Household Appliance Stores, Lumber & Building Stores, and Automotive Tire Stores will be among the “winners” in December consumer spending, according to ETA's U.S. Retail Holiday Spending Report Card, powered by TSG. TSG used predictive modeling to relatively “grade” estimated credit/debit same store sales for the month of December, which established the winners. The data leveraged is sourced from TSG’s data warehouse of over 3.5 million card-accepting merchants in the U.S. and the modeling utilized 57 consecutive months of spending by merchant type (MCC code).
Retail Holiday Spending Report Card
TSG Cyber Monday Big Data: Year-Over-Year (YOY) Holiday Growth
Using The Strawhecker Group's (TSG) data warehouse of over 3.5M merchants, TSG has prepared a illustration showing three years of YOY credit/debit sales growth for eCommerce only U.S. stores.
Election Impact on the Payments Industry - TSG's Take
It's been a little more than 48 hours since the most surprising and tumultuous presidential election in memory. With a Donald Trump win and the House and Senate staying in Republican hands, there are a lot of potential effects from these results. TSG has reviewed comments from many pundits as well as experts in the industry and compiled our thoughts on the elections impact on the payments industry.
Money 20/20 Exclusive: The Merchant Perspective on EMV
Over the past month, The Strawhecker Group (TSG) surveyed U.S. small and medium-sized merchants on EMV. For the survey, TSG defined this as merchants with physical locations and less than $2.5 million in annual sales. Check out some of the results.
Stay tuned, TSG will be releasing more merchant insights in the coming weeks!
TSG/ETA Release New Economic Indicators
The Electronic Transactions Association, in partnership with The Strawhecker Group, is pleased to release this Strategic Leadership Forum (SLF) special report on the U.S. economy, focused within the context of the electronic payments ecosystem. This report is a member benefit provided to the ETA's 500+ worldwide member companies.
- U.S. Macroeconomic Outlook
- The Global Payments Opportunity
- Performance of Public Payments Companies
- Attrition & Growth Statistics
- EMV - The Anniversary
Please login and navigate to 'Member-Only Content' to download Economic Indicators.
TSG Big Data: Average Life of Merchants in the U.S.
Q: What is the average life of a merchant by average ticket size?
A: TSG completed an analysis utilizing its merchant database of 3.5 million merchants to answer this question. Check it out here.
Assumptions & Definitions:
All metrics are Jun’16
Average Life of Attrited Merchants is the average number of months a merchant is active before attriting.
Data represented above is for merchants with $50K-$100K in annual $ volume.
Now Available: Attractive Vertical Analysis (AVA)
This report, utilizing data from TSG's proprietary data warehouse of over 3.5M merchants, lists 282 merchant types and includes key metrics on each of them including volume statistics, profitability, and attrition. Using the Profitability and Attrition Metrics, a score is assigned to each merchant type. This is the "attractiveness" of the merchant.
TSG Exclusive Interview with CardConnect's CEO, Jeff Shanahan
On July 29th, 2016, CardConnect announced the completed merger with Fintech Acquisition Corp. CardConnect is an innovative and growing payment technology company, providing payment solutions to more than 65,000 large enterprises and small to medium sized businesses. In 2015, CardConnect had $21 billion in annual processing volume with 256 million processed transactions. With the closing of the deal, CardConnect became a wholly-owned subsidiary of FinTech Acquisition Corp., and FinTech has been renamed CardConnect Corp. With that said, the CardConnect common stock started trading on August 1, 2016 on the NASDAQ under the symbol “CCN”.
Recently, several members of The Strawhecker Group (including TSG’s co-founder Kurt Strawhecker, Senior Associate Ray Sobczyk and Business Intelligence Manager Jared Drieling) sat down with CardConnect CEO Jeff Shanahan to understand how going public will impact CardConnect and what payment opportunities the company will put on its sights going forward. After all, one of the main reasons fast-growing companies go public is to fund further expansion.
Quick Take: What Does Brexit Mean for Payments?
Commentary by Mike Strawhecker & Jared Drieling
Now that the British public has voted to exit the European Union (EU), the UK will no longer be required to implement or follow any EU payments legislation which could clearly impact the payments environment. What will happen to the Single European Payments Area (SEPA)? Will the UK still follow the EU payment initiatives such as the Payment Service Directive (PSD2), interchange fee regulations (and the common interchange fee (MIF), money laundering rules or the Directive on Transparency and Comparability of Payment Account fees?
Quick Analysis: Payments Industry Size & Opportunity
In the U.S., the top 100 merchants make up 38% of debit/credit card volume and 3.5% of the merchant outlets.
Check out the quick analysis, which illustrates a look at the difference between the top 100 merchants and all other merchants in the United States in terms of dollar volume and merchant outlets.