PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

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PYMNTS

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores. Larger Trends.

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PYMNTS

APRIL 10, 2019

certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards. From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers.

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Retail Payments Mobile Apple 259

PYMNTS

JANUARY 20, 2021

Other than small things like a pen or providing staff with free coffee, anything given to employees that has a clear cash value attached to it is considered taxable by the IRS, said Nat Salvione , chief commercial officer of Tango Card. However, he added, the tax implications should not exceed the cost and purpose of the present. “We

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Taxes Cards social media Management 233

PYMNTS

JUNE 9, 2020

Consumers whose wallets are bulging with gift cards issued by now-bankrupt retailers should think about spending them now — since they may become worthless. In fact, it’s the bankrupt retailers that may pocket the millions of dollars in unused prepaid gift cards. That’s about $2 billion to $4 billion. “It

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Cards Retail Groups Chicago 131

PYMNTS

NOVEMBER 25, 2020

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2 About The Tracker.

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Report Trends Payments United States 260

PYMNTS

FEBRUARY 4, 2020

The changes, reported by Bloomberg, outlined in a document sent by the payments giant to banks, would be the most sweeping structural change in a decade. pay to accept Visa cards. As reported, the swipe fees, which are charged each time a customer uses a card to pay, would go up or down depending on the setting or merchant category.

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Report Cards Examples Payments 167

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. A client can find the data on a Teletrac Navman fuel usage report to make sure that drivers are adhering to the correct routings and not paying too much for fuel.

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Management Cards Innovation Fraud 238

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. As it turns out, the technology can also ease friction for suppliers' AR operations, too.

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Cards Tools Payments Technology 199

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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Cards Capital Tools Fintech 164

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Millennials to the Rescue.

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Retail Millennials Cards social media 183

PYMNTS

MARCH 1, 2019

Supermarket firm Kroger has expanded its ban on accepting Visa credit cards, stating on Friday (March 1) that its Smith’s Food and Drug unit will stop offering that payment option beginning April 3. The move follows 2018 bans on the payment giant’s cards at Kroger Foods stores located in the state of California.

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Cards California Retail Payments 193

PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. From Walgreens to HP , retailers and technology providers are embracing the world of mobile payments through the help of point-of-sale technology.

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Retail Technology Atlanta San Francisco 213

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A

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Banking Trends Retail Trends Community Bank 151

PYMNTS

JUNE 10, 2019

Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a secured card, and the firms also will offer budgeting tools.

Cards 190

Cards Security Survey Tools 190

PYMNTS

JANUARY 8, 2021

businesses to create jobs, months into a global pandemic that, as is well-known, has disrupted Main Street SMBs’ operations. In terms of the headline numbers reported by the Labor Department (via the Bureau of Labor Statistics), non-farm payrolls dropped by 140,000 jobs – a significant departure from the 50,000 gains that had been expected.

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Trends Report Survey Maine 211

PYMNTS

AUGUST 28, 2020

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. Trackers and Reports. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Fun, Cool, and Otherwise Interesting.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. Going cashless has long been a conversation in the consumer payments world, but a report from HSBC in the U.K.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet.

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Report Payments Millennials Cards 228

PYMNTS

MAY 29, 2019

However, all three entities will operate separately. Although the three strong brands have been consolidated under one entity, they will continue to operate independently within their distinctive markets,” said Sureswipe MD Paul Kent, according to IT Web. “We We believe each provides a distinctive client solution.

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Cards Fintech Retail Operations 162

PYMNTS

JUNE 8, 2020

As evidenced by last week’s PYMNTS’ card on file report , consumers are ready and willing to keep their data with retailers, both online and offline, in exchange for frictionless experiences. Case in point: The most recent jobs report shows that companies that specialize in eCommerce infrastructure added jobs in May.

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Retail Study Online Data 167

PYMNTS

JULY 24, 2020

Creating secure, convenient experiences for sellers and buyers alike is critical to eCommerce marketplaces looking to serve the retail sectors’ new needs and to help platforms appeal to more users. The collaboration is expected to give Visa’s global merchant and card network access to M-Pesa’s financial services network.

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Compliance Report Payments Security 152

PYMNTS

JANUARY 18, 2020

What makes the story stand out among the reams of local retail crime reporting is that the crime was actually committed. Botched crimes in local retail are common. I really suck at this,” he told a deputy, the sheriff’s office said, according to Newsweek reports. Organized Crime’s Physical Retail Expansion .

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Retail Colorado Cards Resources 147

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

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Retail Marketing eBook Atlanta 177

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. With ReplyBuy, we'll operate in two-way conversations into that experience. So is curbside pickup. Herrick agrees.

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Retail Technology Branding Mobile 188

PYMNTS

DECEMBER 6, 2018

The system may eventually shorten the lag time between when a shopper pays with a debit card to when the funds arrive at the retailer, The Wall Street Journal reported. Target and Walmart, as well as trade groups like the National Retail Federation, have reportedly long talked to the Fed about faster payments.

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Retail Payments Chicago System 139

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

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Online Retail Washington Fraud 149

PYMNTS

APRIL 23, 2020

With Texas Governor Greg Abbott’s plan to open the state again, shops will start running on a retail-to-go basis Friday (April 24). Owners of business are aiming to operate with the new changes — from a children’s retail shop to a music store, according to a News4SA report. In another part of the country, Georgia Gov.

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Retail Texas Georgia Cards 138

PYMNTS

SEPTEMBER 17, 2020

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). Report: Walmart’s Flipkart To Go Public. The retailer, which is largely owned by Walmart, Inc.,

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Operations Payments United States Groups 154

PYMNTS

FEBRUARY 25, 2020

British-Dutch oil and gas company Shell launched a suite of business to business (B2B) fleet solutions in India that address issues unique to the country, according to reports on Tuesday (Feb. These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. “The

Cards 159

Cards Fraud Operations Management 159

PYMNTS

SEPTEMBER 23, 2019

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. Today I decided to change my iTunes credit card. It read my card well, but then when I saved the card, someone else’s credit card was saved!

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Apple Security Report Payments 193

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. Those moves come amid more pressure on brick-and-mortar pharmacy operations. But innovation efforts continue for retail pharmacy operations. Delivery Push.

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Innovation Retail United States ATM 136

PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. and Canada.

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Retail Innovation Colorado Payments 121

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Top Trackers And Reports.

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Cards Data Mobile Survey 151

PYMNTS

JULY 16, 2020

RetailMeNot , the Texas-based company that operates coupon websites, announced “Rebound with RetailMeNot,” a four-day event featuring deals from a variety of popular stores. Census Bureau reported the nation’s retail sales increased 7.5 Retail sales rose by 1 percent in June compared to a year ago.

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PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

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Cards Security ATM Data 151

PYMNTS

APRIL 16, 2019

Retailers put together window displays and signs to create enticing storefronts, engage customers via social media and send printed ads through the mail. While brick-and-mortar stores can employ customer retention strategies, kiosk and vending machine operations don’t always have the same tools available. Unattended Loyalty .

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Retail social media Mobile User Experience 162