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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

You’re making a purchase at a retail store, and the cash register is large, clunky, and painfully slow, even for 2004. Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Why Is Adding Mobile Payments Important to Businesses Today?

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Epic Games Versus The App Store: A Fight for Autonomy and Freedom in the Ecommerce Era

FastSpring

Note: Apple announced that it would be reducing the App Store fee from 30% to 15% for most developers starting on January 1st, 2021. For app entrepreneurs and ecommerce store owners, the battle to be noticed in the marketplace is ongoing. Epic Games wants to take control of their online sales with its own marketplace.

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Why India Leads in Digital Payments

Andreessen Horowitz

Over the past decade, India’s central bank—the Reserve Bank of India (RBI)—has become one of the most proactive regulators in the world, advancing the digitization of payments and financial services at a rapid pace. Most importantly, perhaps, was the introduction of UPI in 2016—an instant, free national mobile payment system based on Aadhaar.

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5 Interesting Learnings from Shopify at $4 Billion in ARR

SaaStr

Shopify’s first quarter revenue: Q1 2021: $989 million Q1 2020: $470 million Q1 2019: $321 million Q1 2018: $214 million Q1 2017: $127 million Q1 2016: $73 million Q1 2015: $37 million Q1 2014: $19 million Q1 2013: $9 million. Cloud and ecommerce may end soon, but it hasn’t ended yet. 110% growth at $4B in revenues.

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5 Interesting Learnings from Toast at $500m in ARR, and a $3B Total Run Rate

SaaStr

While its software has decent margins of 66%, software is only 10% of Toast’s total GAAP revenue. It loses money on the hardware (gross margin negative) and the payments solutions have barely a 20%+ margin and constitute the vast majority of revenue today. Mediocre margins in payments. And a few bonus notes: #6.

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SaaS Is Growing Up: 4 Business Model Changes To Adopt with Notion Capital

SaaStr

PST, Stephanie Opdam, Partner at Notion Capital, shares four business model changes that will allow SaaS companies to build resilience and staying power over time. Now, the lows appear to stabilize around the levels we saw in 2016. Those methods no longer work, and it’s time to adapt. You don’t want to be there.

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What to Expect When You Switch to a Full-Service Ecommerce Solution

FastSpring

Ecommerce is big business. billion online in 2017, the highest growth rate since 2011. There are thousands of companies selling online to millions of customers, but what’s the best way to sell? On paper, point solutions – like a basic payment service, seem like a good idea. spent $453.46