Reports & Studies

Reports & Studies2017-08-04T11:48:39+00:00
Payvision Annual Report on cross-border ecommerce

Payvision has published its annual report on cross-border ecommerce, offering actionable stats, expert insights and exclusive facts and figures on every major trend, important market and technological shift that is likely to shape the industry’s future.

To download the paper, please click here.

Published on: 01/08/2018
Payvision and ING interview on Fintech and Banks

Please click here to read an exclusive interview with Gijs op de Weegh, COO at Payvision and Evelien Witlox, Global Head PM Payments & Cards at ING on their most recent partnership.

Payvision’s strategic partnership with ING sees the payment provider and merchant acquirer sell a majority stake of 75%, creating a new synergy that will accelerate its ambitious growth plans within the dynamic payments market.

Published on: 01/08/2018
Payvision / Acapture blog post on rule-based payments fraud

Payvision/Acapture have published a blog post on why rule-based fraud management doesn’t work for online retail, looking at fraud management and the future of ecommerce fraud protection.

To read the blog post, please click here.

 

Published on: 01/08/2018
Payvision / Acapture blog post on Payments in 2018 – where are we now and where are we heading to

Payvision / Acapture has publised a blog post on Payments in 2018 – where are we now and where are we heading to. This post looks at the market and trends, discussing developments such as Blockchain and cryptocurrencies, AI, VR and Internet of Things.

To read the blog post, please click here.

Published on: 01/08/2018
Payvision / Acapture blog post on PSD2 security requirements

Payvision / Acapture has published a blog post on PSD2 security requirements, discussing the requirements in authentication, Open Banking and the battle within the payments ecosystem.

To read the blog post, please click here.

Published on: 01/08/2018
Payvision White Paper: Future Trends in Consumer Behavior

On 31st March Payvision launched  latest white paper, Future Trends in Consumer Behavior.

This paper aims to educate retailers on the preferences of our largest and youngest consumer base, millennials and generation Z. The data shows that digital natives still value in-store shopping as much as domestic and cross-border ecommerce, so omnichannel will be even more important to merchants by 2020, and beyond.

They’ve explored the latest tech that will facilitate consumer behavior:

  • VR and AR to unite online and in-store experiences
  • Blockchain for real-time cross-border payments
  • Machine learning and AI for personalization through data

And lots more!

Published on: 05/04/2017
Summary of EPIF 1st Annual Public Workshop
Published on: 16/11/2016
Elavon White Paper:Embracing the Economy of Things

EPIF is delighted to share with you a White Paper produced by Elavon UK. “Embracing the  Economy of Things”

This White Paper is about how “Internet of Things” will shape the ways business buy and sell.

Published on: 24/10/2016
CONTACTLESS: A convenient way to pay

EPIF is glad to share with you an informative leaflet on the contactless payment solutions and their use prepared by the EPC.

Published on: 12/09/2016
VocaLink White Paper: SCT INST: IS IT SEPA 2.0?

VocaLink, an EPIFobserver, has published a White Paper on Instant Payments. The White Paper explores what will happen to SEPA after Instant Payments becomes a reality. It considers how Instant Payments may eventually become the “new normal! for Europe or “SEPA 2.0”, how this convergence to SCT Inst will affect the stakeholders and what levers there are to guide and tune the convergence process.

Published on: 16/06/2016
PayVision White Paper: Profitable Omnichannel Retail

PayVision, an EPIF member, has shared with us their latest White Paper on Proftable Omnichannel Retail which provides an honest assessment of omnichannel which recognises that, despite the hype around the topic, the practical implementation is proving more difficult and merchants are less enthused.

For more insight on omnichannels, provided through interviews and case studies, as well as realistic advice for SMEs, the White Paper can be downloaded here.

Published on: 11/12/2015
PayVision Infographics: Online shopping cross-border ecommerce – Thailand

PayVision has produced a series of infographics on online shopping corss-border ecommerce in specific countries. This factsheet reflects the ecommerce market in Thailand.

Published on: 04/11/2015
PayVision Infographics: Online shopping cross-border ecommerce – Israel

PayVision has produced a series of infographics on online shopping corss-border ecommerce in specific countries. This factsheet reflects the Israeli ecommerce market.

Published on: 22/10/2015
PayVision Infographics: Online shopping cross-border ecommerce – Colombia

PayVision has produced a series of infographics on online shopping corss-border ecommerce in specific countries. This factsheet reflects the Colombian ecommerce market.

