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Innovative Approaches To Retail With Digital Technology

Online marketplaces are connecting retailers, consumers and nonprofits amid the pandemic. In marketing, Amazon and Walmart are busy getting ready for what could be the largest shopping week of the year, with Prime Day and other events approaching. And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. All this, Today in Data.

Data:

$5.5M: Amount of funding recently secured by social impact commerce platform ShoppingGives.

92%: Portion of U.S. consumers stating that security is important when shopping online.

87%: Estimated share of debit cards that will be equipped for contactless payments by 2022.

$3.7B: Amazon’s physical store revenue in Q2.

2.1B: Anticipated number of consumers who will move to online shopping by 2021.

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