In its third quarter of 2018, PayPal welcomed 9.1 million new users. The new users bring the total of users to 254 million, which is a new high. In total, the total payment volume increased 25 percent, up to 143 billion dollars. The total revenue growth was 14%, to $3.68 billion with a 27% increase if payment transactions (2.5 billion). PayPal concluded that per active
Research: Understanding what IConomy consumers want
A Localz research conducted by YouGov, which resulted in the 2018 ICurve Report, has explored the concerns of the United Kingdom's consumer on the current state of last-mile delivery of goods and services. The research highlights the stresses and concerns consumers have as a result of online deliveries. It still seems that, due to the current state of last-mile delivery
PayPal to increase Instant Transfer fees in USA
Payment service provider PayPal is increasing the fees for personal accounts in the USA when withdrawing money. Currently, it costs nothing to withdraw funds to a bank account linked to your PayPal account. This is something that is not changing, and transfers like this will take one or two days. The offer to have your funds transmitted to your bank account immediately is
H&M and Klarna announce partnership
H&M and Klarna have entered into a global partnership, the fashion retailer announced. Together, H&M and Klarna will further integrate H&M’s digital and physical stores to give customers a seamless, personalized and engaging shopping experience no matter where, when and how they shop. This partnership will power the loyalty programme H&M Club payment programme,
E-commerce Nordics up 11% in the first half of 2018
There was an increase of 11 percent during the first six months of 2018 when looking at the e-commerce growth of the Nordic countries. They now have made online purchases worth 10 billion euros, of which more than 40 percent comes from the Swedish consumer (4.12 billion euros). It is followed by Denmark (2.49 billion euros), Norway (2.24 billion euros), and finally Finland