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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)

PYMNTS

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. But in another example, roughly 70 percent of smartphone sales eight years ago came from three makers based outside China, including Nokia, Samsung and Apple. China, with more than 1.3 Sales were up 8.5

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Retail’s Ups And Downs: Holiday Shopping, The Olympics And The Samsung Galaxy Note 7

PYMNTS

Since, his bright red IZOD sweater has apparently sold out online , Esquire has posted stories on how to dress like him and Ken Bone even seems to be becoming a popular Halloween costume choice this season. Here are some of the other big winners and losers of the retail game at the moment. And the poor Samsung Galaxy Note 7.

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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

PYMNTS

Try being Samsung this past week, which had both a sizzle and a fizzle. Gymboree may be proved to be another retail fail, as the company is rumored to be prepping for bankruptcy amid a debt repayment scenario. Looks like nothing really is safe from online competition, which ate away at results, even cute kids apparel.

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NEW REPORT: How AI And AR Give Makeup A Makeover

PYMNTS

Meanwhile, retailers are scrambling to develop and translate the personalized experience consumers desire into digital features for these devices, using data as well as artificial intelligence and augmented reality. Buyers are increasingly moving away from shopping on their desktops and are instead using their smartphones.

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TRENDING: How Virtual Assistants Are Sous Cheffing This Thanksgiving

PYMNTS

While platforms like Apple Pay and Samsung Pay have failed to attract adoption from American consumers, Walmart’s omnichannel mobile wallet play may be set to pass them both — especially as consumers visit the store more frequently during the holiday season. Around the Omni Developer World. The mobile money tides seem to be changing.

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They Grow Up So Fast: Gen Z Starts Taking Consumer Power

PYMNTS

Brands, retailers and payment providers are already preparing for the arrival of Gen Z as adult consumers. The retail chain recently launched three house brands geared toward its teen and young adult customers. The retailer’s new Wild Fable brand will offer mix-and-match women’s clothing, while Original Use will be geared toward men.