Nuvei Research Highlights Consumer Shift Favoring Digital Payments and Mobile Wallets
2 reports, 1 independent
Updated Sep 21
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What happened
Nuvei released research findings suggesting that major retailers are increasingly supporting digital payment methods. The research indicates that Walmart is supporting Apple Pay after a period of not accepting the service. This shift is driven by consumer preference for digital payment options, which 57% of respondents value.
From yahoo.com
Why it matters
The findings suggest that banks and payment providers must adapt to consumer expectations regarding immediate fund availability and diverse payment options. Retailers that do not support preferred customer payment methods risk losing transaction volume and market relevance.
From yahoo.com