a single purpose - growth. Undoubtedly, growth is achieved by acquiring new customers, but moreover, by retaining already existing ones. Proper customer retention ensures a successful business with continuous profits and fewer costs. Here is how to boost customer retention:    What is customer retention? ... read more →

What once originated as a Celtic festival to ward off evil spirits, Halloween has now become one of the largest spending holidays in the United States. Here’s a look at major trends and statistics which should be expected for the upcoming Halloween season:    Who is spending the most on... read more →

Chinese consumers are shopping online more than ever. However, the Chinese market is unexplored for EU merchants. This is due to long shipping and clearance times and lack of knowledge regarding regulations and logistics. Here’s a look at the WeChat Pay customs push solution and how it can drastically solve... read more →