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Latest articles

Why COVID-19 will re-shape US consumers’ relationship with cash

In the wake of the pandemic, more US consumers are making digital payments than ever before. But that doesn’t mean they’re leaving cash behind, with many seeing eCash as the solution to many of their concerns when it comes to paying online.

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In the wake of the pandemic, more US consumers are making digital payments than ever before. But that doesn’t mean they’re leaving cash behind, with many seeing eCash as the solution to many of their concerns when it comes to paying online.

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Will payment methods be a way people use to track their spending more accurately...

As we discovered when we asked consumers[1], COVID-19 and the social distancing measures many countries have put into place to combat the virus has impacted the when, where, and importantly how they are spending money. The shift to eCommerce is one clear and potentially unsurprising consequence; many people (42%) are shopping online more frequently and a significant percentage (18%) of consumers have shopped online for the first time since the COVID-19 outbreak, and this is in turn is affecting the payments methods they use. But there are other reasons habits are changing.

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As we discovered when we asked consumers[1], COVID-19 and the social distancing measures many countries have put into place to combat the virus has impacted the when, where, and importantly how they are spending money. The shift to eCommerce is one clear and potentially unsurprising consequence; many people (42%) are shopping online more frequently and a significant percentage (18%) of consumers have shopped online for the first time since the COVID-19 outbreak, and this is in turn is affecting the payments methods they use. But there are other reasons habits are changing.

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eCash – the optimal payment option for businesses during COVID-19?

COVID-19 has accelerated trends in many industries, including payments. According to data from our latest research report Lost in Transaction: How COVID-19 has reshaped the SMB Checkout, 76% of businesses have actively noticed a change in the way consumers are making payments. This, in turn, is accelerating businesses own plans to evolve their online checkouts.

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COVID-19 has accelerated trends in many industries, including payments. According to data from our latest research report Lost in Transaction: How COVID-19 has reshaped the SMB Checkout, 76% of businesses have actively noticed a change in the way consumers are making payments. This, in turn, is accelerating businesses own plans to evolve their online checkouts.

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eCash around the world – different countries, similar payment preferences

There is no doubt that regional payment preferences are a globally identifiable trend that, if anything, is becoming more pronounced as the payment industry evolves. And for both businesses with a physical presence and those that are online only, recognising this trend and developing a checkout strategy that aligns with the payment preferences of target consumers is imperative.

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There is no doubt that regional payment preferences are a globally identifiable trend that, if anything, is becoming more pronounced as the payment industry evolves. And for both businesses with a physical presence and those that are online only, recognising this trend and developing a checkout strategy that aligns with the payment preferences of target consumers is imperative.

Read more
How to keep new online customers after COVID-19

Online businesses are focused on retaining the 18% of consumers that have spent money for the first time during COVID-19. Addressing these customers’ concerns with online card payments by offering alternatives is vital.

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Online businesses are focused on retaining the 18% of consumers that have spent money for the first time during COVID-19. Addressing these customers’ concerns with online card payments by offering alternatives is vital.

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Paysafecash enters Mexico

Kiosko, Circle K, Farmacias del Ahorro are just a few popular retail outlets in which Mexican customers can now pay with cash for their online purchases. In July 2020 Mexico joined another 28 countries in which Paysafecash has successfully been launched as an innovative eCash payment method.

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Kiosko, Circle K, Farmacias del Ahorro are just a few popular retail outlets in which Mexican customers can now pay with cash for their online purchases. In July 2020 Mexico joined another 28 countries in which Paysafecash has successfully been launched as an innovative eCash payment method.

Read more
eCash and mCommerce: A perfect match for Gen Z consumers?

Almost 50% of Generation Z (Gen Z) consumers, aged 16-24, now shop more on mobile than on any other device, making them the leading adopters of mCommerce. With that trend expected to grow, how can businesses better respond to their shopping needs?

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Almost 50% of Generation Z (Gen Z) consumers, aged 16-24, now shop more on mobile than on any other device, making them the leading adopters of mCommerce. With that trend expected to grow, how can businesses better respond to their shopping needs?

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Can I pay back a loan with cash?

For some consumers, repaying a financial loan with cash is the most logical and convenient method. So should more lenders be offering this solution?

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For some consumers, repaying a financial loan with cash is the most logical and convenient method. So should more lenders be offering this solution?

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Successful launch of partnership between Monese and Paysafecash in France

Do digital banking and cash create two parallelly existing worlds? The cooperation between Monese, one of the fastest growing, most popular and trusted banking services in the UK and Europe, and Paysafecash shows that those worlds not only complement each other but also offer more choice and flexibility for customers with different needs and payment preferences.

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Do digital banking and cash create two parallelly existing worlds? The cooperation between Monese, one of the fastest growing, most popular and trusted banking services in the UK and Europe, and Paysafecash shows that those worlds not only complement each other but also offer more choice and flexibility for customers with different needs and payment preferences.

Read more

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