US Casinos press to go cashless, China proposes East Asian digital currency, The 20-step guide to boosting cross border conversions

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June 18, 2020

Cross-Border Merchant Friction Index

NEW DATA: A 20-Step Guide To Boosting Cross-Border Conversion

Finding digital products and services online is easier than ever, but paying for purchases from international websites is far from friction-free. How can merchants localize their checkouts for global audiences? In our Cross-Border Merchant Friction Index, PYMNTS analyzed checkout processes at 266 leading international eCommerce sites to come up with 20 steps merchants must take to boost cross-border conversion.

 

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Digital Payments

Visa On Capturing The Digital Payments Opportunity In Latin America

Visa this week teamed up with Facebook to power new digital payments capabilities for WhatsApp users in Brazil, but that’s just the beginning of the company’s plans for Latin America. Ruben Salazar, Visa’s senior vice president of products and innovation for Latin America and the Caribbean, tells Karen Webster that in a region where 80 percent of transactions are still done in cash, there’s lots of room for innovation.

 

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PODCAST: Carrier Billing

Carrier Billing’s Coming Renaissance

Carrier billing has done well overseas, but has been largely usurped in the U.S. by apps and cards on file in app stores. However, Boku CEO Jon Prideaux tells Karen Webster that the system could have a U.S. renaissance through ‘carrier bundling.’ That’s where telcos package their services with a subscription to something like Apple Music, Disney+ or Netflix. Will this give carrier billing a second wind in America?

 

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Healthcare

Conversa CEO: Digitization Is Just What The Doctor Ordered For Healthcare

The healthcare industry needed a host of digital upgrades and enhancements to control costs and create efficiency long before the global pandemic came along to lay all of its issues bare. The good news, Conversa Health CEO Murray Brozinsky tells PYMNTS, is that the outbreak has given virtual care and telehealth the boosts they needed to help the industry start making changes.

 

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Global Spotlight

How The Global Pandemic Fast Tracked Mobile Payments In India

Analysts report that mobile-payment transactions grew 163 percent during 2019 in India — and that was before COVID-19. And digital wallet providers are working overtime to make mobile the way to pay and be paid. Will cash soon become and endangered species in India?

 

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Order To Eat Tracker™

NEW REPORT: Restaurant Re-Openings And The Guest Recovery Challenge

Bringing back guests who’ve had a less-than-satisfactory restaurant experience has taken a whole new level of importance during the COVID-19 outbreak. In this month’s Order To Eat Tracker, Ray Wiley, CEO of Mexican food chain Hot Head Burritos, discusses how collecting and analyzing customer feedback from a range of online channels is key to getting more customers to return to his chain’s 78 locations as they reopen and recover.

 

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What's Hot


US Casinos To Go Cashless, Citing Pandemic Fears


Mastercard And Visa Lose Legal Round In The UK Over Swipe Fees


Google Launches New 'Promoted' Pins To Boost SMB Visibility


China Proposes East-Asian Digital Currency


Uber Inks First Deal To Manage Public Transit In Bay Area


Amazon's Saudi Arabia eCommerce Site Debuts


Mastercard Tokenizes Card Credentials For Amazon Shoppers In 12 Countries


Upgrade Closes $40M Santander-Led Funding Round


InstaReM Helps Singapore SMBs Tap T&E Credit Lines For Cash


Bitcoin Daily: Austria Backs Pandemic-Related Blockchain Initiative; Ride-Hailing App Ryde Will Enable Bitcoin Payments


Best Of Yesterday 


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Fixing Banks' AML Achilles' Heel — Before The Fraudsters Pounce


Will Credit Sesame’s Digital Banking Push STACK Up?


 

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