PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. And according the the Atlanta-based building supplies retailer, that flaw is putting both customers and retailers at risk.

Retail 100

Retail Cards Data Atlanta 100

PYMNTS

FEBRUARY 10, 2017

Fast food chain Arby’s confirmed that credit card data was stolen from thousands of its customers due to a data breach that took place last month. Though the retailer wasn’t named at the time, PSCU said more than 355,000 credit and debit cards issued by PCSU-associated banks were compromised in the data breach.

Data 100

Data Cards System National 100

PYMNTS

SEPTEMBER 23, 2016

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. Credit card balances rose 3.4

Cards 100

Cards Report National Millennials 100

PYMNTS

OCTOBER 26, 2016

As the conference kicked off in Las Vegas last October, merchants and retailers around the United States began dealing with the effects and fallout of October’s EMV liability shift, as the technology became the standard for all retail payments. ” Biometrics coming on big.

Security 100

Security Mobile Las Vegas User Experience 100

PYMNTS

SEPTEMBER 26, 2016

Halloween sales, which would amount to an all-time high, according to data provided by the National Retail Federation. Retailers are preparing for the day by offering a wide variety of options in costumes, decorations and candy, while being aggressive with their promotions to capture the most out of this shopping event.”.

social media 100

social media Survey Retail National 100

PYMNTS

SEPTEMBER 18, 2020

The year was 2016. The Nation: “Amazon’s many tentacles provide it with novel ways to strong-arm suppliers.”. percent of retail spend. In 2016, it logged $20.5 Even in the early days of 2016, Amazon had 25 percent of eCommerce spend in the category, on its way to 40.5 In 2016, it was $7 billion.

Comparison 163

Comparison Seattle Retail Branding 163

PYMNTS

MAY 12, 2017

May flowers did not appear for retail earnings, unless you consider a bouquet of stinkweed a blanket of blossoms. And given the fact that last year Chinese tourists traveling abroad spent $261 billion (according to the United Nations World Tourism Organization), a fair slice of that spend could wind up in U.S. businesses’ coffers.

Retail 108

Retail Mobile Baltimore Management 108

PYMNTS

JANUARY 8, 2020

The continuing push by the country’s government may find friction, with debit cards as the epicenter — making the cards, essentially, free for merchants to accept may have repercussions elsewhere in the payments ecosystem, as others shoulder the cost. Of that tally, as many as 500 million of the cards are RuPay cards.

Cards 130

Cards Payments Course National 130

PYMNTS

FEBRUARY 23, 2017

In years past, this money was typically spent on things like paying off credit cards, buying new clothes or taking a trip somewhere exotic. That day is when the IRS hands out tax refund checks from the previous year’s tax filing. Not this year. Here’s the breakdown: Everyday expenses. Major purchases (such as televisions, furniture, cars).

Taxes 100

Taxes Survey Analytics National 100

PYMNTS

AUGUST 8, 2019

We achieved over 600 million transactions in July, which includes payments through Paytm Wallet, Paytm UPI, cards and net banking. UPI is starting to become the favored way to pay for smaller retail transactions in India, with around 143 banks live on the payments network.

Google 141

Google Apple Payments National 141

PYMNTS

NOVEMBER 8, 2018

RuPay accounts for more than half of India’s one billion debit and credit cards, and yet Mastercard and Visa still process the majority of the tens of billions of dollars in payments transactions logged monthly, and where the figure was $51 billion in August. Jaitley noted that the total transaction value for RuPay was $1.1

Marketing 157

Marketing Cards Course Payments 157

Let's Talk Payments

SEPTEMBER 16, 2016

New survey of national online retailers from Ingenico ePayments and InternetRetailing reveals an awareness of the benefits of localization but dissatisfaction with current capabilities London, UK – 13 September 2016.

Online 40

Online Retail Survey National 40

PYMNTS

SEPTEMBER 25, 2017

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. Retailers are helping customers celebrate in style, with a huge selection of costumes, candy and decorations to cater to ghosts and goblins of all ages.”. billion, up 8.3 percent from last year’s previous record of $8.4

social media 130

social media Retail National Online 130

PYMNTS

APRIL 24, 2017

And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. and yes, this looks like card data breach. American Express cards, from time immemorial, has signaled affluence among holders — particularly the Platinum Card. Can we say we told you so?

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. Card payments are also popular in Canada, with credit comprising nearly 22.9

America 128

America Mobile Cards Study 128

PYMNTS

FEBRUARY 14, 2018

In 2016, Mexico’s predilection for cash outpaced that of neighboring nations with a cash share of 26.1 PYMNTS found Mexico has a low rate of ATMs, bank branches and POS systems per 100,000 people compared to other nations. In 2016, the nation’s cash share of GDP stood at 26.1 percent) and the U.S. About the Index.

Data 130

Data ATM National Online 130

PYMNTS

JUNE 19, 2018

Debit Cards. Sixty-one percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was debit cards. RBR , a strategic research and consulting firm, recently published its “Global Payment Cards Data and Forecasts to 2022” report. Gift Cards.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

APRIL 25, 2017

According to the National Retail Federation’s (NRF) fourteenth annual survey, consumers are set to spend a record-breaking $23.6 billion in 2016. billion on gift cards (45 percent). Mother’s Day is just around the corner, and people are planning what to purchase to celebrate the women in their lives.

