Hundreds of merchants and industry thought leaders met in a virtual session for the 2021 Merchant Advisory Group (MAG) Mid-Year Conference, February 23-25, 2021.
As challenges and opportunities created by COVID-19 and the convergence of physical and digital commerce were discussed, here are five key takeaways we noted from MAG’s Mid-Year Conference.
As many retailers look to close the gap from the economic fallout of the pandemic, offering installment payment plans is seen to be key to attracting digitally savvy consumers and unlocking strategic value from payments.
The demand for blended online and in-store shopping experiences, including buy online, pick-up in store (BOPIS), surged during the pandemic increasing the long-term importance of seamless and convenient omnichannel customer journeys.
As COVID has dramatically expedited the shift to contactless and cashless, QR Code payment technology will continue to rise in the U.S. Merchants offering this secure solution can transact with more consumers while also creating a more personalized and data-driven path to purchase.
Capturing and analyzing data across a merchant’s payment ecosystem is becoming key to not only optimizing revenue and fraud mitigation but also creating uniquely rewarding and highly differentiated customer experiences.
To create and grow enduring customer relationships across all age groups, merchants need to stay on top of consumers’ preferred payment methods. Failure to accept locally preferred payment types could cost a merchant revenue and customer loyalty.
As digital technology transforms the way value is created and exchanged, a world of opportunity exists for merchants that can make the most of every transaction.
J.P. Morgan enables both start-ups and established brands to capture, grow and protect revenue while unifying and aligning cross-border payment and cash management strategies.
To learn more, please contact your J.P. Morgan representative.
Enhancing capital efficiency and fuelling long-term growth with working capital optimization
Dec 01, 2023
Through insights derived from the analysis of working capital metrics, this report aims to help treasury and finance professionals for Japanese companies track working capital trends and guide their initiatives to optimize working capital management for recovery and growth.
Supporting future strategies: Working capital index Latin America 2023
Nov 30, 2023
Through insights derived from the analysis of working capital metrics, this report aims to help treasury and finance professionals for Latin American companies track working capital trends and guide their initiatives to optimize working capital management for recovery and growth.
Data helps ease the pain of cross-border payments for Financial Institutions (FIs)
Nov 30, 2023
There are several challenges involved in cross-border payments, but the data that is associated with each transaction can help alleviate those obstacles for financial institutions.
Payments do more than you think for insurers
Nov 28, 2023
Delivering efficient, dependable solutions at scale with the security you’d expect from a trusted payments innovator.
How AI will make payments more efficient and reduce fraud
Nov 20, 2023
Artificial intelligence (AI) is expanding the payment capabilities of non-bank financial institutions, according to a panel at this year’s J.P. Morgan NBFI Leaders Forum in Sydney.
Enhance your social commerce strategy with payments innovation
Nov 07, 2023
Social commerce has become an integral strategy supporting all business globally across industries.
Driving advanced cross-currency payments for financial institutions
Nov 06, 2023
See how this one innovative global solution can help you rethink the way you do cross-border business.
Helping pay for the cost of college
Oct 31, 2023
How friends and family can contribute funds towards a child’s future education expenses, using debit cards to gift to a 529 account
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.