Published on: 22/10/2015
PayVision Annual White Paper: Key Business Drivers in Cross-Border E-Commerce

PayVision, an EPIF member, has published its Annual White Paper on  Cross-Border Ecommerce. The White Paper, which is the result of a collaborative and comprehnsive study with CardNotPresent.com, explores the business drivers and opportunities for online merchants to pursue a seamless international business.

Published on: 15/10/2015
Payvision White Paper: Preparing Your Organization for Cross-border Ecommerce

Payvision, an EPIF member, has produced a White Paper exploring the specific factors that online merchants should take into consideration when expanding globally to take advantage of the potential of international online ecommerce. Such factors include understanding the cross border customer and meeting regulatory requirements.

Published on: 10/04/2015
ACAPTURE White Paper: Payments Optimisation

This paper explains the ways in which merchants can simplify payments optimization processes. The paper takes into account credit cards as well as the increasing number of alternative payment methods to determine which generate the best conversion rate results.

Published on: 03/03/2015
Payvision blogpost: The basics of European Regulation and Public Affairs in payments

Ignacio Gonzalez-Páramo provides an insight into European Regulation and its impact on the way the payments business is driven by most of the players in the European payments ecosystem. In the video, Mr. Gonzalez-Páramo describes ways in which to tackle the regulatory landscape which is considerably biased by regional and local regulations.

Published on: 25/02/2015
Payvision White Paper: International Expansion into Emerging Markets 2014

The white paper presents the results of a collaborative study by Payvision, a member of EPIF, and CardNotPresent.com which indicate a general reluctance by Western merchants to tackle emerging markets in the East. From these results the white paper identifies and explores the key business drivers and opportunities in cross-border E-commerce for online merchants in emerging markets.

The white paper presents the results of a collaborative study by Payvision, a member of EPIF, and CardNotPresent.com which indicate a general reluctance by Western merchants to tackle emerging markets in the East. From these results the white paper identifies and explores the key business drivers and opportunities in cross-border E-commerce for online merchants in emerging markets.

Cheng Liem Li, of Payvision, shared his thoughts on this publication in a blogpost in which he comments upon the remarkable result of the study which concluded that despite the many alternative payment methods, credit cards remain the preferred method of payment in ecommerce. Moreover, he remarks on the reluctance of Western merchants to expand in the East.

In addition, Payvision has provided infographics which present the online shopping behaviour across several emerging markets. They provide a useful and easily comprehensible visual of the payment processing trends and business opportunities for payment service providers and global acquiring banks, interested in international expansion.

Published on: 09/02/2015
Payvision blogpost: Predictions on payments industry evolution 2015

This blogpost provides, in a short video, an analysis of the facts and trends in the payments market in 2014 and predictions for the upcoming trends in 2015. Gijs op de Weegh, COO of Payvision, explains the impact these trends would have on merchants, PSPs and acquirers globally.

Published on: 02/02/2015
Payvision White Paper: Tapping into China – Comparing Chinese Ecommerce Trends and Opportunities with The West

This White paper produced by Payvision, a member of EPIF, compares the cultural differences, payment trends, social influences and customer expectations in the emerging markets in China with the established markets in Europe and the US. The importance of understanding these differences in highly important considering that ecommerce sales in China have now surpassed the value of those in the US, yet only 14% of the Chinese population purchase online.

This White paper produced by Payvision, a member of EPIF, compares the cultural differences, payment trends, social influences and customer expectations in the emerging markets in China with the established markets in Europe and the US. The importance of understanding these differences in highly important considering that ecommerce sales in China have now surpassed the value of those in the US, yet only 14% of the Chinese population purchase online.

Jin-Kit Koh, head of business development for Payvision in Asia Pacific, remarked upon this whitepaper in a blogpost. He acknowledges the vast potential of cross-border ecommerce in China but identifies a lack of knowledge about these opportunities. The blogpost contains a short video of industry experts expressing the opinion and advice.

Published on: 15/01/2015
Payvision blogpost: Visa Acceptance Risk Forum – Payments Regulation Insights

Ignacio Gonzalez-Páramo provides an overview of the key outcomes of the Visa Acceptance Risk Forum held in London on 25th-26th November 2014. The Forum brought together all payments chain stakeholders to share information and tackle the regulatory and reputational issues surrounding acceptance risk and online fraud. The blogpost includes a short video of the Forum andinterviews with the speakers.

