Navigating the Transformation of Online Payments in 2023
2023 is off to a rocky start for retailers. Recent events including the COVID-19 crisis, the ground war in Europe and rising inflation are all having a toll on how consumers are shopping – and merchants need to adapt to the new landscape.
One of the biggest developments is the constant change in payment preferences, as new and innovative payment methods enter the scene. But rather than be a hindrance, this shift presents an opportunity for European merchants to thrive in the age of uncertainty, with retailers being urged to diversify their payments stack in line with consumers’ demands.
Signifyd’s ecommerce fraud report explores payment methods as a way to navigate the complexities of the uncertain ecommerce landscape in 2023. Here, we outline the approach that will help merchants stay afloat in 2023.
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