Tag: digital payment

Retail merchants of all sizes across all regions of the world adapted to the pandemic by moving more of their sales online

Last year as millions sheltered at home, e-commerce proved crucial to keeping retail sales flowing. Now, as outbreaks begin to subside and mobility returns, e-commerce’s share of total sales has fallen from its 2020 peak, raising questions about the lasting impact of the abrupt shift to e-commerce. Transaction data offer two reasons for optimism that the accelerated uptake in online selling will persist even after the pandemic. […]

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