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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll quickly, as employees are facing greater financial strains that may make them more eager for prompt salary disbursements. Around The World Of Smarter Payments. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains.

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Deep Dive: Pandemic Boosts Demand For In-Store And eCommerce BNPL Options

PYMNTS

The pandemic-related economic downturn is making consumers wary of payment methods that can worsen their debts. however, as 30 percent of the nation’s consumers have such accounts. Consumers will continue to monitor their spending and adjust their purchasing behaviors as they confront the worldwide economic slump.

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Visa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery

PYMNTS

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner. The settlement wait can be several days in length, with even longer lag times over a holiday weekend.

Sales 141
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JD.com Reports 417.4M Annual Active Customers Amid Better-Than-Expected Earnings

PYMNTS

reported that annual active customer accounts jumped by 29.9 The eCommerce retailer also noted that mobile daily active users in June 2020 rose by 40 percent compared to June 2019, according to a Monday (Aug. The news comes as China’s largest eCommerce shopping event since the coronavirus put fear into the economy of Asia netted $136.5

GAAP 54
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Southeast Asia’s growth 2022-23 to outpace other markets

Future CFO

The digital consumer population in Southeast Asia is still growing steadily and is forecast to reach 370 million by end-2022, accounting for 82% of the total population of 15-year-olds and above. This figure is projected to rise further to 402 million by 2027, accounting for 88% by the end of the forecast period.

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US November Car Sales Fell, But That Doesn’t Reflect Underlying Trends

PYMNTS

That’s because when adjusted for three fewer selling days and one less weekend, there was almost no decline at all — meaning an economically crucial rebound in U.S. Nonetheless, the improvement is a positive sign for the country’s economic recovery.”. million auto accounts in some form of accommodation at the end of September.”.

Sales 73
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People's United Bank On How ML And Rules-Based Analysis Work In Tandem For Fraud Prevention

PYMNTS

Debit has become exceedingly popular over the past year as social distancing and stay-at-home orders reduce consumers’ cash reliance and the ongoing economic decline and rising unemployment rates make them wary of taking out loans or leveraging credit. Debit Fraud Threats In The Time Of eCommerce.

Banking 66