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February 1, 2023
On the web
U.S. Online Retail Spending Passes $1 Trillion for First Time
Chain Store Age
A record-breaking fourth quarter helped make 2022 the highest single year ever of digital commerce in the United States. U.S. digital spending rose roughly 11% to $1.09 trillion in 2022 from $904.3 billion in 2022, according to the annual “State of Digital Commerce” study from ComScore.
January 27, 2023
On the web
Payment Trends to Watch in 2023
InformationWeek
If 2021 was focused on growth and scale, and 2022 saw cost-cutting and survival as key objectives, then 2023 is a year to aim for stability. A challenging macroeconomic climate is forcing payment issuers and acquirers to prioritize revenue growth and operating efficiency, seen as the top priority by 25% and 24% respectively of respondents.
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