Analytics 101

Analytics Survey Millennials National 101

PYMNTS

FEBRUARY 13, 2020

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” He said that growth in new acceptance is a top priority, and encompass rent, tuition, sports wagering and unattended retail and mobility (such as with scooters).

Payments 163

Payments Regional America Cards 163

PYMNTS

JANUARY 10, 2017

According to research from Visa , cash withdrawals and card spending in the last months of 2016 grew by an average of 2.8 Jenkins noted that the overall growth was boosted by Christmas-related activities and a national sales drive. Despite the concerns and challenges that have arisen since last year’s Brexit decision, U.K.

Online 100

Online Retail US National 100

PYMNTS

DECEMBER 23, 2016

They are asking more from their retailers and merchants. The $1 trillion total is the result of a nearly 4 percent increase over last year, according to Deloittes’s 2016 Holiday Survey. Quit searching for that “perfect gift” — more than 40 percent of people just want a gift card. Are you using a mobile device to buy presents?

US 100

US Survey Retail Mobile 100

PYMNTS

JANUARY 19, 2018

” This technical glitch is the latest issue with Wells Fargo, which has been facing a stream of scandals since 2016, when it was discovered that employees had opened as many as 3.5 million fake accounts in the retail banking units. To have your bank make it harder is inexcusable.”

Online 102

Online Payments National Retail 102

NCR

MAY 2, 2018

Steady growth in card payments has been one of the strongest trends in the global financial services industry in recent decades. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9 It’s something we have seen in many markets around the world.

Cards 73

Cards ATM Payments Trends 73

PYMNTS

JANUARY 31, 2018

The case has become an unusual confluence meetup of varied interests tied to how American Express conducts its business and how consumers and merchants interact with credit card companies … and all manner of companies across all manner of two-sided market verticals. Last month, retail associations filed a joint amicus brief in the case.

Cards 102

Cards Marketing National Retail 102

PYMNTS

FEBRUARY 11, 2019

In an interview with the reporting publication, Lunar Way Founder Ken Villum Klausen said the payment licenses enable the company to direct banks to make payments, pay bills or make retail purchases from their accounts. You can pay bills, transfer money, set a budget, do saving goals, manage your card, etc. million ($4.5

Capital 108

Capital Fintech National Report 108

BankBazaar

NOVEMBER 18, 2021

The 25th of August in 2016 was a significant day. In 2011, just a small percentage of the approximately 10 million retailers expected card payments, according to the same paper and around 145 million households were not connected to the banking system. UPI has revolutionized the way we transact. How it works?

Payments 78

Payments Cards System National 78

PYMNTS

JULY 21, 2017

Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well. Fraud varies country to country, region to region.

Fraud 116

Fraud United States Regional Cards 116

PYMNTS

NOVEMBER 19, 2020

We are strong believers that the future of grocery retail involves getting customers the best quality food, exactly when they want it, with the best customer service. The funds, according to the firm, will go toward expanding the online grocery business nationally. Even retailers' rationing is a demonstration of lessons learned.

District of Columbia 142

District of Columbia North Carolina Retail Online 142

PYMNTS

JANUARY 29, 2019

Aetna said the launch of Attain builds on a partnership Apple and Aetna inked in 2016 in which 90 percent of participants reported receiving a health boost from their Apple Watch. The accumulated points can go to defray the cost of the Apple Watch or can be used for gift cards from participating national retailers.

Apple 134

Apple Exercises Meeting National 134

PYMNTS

JANUARY 24, 2020

card issuers to get the project off the ground. and Synchrony Financial have all expressed interest in enabling their customer card accounts to work with the emerging tech, according to sources. The main concerns are around security, particularly the worry that bad actors will attach stolen card data to their handprints.

Apple 132

Apple Retail Report Cards 132

PYMNTS

NOVEMBER 11, 2019

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

NOVEMBER 10, 2016

The year 2016 has not been an easy one for Target — as its same-store sales have slipped, grocery has been an ongoing problem, and Target finds itself increasingly squeezed from two sides: by an expanding Walmart in the physical world and an ever-growing Amazon online.

Course 145

Course Groups Online Trends 145

PYMNTS

FEBRUARY 26, 2018

Starbucks and Chase announced in February that they were rolling out a Starbuck Rewards Visa Card, a co-branded credit card integrated with the Starbucks Rewards loyalty program. Customers also receive exclusive perks and benefits with the credit card. Burger QSRs scored an average of 36 on the index.

Mobile 109

Mobile Innovation Payments Miami 109

PYMNTS

APRIL 30, 2020

This means it is critical that online merchants quickly learn which payment methods are most wanted in each country and identify the markets most receptive to more international purchasing tools like global credit cards. Cards can be critical to serving the U.K. and Scandinavia. Such payments are not as popular elsewhere, however.

Payments 131

Payments Cards Online Resources 131

CFPB Monitor

DECEMBER 16, 2016

.” The tool, which was released in beta version, tracks originations for mortgages, credit cards, auto loans, and student loans. According to the CFPB, the tool uses information taken from a nationally representative sample of credit records maintained by one of the top three U.S. Through October 2016, 22.9

Tools 60

Tools Trends Lending Cards 60

PYMNTS

APRIL 11, 2017

This past week, the big box retailer’s shares got a boost upon the bell on Thursday morning, with prices up early—3 percent in the first hour of trading—to $171.45. International food retail group Ahold Delhaize (AD), meanwhile, continues its downward trajectory first seen at the end of February. percent to $29.73. units saw 3.2

Texas 101

Texas Louisiana Oklahoma Retail 101