Published on: 01/12/2014
Committee on Payments and Markets Infrastructure (CPMI) study on the role of non-banks in retail payment services

The Committee on Payments and Markets Infrastructures (CPMI) published a study on the role of non-banks in retail payments services and analyses the repercussions that the emergence of these entities has had on the retail payments industry. The report, conducted by central bankers, revealed a significant presence of non-banks in all stages of the payment process and across different payment instruments. After analysing the main issues and the implications for central banks the report concluded that the main issues relate to the potential impacts of non-banks on operational risk, level playing field issues, consumer protection aspects and the risks that might emerge if the outsourcing of payment services is concentrated in the hands of a few or one non-bank.

Published on: 06/10/2014
Payvision Blog post – Expanding your business: European Payments Regulation

In this short video Ignacio Gonzalez-Páramo, of Payvision, speaks of the challenges faced by players on the payments market trying to expand their business in Europe whilst navigating the regulatory landscape and provides tips on how to do so.

Published on: 03/09/2014
Tackling Internet Payment Security

The paper on Tackling Internet Payment Security is a paper co-written by PayVision and Innopay and presents an insight to the SecuRe Pay Forum Recommendations. Either than the observations on these Recommendations, the paper also provides insights for professionals in the online payments industry.

Published on: 10/07/2014
The Paypers (Volume 7, Issue 4)

The Paypers published on 4th May 2014 (Volume 7, Issue 4) its monthly paper focusing on updates related to SEPA. The paper discusses three main points:

  • Regarding the ECB Secure Pay Recommendations for the Security of Internet Payments, more clarity is needed. It is also essential to take into consideration the lack of a level playing field and the competitive disadvantage produced by these recommendations.
  • Additional elements need to be added on the proposed Interchange Fee Regulation.
  • How the non-regulated “massive payment volumes” in Europe would affect payment services and e-money products in the European market.
Published on: 04/05/2014
Payvision Infographics in Singapore

PayVision published in April 2014 an E-Commerce Payments Landscape Factsheet of 2012 for Singapore. The Factsheet contains general facts and figures on issues such as online shoppers, internet penetration, percentages and preferences of online payment methods and others. This factsheet also identifies the benefits and categories of cross-border e-commerce categories in Singapore.

Published on: 25/04/2014
Payvision infographics in Australia

In April 2014, PayVision presented the E-Commerce Payments Landscape Factsheet of 2012 for Australia. The Factsheet contains general facts and figures on issues such as online shoppers, internet penetration, percentages and preferences of online payment methods and others. This factsheet also makes reference to online shoppers’ activities in Australia and focuses on internet retail value.

Published on: 25/04/2014
Key Business Drivers and Opportunities in Cross-Border eCommerce

PayVision prepared a report in 2013 on cross-border eCommerce. This was the result of a global survey conducted in 2013 which included acquirers, merchant service providers, payment service providers and online merchants. The objective of the global survey was to identify and quantify the business drivers and challenges which stakeholders face across the online payment industry while trying to expand into cross-border eCommerce.

Published on: 19/12/2013
Digital Identity service providers – Connecting the fragmented e-identity market

Digital identity service providers are an evolutionary expansion of the e-identity ecosystem. The goal of this report is to identify the risks in e-identity and find balanced solutions. More particularly, the report focuses on an analysis of the following points:

  • Trusting the electronic identity;
  • Identifying the internet challenges on the identification process;
  • The fragmentation that could emerge out of the level of trust;
  • An overview of the global e-identity trends;
  • Proposed three generations of e-identity solutions; and
  • Identifying the e-identity landscape through the digital identity service providers.
Published on: 18/05/2013
Study on the Impact of Directive 2007/64/EC on payment services in the Internal Market and on the application of regulation (EC) no 924/2009 on cross-border payments in the community

The study on the Payment Services Directive (PSD) and the Cross-Border Payments Regulation focuses on examining the effects of the fees and charges for cross-border payments. The study covers pricing to a large extent and also the scope of the PSD and Cross-Border Payments Regulation and the impact on innovation. The study starts by looking who benefits from the PSD and then continues by analyzing the PSD and the existing market for payment services. More particularly, the study makes reference to payment services provided by credit institutions, electronic money institutions and post office institutions. The payment institutions are also subject to analysis in this study as well as the impact of this Directive and Regulation. Some further analysis is presented on the market structure and prudential rules, transparency, rights and obligations under the PSD and Cross-Border Payments Regulation.

Published on: 29/03/2013
Their role, Trends and Australian opportunities

The remittance sector helps transferring money around the world. This industry appears to be continuously growing according to this report and this sector is widely used for payment transactions in Australia. The report highlights the close collaboration between Australian banks and money transfer operators.

