{"id":4851,"date":"2020-04-15T17:45:25","date_gmt":"2020-04-15T17:45:25","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4851"},"modified":"2023-02-13T09:29:21","modified_gmt":"2023-02-13T16:29:21","slug":"covid-19-may-push-japan-to-ecommerce-indians-turning-to-pf-paytm-other-apps-to-pay-for-essentials-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/covid-19-may-push-japan-to-ecommerce-indians-turning-to-pf-paytm-other-apps-to-pay-for-essentials-news-roundup\/","title":{"rendered":"COVID-19 May Push Japan to Ecommerce; Indians Turning to PF Paytm, Other Apps to Pay for Essentials: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s News Roundup is a curated mix of the\npast week\u2019s news and articles from around the web, including company announcements,\nglobal payments news, and other coverage and analysis of topics relevant to\npayment facilitators.<\/strong><\/p>\n\n\n\n

Will the coronavirus outbreak be what finally pushes\nJapanese shoppers online?<\/strong> In a country that notoriously lags behind other\ndeveloped markets in ecommerce growth (only 7% of transactions in 2018 were\nonline), consumers may be finally turning to the web to do their shopping.\nRetailers have been voluntarily shutting down or cutting their hours, leading\nto a 63% drop in retail traffic from last month. From <\/em>Bloomberg<\/em><\/a>.<\/em>\n<\/p>\n\n\n\n

Payments companies in India taking a hit.<\/strong> Overall,\ndigital payments in India are down, even though individual verticals such as\ngroceries, education and online content have seen an increase in payment\nvolume. Payment companies are questioning whether the coronavirus will have a\nlasting impact on consumer behavior, driving more transactions online. From <\/em>livemint<\/em><\/a>.\n<\/em><\/p>\n\n\n\n

Indians report turning more to digital payments.<\/strong>\nPaytm and Google Pay top the list of payment apps being used by consumers in\nIndia, according to a recent survey. 42% of the respondents said they had\nincreased their use of digital payments, mostly to pay for essentials.\nConsumers are also opting for contactless delivery mechanisms. From <\/em>The\nFinancial Express<\/em>.<\/em> <\/p>\n\n\n\n

Visa, Mastercard evaluating fee changes. <\/strong>After\nannouncing that they would delay their planned interchange updates until the\nsummer because of the coronavirus, the card brands are weighing their next\nmoves. At a time when retail is struggling \u2013 and likely will be for some time\nbecause of the economic impact of the virus \u2013 an increase in fees could be hard\nto justify. From <\/em>Business\nInsider<\/em><\/a>.<\/em>  <\/p>\n\n\n\n

Industry News<\/strong><\/p>\n\n\n\n

Juniper Research: Digital\nCommerce Spend to Fall by 14% in 2020, As Industry is Rocked by Coronavirus\nImpact<\/a><\/p>\n\n\n\n

Blackbaud: Technology\nProves Mission Critical as Food Banks Deal with COVID-19 Crisis <\/p>\n\n\n\n

Grab: 12,000\nStudents to Benefit from CDC Student Meals Scheme<\/a><\/p>\n\n\n\n

Shopify: Shopify\nLaunches New Email Product Globally, Making It Easier to Reach Customers During\nCOVID-19<\/a><\/p>\n\n\n\n

PPRO: Retailers\nRisk Losing 44% of UK Customers if They Don\u2019t Offer Preferred Payment Methods<\/a><\/p>\n\n\n\n

ACI Worldwide: ACI\nWorldwide Introduces New \u201cDelay My Payment\u201d Capability to Help Address Bill\nPayment Challenges for Billers and Consumers Throughout Crisis<\/p>\n\n\n\n

Wellpay: Wellpay\nLaunches Intelligent Patient Financial Hub, Medical Bill Advocacy and Waives\nHealthcare Provider Fees During COVID-19 Pandemic<\/a><\/p>\n\n\n\n

I3 Verticals: i3 Verticals\nEducation and HundredX\u00ae Work to Help Schools Feed Children During Pandemic<\/p>\n\n\n\n

Blackbaud: Blackbaud\nReleases Virtual Small Group Capability to Serve Churches During COVID-19<\/p>\n\n\n\n

LegitScript: LegitScript\nWaives Some Fees for Telehealth Certification<\/p>\n\n\n\n

ETA: Small\nBusiness Owners See Expanded Use of Contactless, Some Increases in Sales During\nCOVID-19<\/a><\/p>\n\n\n\n

Mastercard: Mastercard\nAdvocates Sufficiently High Contactless Payments Limits to Ensure Faster, Simpler\nTransactions across Asia Pacific<\/a><\/p>\n\n\n\n

Klarna: Consumers Shift Buy Now, Pay Later E-commerce Spending Away from Apparel and Footwear and Toward Health and Beauty and Leisure Categories<\/a> <\/p>\n\n\n\n

Flywire: 63% of International Students Say a Slow and Painful Payment Tuition Process Paints a Negative Picture of Their UK University<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[103,195,229,502,646,666,793,951],"class_list":["post-4851","post","type-post","status-publish","format-standard","hentry","category-archive","tag-blackbaud","tag-covid","tag-digital-payments","tag-mastercard","tag-payment-facilitators","tag-paytm","tag-shopify","tag-visa"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4851"}],"version-history":[{"count":7,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4851\/revisions"}],"predecessor-version":[{"id":9112,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4851\/revisions\/9112"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4851"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}