Employment growth and wages in ecommerce

whitePaper | July 20, 2023

“Buy Now, Pay Later” (BNPL) is an innovative credit product that has experienced rapid growth in the past few years. BNPL allows consumers to split up the cost of a retail transaction (usually between $50 and $1,000), traditionally into four interest-free installments repaid over the span of six weeks. Seamlessly integrated into the online shopping experience, the product is promoted as a fast, convenient means for consumers to manage their cash flow and avoid high-cost debt.

whitePaper | August 25, 2022

Navigating the complex billing relationship between corporate franchise ownership and individual franchisees requires an understanding of various challenges, including the need to accelerate scaling operations and providing transparency for all parties. BillingPlatform knows how to adapt and overcome the challenges of supporting a franchise ecosystem. Corporations from every industry have turned to BillingPlatform to redefine and modernize their revenue management systems with their franchise partners. Leveraging the quote-to-cash process provided by BillingPlatform, these organizations have saved time and increased revenue.

whitePaper | March 31, 2022

The COVID-19 pandemic turbocharged merchants’ interest in mobile point of sale (mPOS) systems. mPOS untethers traditional POS solutions from fixed stations, allowing employees to collect payments via mobile devices like tablets and smartphones often with no physical contact with customers. In a pandemic, that’s a big advantage. After a slow start about a decade ago, mPOS systems have become increasingly popular in the last few years. In fact, NTT Data and Accourt Limited estimate that mPOS transactions will total $4 trillion, or half of all POS volume, in 2024.¹

whitePaper | December 4, 2019

StatCan’s Retail numbers for November indicate a +0.1% growth in core-retail sales. This past November, there was a disruption in the postal system. StatCan’s numbers confirm that the effect of the postal dispute was more nuanced then portrayed in the media at large, with both retailers saying online sales were or were not impacted. These data confirm the belief of RCC’s Retail Conditions Report in December, that there was almost no impact on total company sales.

whitePaper | August 11, 2022

Ecommerce is now the preferred method of shopping for 68% of consumers, up from 52% in 2020, according to a WD Partners survey. And ecommerce sales will represent 20% of total retail sales by 2024

whitePaper | June 28, 2022

The pandemic has brought about significant economic disruption, thereby increasing the need for banks and financial institutions to be more agile. However, Covid-19 is not the only factor that drives automation and digitalization in the credit and lending process in credit institutions. Incumbent banks are increasingly facing pressure from neobanks, these having the strategic advantage of being “born digital”. In addition, customers demand fully digitalized processes with regard to the ease of use and fast turnaround times.