The report analyzes the following issues:

  • The functioning of the remittance sector : objectives, costs, risks and services;
  • A global overview of the remittance sector: patterns, recent trends and impact;
  • The remittance sector in the Australian financial sector: analysis of the remittance providers in Australia, migration flows in Australia, pricing and size of the remittance industry in the country;
  • Trends in payment arrangements: present techniques and trends of the sector; and
  • Public Policy issues: competition and money laundering issues, consumer protection aspects and  Australian Regulation.
Published on: 08/12/2012
Universal Commerce: A Seamless, Personalized Purchase Experience for Today’s Connected Consumers

The report on Universal Commerce is giving an overview of the transformation of consumer’s buying behavior in the eCommerce context. The report then highlights what the explanation of the universal commerce and illustrates the differences between online and offline experiences through various examples. The consumers perceptive and services necessary for the universal commerce are also illustrated in this report.

Published on: 04/12/2012
EU Remittances to Developing Countries: Remaining Barriers, Challenges and Recommendations

Earlier this year, DMA consultants (Leon Isaacs and Sarah Hugo) were commissioned by HTSPE and Eurotrends to produce and deliver the report: ‘EU Remittances to Developing Countries, Remaining Barriers, Challenges and Recommendations’.  Having spoken with over 100 contributors to the remittances and development agenda and visited a number of countries throughout the EU and Africa, the report is finally completed.  It is attached to this email. The report addresses many areas relevant to remittances with a focus on providing recommendations to the European Commission on how it can contribute effectively in this vital area. The report focuses on:

  • Data collection methods for remittances throughout the EU.  This includes migrant, remittance volume and pricing data;
  • An overview of the remittance markets in relation to the General Principles on Remittances;
  • Policy coherence throughout the EC Departments related to remittances;
  • An overview of the existing European payments environment and suggested improvements.  This section includes a review of the Payments Services Directive and its implementation throughout EEA;
  • A review of the role of information/price comparison portals and recommendations for the future approach.
Published on: 19/11/2012
Online payment Market Guide 2012

In collaboration with the Merchant Risk Council, E-Commerce Europe and Innopay, EPIF presented its view on the Cross-border Business Transactions. The paper presents the key barriers and opportunities for the cross-border transactions, as well as the solutions for online payments.

Published on: 17/11/2012
Migration and Development Brief

The Briefing on Migration and Developments produced by the Migration and Remittance Unit of the Word Bank presents the officially recorded remittance flows to developing countries for 2010. Furthermore the briefing highlights the growth rate of remittances by geographical area as well as the expected Remittance flows to developing countries and on a worldwide basis.

Published on: 23/04/2012
Working toward a Legal and Regulatory Framework

The World Bank Group published a report in 2010 which aims to analyze the legal and regulatory framework and identified a standard approach to the remittance sector. The remittance sector is functioning based on cross-border person-to-person payments of relatively low value. This report identifies the reasons the remittance sector has to be standardized. One of the main reasons is that payment transactions are usually conducted between two jurisdictions and it can be difficult to ensure the proper and legally compliance of both parties. Finally, the report presents the results from a survey conducted in 2008 on national regulatory authorities and global systems.

Published on: 04/02/2010
International Transactions in Remittances : Guide for compilers and users

This report presents an overview of the operation of international transactions in remittances. The report focuses on demography, transaction channels and regulatory aspects of remittances. Other issues the report covers are:

  • The concepts and components of remittances;
  • The data sources and estimation methods of international transactions;
  • The compilation and data processing issues in the international remittance sector; and
  • Dissemination issues in the remittance sector.
Published on: 19/12/2009
Risk-Based Approach Guidance for Money Service Businesses

The Risk-Based Approach Guidance for Money Service Businesses is divided into three sections. Firstly, the report underlined the usage of the guidance and purpose of the risk-based approach presenting the background, purpose, benefits and challenges of the Risk-Based Approach. Secondly, guidance for public authorities are analysed as well as the high-level principles for creating a risk-based approach and its implementation. Finally, the report concludes by presenting its guidance for money services businesses on implementing a risk-based approach.

Published on: 20/07/2009
General principles for international remittance services

The Word Bank published a report on general principles for international remittance services in January 2007. The report focuses on the issues listed below:

  • The analysis of the key issues concerning remittance services such as the lack of transparency and understanding, infrastructure issues, legal and regulatory framework, lack of competitive market conditions and risks.
  • General principles for international remittance services for instance the public policy objectives, the general principles and their application, the role of remittance service providers and public authorities and  formulating an approach to implement the general principles.
Published on: 16/01/2007