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{"id":401,"date":"2020-08-31T00:41:52","date_gmt":"2020-08-31T00:41:52","guid":{"rendered":"http:\/\/zxe.sad.mybluehost.me\/?page_id=401"},"modified":"2021-12-09T18:54:36","modified_gmt":"2021-12-09T18:54:36","slug":"digital-payments-and-commerce","status":"publish","type":"page","link":"https:\/\/staging.mgiresearch.com\/digital-payments-and-commerce\/","title":{"rendered":"Digital Payments and Commerce"},"content":{"rendered":"
Today\u2019s buyer whether Consumer or a Business expect choice and transparency. Choice of channel, choice of payment method, choice of speed of payment and transparency on when their goods\/services are delivered and where they are in the process. This means visibility for orders and payments across channels.Digital Payments are where the rubber meets the road in e-commerce. Lack of a robust payment infrastructure can create friction in the sales channels and cost organization in lost opportunities.<\/p>\n
The pace of change in key e-commerce markets such as retail is now exceeding the pace of innovation of the underlying technology. The collapse of the mall as the hub of retail and its rebirth as an experiential destination, retail-as-entertainment(RaE), shift to retail pop-ups, new payment methods, subscription retail and direct to consumer custom premium brands, pricing and customer targeting via machine learning and AI, the intersections of online and offline commerce and the rapid consumerization of B2B are just a few of the highly dynamic trends that are shaping the business and technology priorities in e-commerce.To be successful in e-commerce \u2013whether for B2C or B2B, organizations need to have a concrete investment budget for digital payment systems<\/p>\n","protected":false},"excerpt":{"rendered":"
Today\u2019s buyer whether Consumer or a Business expect choice and transparency. Choice of channel, choice of payment method, choice of speed of payment and transparency on when their goods\/services are delivered and where they are in the process. This means visibility for orders and payments across channels.Digital Payments are where the rubber meets the road <\/p>\n