Businesses transform during Coronavirus
By Ordo New year, new you? What about your business? Are you fit for rapid recovery whilst weathering political turmoil, new virus strains and vaccines? The planet transformed to move online to fight to survive, both personally and for businesses. But now’s the time to keep innovating and transforming to be as efficient as a […]
Contactless payments – Added value or an economic recovery mechanism?
By Limontek Because of government imposed lockdowns, the popularity of transactions through digital payment systems has increased steeply, heralding the emergence of QR code and NFC technologies. Given the health restrictions imposed on physical stores, retailers should take advantage of this opportunity to go digital and push for the contactless customer experience… During the current […]
The three main eCommerce business challenges
Global commerce is heating up. There’s more competition for merchants than ever before, but also more opportunity – if you can handle its challenges. In this blog, Igal Rotem, CEO of Credorax, discusses how merchants in the global payments market can overcome the three main ecommerce business challenges of cross-border payments and increased transaction rates. […]
Ordo, reshaping payments with Open Banking, enabling low cost, real-time transactions across the UK
By Ordo In March, the World Health Organisation (WHO) proposed contactless payments as a countermeasure of COVID-19. The effect is the ever-faster rise of digital payments on web platforms and mobile apps. Digital and contactless payments have seen an increase in usage by more than 50%, and experts are claiming that these new forms of […]
Getting paid during the post-virus crunch
By Ordo Many businesses spent lockdown offering a lifeline of payment holidays while customers financially struggled. With cash tight, now is the time businesses need efficient, effective, but polite, payment processes. The country went into lockdown and businesses were asked to provide financial healthcare for customers. Many businesses rose to the challenge, despite staff working […]
Lockdown cements UK eCommerce buying habits
Just 16 per cent UK consumers intend to return to their old shopping habits post-lockdown, signifying the lasting change that COVID-19 will have on the retail industry and the cementing of eCommerce habits. The COVID, Commerce and the Consumer research conducted by Wunderman Thomson – which surveyed 2,000 UK consumers on their shopping experience during […]
Coronavirus requires increased speed and agility in the retail supply chain
A major study from the University of Warwick has provided insights into how retailers have responded to COVID-19 crisis, highlighting a need for human intervention with existing processes unable to keep up with changes in the markets. The research, conducted by the university in partnership with Blue Yonder, concludes that, going forward, future systems will need […]
How online shopping has developed during the coronavirus pandemic
Once you think online shopping couldn’t get any more convenient during the Coronavirus pandemic, many major retailers have provided us with yet more ways to shop more efficiently — after all, 70 per cent of UK sales are placed on smartphones. These additions could be understood partly as a way to combat the need to return goods […]
Coronavirus and the eCommerce evolution
As the government starts lifting lockdown measures within the UK to enable people to go back to work and the economy to click back into gear, online retailers, brands and ecommerce businesses will continue to see a huge surge in demand. So, what factors do businesses need to consider now in order to cope with […]
Online shopping behavior: What COVID-19 changed and how to test it
When it comes to e-commerce, the current pandemic fortified the already booming position of online shopping in the daily life of an average consumer. The past few weeks have seen a change in behavior, with 45% of consumers opting for online shopping. But how lasting will these new habits be? What is different now, in […]
