This presented an opportunity for Wix to build an all-in-one solution, and that's exactly what it did. Whether consumers are transacting with contactless cards, digital wallets, or even cash, merchants need to be flexible around payment acceptance or risk losing sales. However, as economies around the world get set to reopen, consumer purchasing habits are going to change as well. In the company's press release announcing the launch of its POS system, Wix stated that e-commerce-enabled businesses built on Wix "grew by 45% between March 2020 and March 2021." Subsequently, this created a boost among digital native businesses as well. Driven by the pandemic, demand for online transactions accelerated rapidly as consumers took their shopping habits to the internet instead of going to physical retail stores. In 2020, gross payment volume across Wix's platform grew by 126% to reach $5.4 billion.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |