Retail Report 2024

Get smart with payments for clothing and accessories shoppers

Person making a payment on their phone

Set the trend in clothing and accessories with excellent customer experiences that prioritize efficient payments and fraud prevention models.

Inspire shoppers and sell on every channel

The opportunity

The way people buy clothing and accessory fashion has changed. Gen Z and Millennials tend to combine in-store and online shopping seamlessly, through social commerce.

That’s where the potential for differentiating your brand lies. Despite the popularity of online shopping, the data highlights the need to enhance in-store retail environments to complement the ease of online shopping, and cater to a significant portion of consumers who still prefer shopping in-store. Diversifying the payment options available is key.

Integrating online and physical store experiences requires enhanced coordination and optimization across channels, ultimately improving efficiency and the overall retail experience for customers.

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