Invesp published a infographic regarding how social media influences purchase decisions. As recent news showed (Twitter teaming up with Stripe, Report: On-site social descovery going mainstream, Pinterest gets an e-commerce promotion) there is a rise of new, social e-commerce on the market. Which can be a future of cross-border e-commerce - customers will be searching more and more for items shared on social sites.

Infographic by- Invesp

Vouchercloud prepared a infographic regarding consumer psychology and the e-commerce checkout. Knowledge of consumer psychology and their expectations during a checkout can be usefull in building a good cross-border e-commerce system.

Jumio published a report, where it is said that mobile commerce missed out on USD 16 billion over the 2013 holiday season.

"51% of consumers opted to abandon their digital shopping carts because of security reasons. These people did not believe that a mobile commerce platform would be capable of keeping their financial information safe."

"47% abandoned carts because of difficulties regarding mobile payments, while 41% claimed that a mobile commerce platform they were using was simply too difficult to manage."

"23% of consumers reported that their transactions would not go through during the checkout process, causing them to seek out more convenient forms of shopping."

According to WorldPay, online purchases made using alternative payment methods are expected to rise to 59% in 2017 (from 43% in 2012).

"Card payment market share (including credit and debit) will decline to 41% in 2017 (from 57% in 2012)."

"E-wallets will equal cards as the most popular payment method globally, with each predicted to have a 41% share of the overall payments market."

"In 2012, USD 295 billion was processed through e-wallet payments. This is set to rise to USD 1,656 billion by 2017."

"The study reveals that mobile ownership is highest in Europe (88%) but smartphone ownership is the highest in North America (54%). (...) The value of mobile transactions will increase to USD 117 billion by 2017 (from USD 18 billion in 2012)."

Also, it predicts that specialised mobile payment solutions will grow as technology advances and smartphone penetration rates rise. Which is supported by recent news about new mPOS, m-commerce & m-banking solutions being launched (AnywhereCommerce, Emerge Mobile, Cumberland Building Society, Gemalto, OP-Pohjola Group, Sterling Bank, Argent Bank, Bank of America).

It was announced that payment services provider Payoneer has partnered logistics and fulfillment services company Quantium Solutions to "provide global cross-border payment solutions for the latter’s international e-commerce and mail-order business operators".

"Quantium customers can become Payoneer accountholders, so they can receive commercial payments from companies in the US and around the world. Payoneer’s service can be used by a wide range of international e-commerce and mail order business operators, providing customers with full control over their money and enabling them to withdraw funds to their local bank account or at local ATMs."