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Continuing our exploration of Alternative Payment Methods (APMs) around the world, we now turn our focus to the Eurozone. This economic powerhouse, with its diverse payment landscape, offers a unique perspective on the future of digital transactions. This article looks into the top APMs used across the ...

As we continue with our series of articles exploring Alternative Payment Methods (APMs) around the world, there is a definite trend we would like to focus on today: cash-based payment methods and the unexpected appeal they have across the globe, for various reasons.

Collecting, analyzing, and leveraging transaction data across regions supports businesses to make strategic decisions that optimize their operations and meet their users’ payment preferences at the same time. As experts in this arena, Praxis Tech provides the tools and insights to power this process.

Last week, we started a series of articles focusing on APMs (Alternative Payment Methods) around the world. APMs and their usage trends vary vastly between different regions. Selecting the right payment methods for your target markets is crucial when building your payments strategy and making sure you ...

The world is very diverse in its cultures and ways of life, but also in popular payment methods. As digitalization and online payments have taken hold, they have significantly changed the way we pay for things. Alongside the growing penetration of credit card payments, Alternative Payment Methods (APMs) have ...

Online checkout and deposit experiences nowadays are a breeze for consumers (at least they should be!). They find a product they need/want/love or enter an amount to deposit, and a few clicks later their payment is complete. Behind the scenes, however, online transactions are more than the sum of their parts ...

We use embedded finance every day and it’s already transforming the way we all transact and interact with financial services. You may have blinked and missed it, but you interact with embedded finance technology every time you pay for a taxi via an app, use store credit to order a coffee on your phone, or ...

Valentine’s Day is a time when many people show their loved ones how much they care through gifts and gestures of affection. As technology continues to advance, more and more people are turning to online platforms to make purchases for these gifts and gestures. In this article, we will take a look at some of ...

Sport enthusiasts rejoice! 2023 is the year of women’s sport. From football to volleyball, women’s sports have been gaining momentum, skyrocketing them into the forefront of business’ minds.

New year, new me – new consumer behavior. New year’s resolutions emphasize health, fitness, hobbies, living better, and more. These have a huge impact on how people spend their money across various markets. Engage with these resolution-related trends and you can gain useful and lucrative insights into your ...

Holiday online spending surges are real and incredibly lucrative – if you’re prepared. Merchants in the United Kingdom, the United States, and Canada usually get to rake in the most profit, since these three countries have the most year-end holiday spending spirit.

Did you know that a huge 60% of trading is actually psychological, with the other 40% made up by Strategy and Money Management combined?

In recent years, the rise of the online casino and independent online gambling games has been propelled to new (and sometimes positively unexpected) heights. Consistent research shows that 96% to 98% of gamblers fall into the recreational gambler or social gambler category—people who are considered healthy ...

Let’s start from the top. What is the metaverse?

E-commerce has revolutionized the shopping experience. It is now easier than ever to buy whatever you want, from wherever you are, at any time of the day! This ease of accessibility fuels the impulses of dedicated shoppers who are seeking out some retail therapy. Impulse buying causes consumers to buy stuff ...

Did you know that 87% of consumers will purchase from a company that advocates for an issue they care about, and 73% would stop purchasing from a company that doesn’t care about climate change.

Love it or hate it, crypto is said to replace traditional money completely in the future – is your business ready?

There are enough credit cards in circulation to span the Earth more than 3.5 times. And yet, businesses still face issues with CC deposits. Physical credit cards are the same size all over the world, but credit card deposits are no longer one size fits all.

Have you ever put something into your virtual cart, only to realize that the seller takes a payment method that requires you to fetch your wallet, whether for cash or your credit card info? Or worse, they don’t accept your payment methods in the first place.

Having a business that spans many countries, cultures and varied personal needs is a dream many aspire to have. Through Praxis, you can make that dream a reality! Global scaling, or the process of growing your business multi-nationally, is a key component to the success of any major company. However, this is ...

1-click checkout is just as convenient as it sounds – customers only need to click once to make a purchase. Convenience leads to fewer abandoned carts, more revenue, and happier shoppers.

Online shopping is fun and more successful than ever. The problem is that if the checkout process is inconvenient, many consumers will abandon their virtual carts for a Netflix binge. Adding to cart sparks joy – paying for it might not.

When online shoppers add something to their cart, it seems like a win for your business. But all too often, they end up clicking away in an unfortunate act of Shopping Cart Abandonment (SCA).

“Scaling up” your business isn’t just a buzzword – it’s a necessary step to growing your online company. Regardless if you’re a long-term entrepreneur or CEO of an e-commerce startup, globally scaling your business increases demand, and in turn, increases revenue without incurring additional expenses.

Before the pandemic caused a massive global impact, affecting nearly every corner of society, business was beginning to become increasingly internet-focused.

The world of eCommerce has changed dramatically over the last few years. Online web shopping has boomed, there’s digitized tellers in grocery stores and Amazon created the infamous Amazon Go; a place where the checkout experience is simply entering the store, picking up your shopping, and walking out. Driven ...

Cyprus is now becoming the world’s newest fintech hub and the go-to choice for fintech companies Small but ambitious, Cyprus has developed itself into a rapidly growing startup ecosystem.

Financial technology has come a long way… Ever wonder how the worlds of finances and technology came together to form what is known today as Fintech? To enable improved security of financial transactions, upgraded payments systems, optimized customer service, and expanded scope, Fintech evolved over ...

In order to be able to compete in today’s world as an online merchant, you must have the tools that give you the competitive advantage you need.

nu The world is undergoing a rapid and dynamic digital banking transformation. Like all other industries, finance has evolved to keep up with technological advancements. With the latest FinTech trends prioritizing faster, better, safer, and smarter processes that prioritize the consumer experience, the ...

Smart cashier software is designed to make high-risk processing difficulties a thing of the past.

An online search for the meaning of “risk management” produces a variety of definitions, with some that are sector-specific.