Today in Data, global merchants are pushing to enhance their ability to collect localized payments from shoppers. Plus, retail consumers have an appetite to spend and plan to spend big in 2022, and retailers are using “reckless experimentation” to accelerate their digital transformation.
Data
70%: Share of consumers who plan to make $500+ purchases by end of 2022 Q1
2M, 45, 550: Number of new lines of code, pre-packaged microservices and APIs in expanded Toshiba Global Commerce Solutions ELERA platform
35%: Share of consumers who would buy from a rival merchant if it offered better digital capabilities
$3.56T: Projected global retail cross-border payments in 2022, up from $1.95T in 2016
69%: Growth in online consumers in Australia, Canada, China, France, Germany, Japan, the United Kingdom and the United States shopping outside their home countries since 2019
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