Recent Release | 28 Oct 2020
Black Boxes and Paradoxes: The Real Cost of Disconnected Payments
The Hidden $20.3 billion: The Cost of Disconnected Payments. Download the new report to discover how payments can act as a source of value and innovation, featuring strategic insights from payment leaders at Microsoft, Uber and Deliveroo.
This new report with leading FinTech Checkout.com delves into the true cost of false declines to merchants and the digital economy, what customers are willing to pay for better payments and how fast-growing brands approach payments.
Key findings include:
-
False declines cost merchants $20.3 billion last year, with $12.7 billion of that given away to competitors and $7.6 billion simply lost
-
60% of merchants don’t think that their payments data adds value to business strategy or innovation
-
Super high growth (41%+ year on year) companies are more likely to have an authorization rate of 96-100% than other businesses
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
EMEA
Paul Donnelly
020 3910 8000
Email
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia
Rhianne Clark
+65 6850 0112
Email
Related Services
Post
From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Sweden
This study assesses YouTube's contribution to GDP and employment in Sweden, and its broader impact on society and culture.
Find Out More
Post
Från möjlighet till påverkan – Utvärdering av de ekonomiska, sociala och kulturella fördelarna med YouTube i Sverige
Denna studie utvärderar YouTubes påverkan på Sveriges BNP och sysselsättningsgrad samt samhället och kulturen.
Find Out More
Post
The economic importance of motorcycles to Europe – technical report
Motorcycle-related activity supports €21.4 billion of output (GDP) across Europe a year, sustains 389,000 jobs, and generates €16.6 billion of tax revenues, according to research by Oxford Economics.
Find Out More