Cash is Still the Payment of Choice for Swiss Consumers
Despite recent instant payments initiatives, the Swiss National Bank reported that cash is still the most widely accepted payment method among businesses in the country. Roughly 98% of the 770 companies surveyed by the central bank said they accepted physical payment, primarily citing customer demand. Many businesses also believe cash is more stable and less […]
Digital Wallets, BNPL Poised for Strong Holiday Growth
What’s Santa bringing down the chimney this holiday season? Lots of presents that were bought with alternative payment methods. An early holiday forecast predicts that purchases made through buy now, pay later (BNPL) services and digital wallets will more than triple this year. These insights come from ACI Worldwide’s annual study, Unwrap Holiday Checkout Trends […]
Financial Institutions Have a Missed Opportunity with Alerts
Customers have various ways to reach out to banks, but alerts are one of the few ways that financial institutions can initiate and direct conversations with their customers. However, many banks’ alert systems aren’t optimized to make those interactions count. In her latest report, Six Alert Flaws That Banks Can Fix Today, Lea Nonninger, Digital […]