Paysafe has published the fourth edition of its Lost in Transaction report series. The research focuses on the small and medium business sector, and how these merchants plan to stay competitive as the current wave of new payments technology hits the market.
Paysafe surveyed businesses in the US, Canada, UK, Germany, and Austria to discover:
- What they see as their biggest opportunities and pain points as we head into 2019
- The major causes and magnitude of abandoned transactions
- How online and in-store merchants plan to balance the seemingly competing priorities of more frictionless payments and the risk of fraud
- Whether contactless payments adoption is on the agenda for SMBs in the US