Visa’s (VS) Asia Pacific (AP) region Purchase Dollar Volume (PDV) growth heated up year-on-year (YOY) to 16.4%, on a local currency basis, in the third quarter (3Q/15) to US$371 billion, compared to a 12.1% YOY growth rate in 3Q/14.
A new survey finds free shipping trumps all other holiday shopping incentives in 2015. The survey also reveals cybersecurity concerns are generally not slowing shoppers down.
Bank of America’s mobile banking platform has more than 17 million active users and growing at a rate of approximately 5,000 users per day. During the first quarter of 2015, mobile banking customers logged into their accounts more than 625 million times, or almost 40 times per user.
While mobile devices are considered more secure than desktops to a certain degree, mobile apps on these devices can be a mess at times, so consumers must exercise caution when booking travel or purchasing tickets via these apps this summer.
Global discretionary spending intentions declined or remained steady in the first quarter across all lifestyle categories. While confidence across global regions remained relatively stable in the first quarter, there is considerable variation across different markets.
Merchant awareness is not keeping pace with mobile fraud growth, and the support for the mobile channel is not meeting predictions and expectations. In addition, concerns over the implementation around new payment methods such as Apple Pay have risen.
Visa’s (VS) Asia Pacific (AP) region Purchase Dollar Volume (PDV) growth slowed down year-on-year (YOY) to 10.6%, on a local currency basis, in the fourth quarter (Q4/14) to US$359 billion, compared to a 14.4% YOY growth rate in Q4/13.
Despite the Republican rantings, via Roger Ailes’ Fox News, that the country is on the wrong course, a new poll shows half of American’s predict that their financial situation will be better at this time next year and well beyond their personal status at the end of 2008.
The new emerging Black is Thanksgiving as more retailers noticed the trend last year and are opening earlier this year. Specially timed and targeted coupons are also the hottest trend in pushing in-store and online sales on Thanksgiving.
About one-quarter of Canadians have used a mobile device to make an online purchase over the past three months. Around 68% of smartphone owners are aware of NFC or QR Codes, with 65% likely to make NFC or QR payments over the next six months.
Four out of ten of small business owners are planning for an uptick in business performance this holiday season compared with last year. In addition, 61% say increased consumer demand will drive better business performance during the holidays compared to just 31% in 2013.
Visa’s (VS) Asia Pacific (AP) region Purchase Dollar Volume (PDV) slowed down year-on-year (Y/Y) to 11.5%, on a local currency basis, in the third quarter (Q3/14) to US$351 billion, compared to a 12.2% Y/Y growth rate in Q2/14.