Tag: digital wallets
eCommerce fraud losses to exceed $48 billion globally in 2023
A new study from Juniper Research has found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted that this growth will be accelerated by the increasing use of alternative payment methods, such as digital wallets and BNPL (Buy-Now-Pay-Later), which are…
Smart home payments to exceed $164 billion by 2025
A new study from Juniper Research has found that the total transaction value of smart home payments - those that occur via smart home devices - will exceed $164 billion in 2025, up from $22 billion in 2020. Increasing use of voice assistants via smart speakers for eCommerce, propelled by rising user and merchant acceptance, will…
