Ecommerce Trends: How Will The Payment Industry Be Impacted?

Ecommerce continues to evolve, and 2017 is likely to be an essential year for ecommerce and the payment industry. While we can’t offer an exhaustive list of everything that’s likely to change this year, we can offer some comments on ecommerce trends 2017 is likely to see along with some ideas about how things will change for the payment industry in 2017.

Chatbots will operate

 Google Allo, Facebook, WhatsApp, Twitter, and other services are now offering bots that can help with booking, shopping, and customer service. Consumers will need to become familiar with and comfortable with interacting with talking machines. Sometimes called conversational eCommerce, this trend brings a little naturalness back to the mechanical online shopping experience.

Artificial intelligence will integrate people’s lives

In fact, many people already use AI devices like Amazon’s Alexa and Apple’s Siri every day. There is Google’s Assistant and Microsoft’s Cortana too. Increasingly, we expect people to order using an AI device. All e-commerce brands need to keep a watchful eye on how changes in human interaction with artificial intelligence impact their industries.

Mobile gets even bigger

Mobile traffic has already overtaken desktop traffic on the web as a whole. Also, mobile payments are becoming increasingly popular too. Increasing acceptance of mobile payments by a consumer is among the trends we expect in the payment