SME retailers forego £1.6bn as tech-savvy shoppers search for new ways to pay

The findings reveal that nearly half of millennial shoppers are opting to pay using a “next generation” payment solution including online “invisible” payments, where card and shipping details are saved in advance of transaction (such as one-click ordering), and “conversational” payments, where digital personal assistants such as Amazon’s Alexa are used to make a purchase. […]