Best of the week: how to make money on YouTube, omnichannel retailing explained, facial recognition on the rise

Best of the week: how to make money on YouTube, omnichannel retailing explained, facial recognition on the rise

We’ve gathered some of the best and most interesting articles over the last week.

1. How to make money on Instagram

The platform presents a huge opportunity for brands to boost their sales. At the same time, it is a great chance for all Instagram users to make extra money.

2. India donated 100,000 COVID-19 vaccines to Nigeria

100,000 doses of Covishield vaccines have been donated by the Government of India to Nigeria. PaySpace Magazine anticipates that the act of COVID-19 vaccine donations worldwide is likely to accelerate the vaccination rate. However, clinical trials showed that Covishield (aka AstraZeneneca) is not effective against particular COVID-19 variants, including South African.

3. What is omnichannel retailing?

Let’s dive into the core concepts of omnichannel retail – the cornerstone of high-quality customer service.

4. Online purchases accounted for over $900 billion in online retailing

In 2020, online purchases accounted for over $900 billion in online retailing globally. Out of every $5 spent in purchases, $1 was via e-commerce. PaySpace Magazine anticipates that consumers will increase spending on buying leisure activities stuff in both worst-case and best-case COVID-19 scenarios.

5. Top 10 delivery companies in the US

Let’s track the industry dynamics with this top-10 list of the best delivery services in the US (in alphabetic order).

6. Europeans made 1B additional contactless payments: Visa

Visa announced that it has processed 1 billion additional contactless payments when consumers previously had to enter their PIN, as consumer confidence in contactless payments continues to grow. PaySpace Magazine anticipates that Visa is likely to keep this tendency as the coronacrisis showed major advantages of contactless payments.

7. How to make money on YouTube

Here’s why YouTube is the perfect money-making channel for making money.

8. Number of people using facial recognition for payments to rise by 120%

Apple’s implementation of FaceID is accelerating the growth of the broader face recognition market. PaySpace Magazine anticipates that the boost of the facial recognition software market will drive the smartphone market.

9. Is the current stock market expensive?

The year 2020 was a time of uncertainty for the stock market. The global market initially tanked when COVID-19 cases began springing up in all parts of the world.

10. Over 100M Americans to use in-store remittance apps: report

The use of mobile payment solutions has increased since the onset of the coronavirus pandemic. PaySpace Magazine anticipates that contactless payments are likely to account for at least 50% of total wallet spend in five years. The coronacrisis has made an irreversible impact on the payments industry by shifting customers’ preferences from cash towards e-payments.