By Maureen Elworthy
Grocery Industry Head, J.P. Morgan Merchant Services
By Maureen Elworthy
When the competition is just a click or swipe away, today’s grocery shoppers prefer simple, seamless and uniquely rewarding digital-first experiences.
81% of Americans own a smartphone. (Source: Pew Research Center)
Make every product and service available to shoppers through branded online and mobile experiences that make shopping, paying and delivery simple and convenient.
48% of businesses say customers are sensitive to “friction” caused by antifraud measures. (Source: Kount)
Reduce cart abandonment and drive sales conversions with well-informed, risk-based authentication.
78% of surveyed consumers have shopped online for groceries since the COVID-19 outbreak. Source: Supermarket News
Make it easy to shop and pay online, then pickup curb-side or in-store.
99% fewer chargebacks can be achieved with dynamic fraud protection. (Source: Kount)
Dynamic fraud controls at checkout are a powerful way to identify and prevent payment fraud.
30% of total food and beverage sales will be made online by 2025.
(Source: FMI and Nielsen)
API flexibility and cloud platform scalability provide the agility needed to serve today’s shoppers and prepare for tomorrow’s.
J.P. Morgan makes it easy for grocers to connect, interact and transact with millions of consumers. Our end-to-end digital payment and treasury solutions feature:
To learn more about contactless payment acceptance, contact your J.P. Morgan representative.
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