Adyen Index: Retail Report 2024
Balancing customer experience and business efficiency
This report combines insights from consumer and business research and industry experts to uncover how retailers can find the perfect balance between customer experience and business efficiency.
We surveyed
consumers
businesses
markets
Walking the line
Against a backdrop of changing regulations, new payment methods, new technologies, new competitors, and new business models, retailers in Singapore face the challenge of maintaining differentiation while ensuring efficiency.
Expectations are high and budgets are tight. But challenging times often provide the richest growth opportunities. New technology and rising customer expectations are helping to raise the bar across the industry. And the Singaporean retailers that stay ahead of the curve, will reap the rewards. The key to success is staying on top of customer demands without adding unnecessary complexity to your business, which poses the question:
How can retailers in Singapore balance amazing customer experience with operational efficiency?
of Singaporean consumers will abandon a purchase if they can’t pay how they want
of businesses in Singapore that connect their backend systems reported increased sales
higher revenue growth is predicted by Singaporean businesses that know the majority of their shoppers
of Singaporean consumers feel more unsafe shopping today than they did 10 years ago because of payment fraud
Unlock the full report
Customer experience and business efficiency are often seen as opposing forces. However, our research finds that combining the two can unlock exciting growth opportunities.
Enter your details to unlock the report.
By submitting your information you confirm that you have read Adyen's Privacy Policy and agree to the use of your data in all Adyen communications.