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Retail Relay: Bite Size Payments Insights
#5: Innovative Payment Methods & Why Are Payments Costs Rising?
Season 1, Ep. 5
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The pandemic has been accelerating the shift to ecommerce and credit card usage, whilst encouraging the rise of digital payments. How will merchants see their costs change? What are the benefits and risks of emerging finger vein payment methods? How do innovative payment methods compete against each other? In this week’s episode, Robbie and Callum explore the above in detail, and look into the latest data on retail and spending volumes.
Read the Retail Payments Review: https://bit.ly/3ePwo31
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7. #7: Financial Performance Of Payments Suppliers & What It Means For Retailers
20:54||Season 1, Ep. 7The pandemic has driven an incredible impact on various players in the payments world, such as card schemes, cash suppliers and mobile payment suppliers. As consumers begin to look for payment methods that require less physical contact, cash continues to decline, whilst the card and alternative payment method (APM) space has seen growth.In this episode, we take a look at how the pandemic affected the share prices and financial performance of different payments suppliers in the space; and how it can impact merchants' costs.For the latest updates, please visit: https://bit.ly/2YKL25j
6. #6: Looking Into The Future & The Next Generation Of Payments
27:31||Season 1, Ep. 6As recovery continues, we look into the future of retail and the payments landscape in this episode. With data from our forecast, Robbie and Callum explore trends for the coming year through a bull and bear view, and the next generation of payments - open banking. Open banking seems to tick all the boxes, but what is behind the lack of growth? We look at how the concept is currently implemented in Europe, how it can change the payments environment and the roles merchants, consumers and issuers play in the lack of popularity.
4. #4: Contactless Trend & Future-proofing the Ecommerce Shift
29:47||Season 1, Ep. 4In this episode, Robbie and Callum look at the general retail and spending volumes trends this week. We discuss contactless, PIN and signature transaction trends - and what data we'd like to see from the schemes. Lastly, we dive into the overall impact of COVID-19 on the payments industry and how retailers can prepare for the future. To read the Retail Payments Review, please click here: https://bit.ly/2ZK1mp5
3. #3: Impacts On Current Fee Regulation & Cash Trend
23:06||Season 1, Ep. 3With stimulus checks being introduced and lockdown easing in certain parts of the world, we're seeing a trend of recovery in various industries week by week. In this episode, Robbie and Callum look at ATM withdrawal trends; the influence of the pandemic on cash usage and the future of cash; and how COVID-19 is likely to impact current payments regulations in Europe and the U.S. To read the Retail Payments Review, please click here: https://bit.ly/3dZK0bU
2. #2: Shift to a Cashless World
23:34||Season 1, Ep. 2As the pandemic continues, the shift to contactless card payments and the collapse of cash are further accelerated. In this episode, Robbie and Callum delve into the latest trends in consumer spending; changes in contactless; the concept of Buy Now Pay Later; and cashless payment methods implementation in different parts of the world. To access the Retail Payments Review, please click here - https://bit.ly/2LmYA0A
1. #1: Early Impacts of the Pandemic
18:53||Season 1, Ep. 1In our first episode, Robbie and Callum consider the key trends we've seen across the retail industry in recent weeks. As lockdown continues to keep stores closed across both the U.S. and Europe, we're seeing a huge shift towards online spend - and we explore the numerous complexities, opportunities and challenges that come with that change. To access the Retail Payments Review, please click here - https://bit.ly/3dlwoHx .
Trailer: Retail Relay
01:00||Season 1The global outbreak of COVID-19 has made the world of retail almost unrecognizable – but what trends and changes are we seeing in the way consumers pay? Retail Relay is your weekly, bite-sized update brought to you by CMSPI. CMSPI is an independent global payments consultancy that helps merchants enhance and optimize their end-to-end payments strategy. With transparency into trends across different industries, channels and continents, as well as visibility of the market coming from hundreds of merchants across the globe every year, we’re able to analyse the retail space in detail. Every week, we publish a report with the latest global trends and changes during the pandemic, and in each podcast episode we’ll discuss these key trends with information we get on the last full week of trade.