Online Payments in Apparel - Thematic Research

Online Payments in Apparel - Thematic Research

Summary

This report explains the significance of online payments in the apparel industry while providing an overview of the latest technology, industry and macroeconomic trends for it in the apparel industry. The report goes on to talk about m-commerce and alternative payment systems with examples.

The shift towards online payment methods away from cash transactions began long before COVID-19, but the pandemic significantly accelerated this trend which is expected to remain even after the crisis resides.

ScopeCOVID-19 boosts online payments in apparelApparel retailers offer frictionless payment methodsMobile commerce will become the biggest part of ecommerceThe market demands rapid innovation or M&A to keep upReasons to BuyGain a comprehensive understanding of the role played by online payment systems in the apparel industry.