Six in ten Europeans abandon digital bank applications during onboarding
Nearly two-thirds of consumers in Europe (63%) have abandoned a digital bank application in the past year, compared with 40% in 2019, according to new research... More
Abandonment
Strong customer authentication requirements could cost European retailers €100bn in lost sales
The introduction of the 3D Secure 2.0 (3DS2) protocol for strong customer authentication (SCA) could cost European retailers more than €100bn (US$116.7bn) in online sales in 2021, payments consultancy CMSPI predicts... More
Payments networks begin rollout of single buy button for online commerce
American Express, Discover, Mastercard and Visa have gone live with an online checkout service that lets merchants add a single buy button to their sites to accept payments from any of the networks’ cardholders — without them first needing to create an account with the merchant or enter detailed payment data... More
Singtel charges Angry Birds toys to buyers phone bills
Singapore carrier Singtel is taking carrier billing into the physical goods world with a pilot test of a service that lets customers order Angry Birds plush toys for delivery to their home address and charge the cost to their phone bill... More
