PYMNTS

SEPTEMBER 15, 2020

Instant Payments allows Square Payroll customers to fund their payroll using the money in their Square Balance, where sales they process via Square are stored. The lag has the effect of depriving an employer of the use of the funds in order to provide them to workers in time.

West Virginia 256

West Virginia San Diego Case Study Virginia 256

PYMNTS

DECEMBER 31, 2020

This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do more of their work and more of their once-physical errands from home. This study showed that consumers display significant interest in real-time payments once they fully understand them. 31 percent bank via app.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

MAY 7, 2020

According to Texas Medical Center , on May 1 the number of confirmed cases in the area stood at 9,245. Statewide, on March 4, the state health department reported Texas’ first positive case of COVID-19. One month later, on April 4, there were 6,110 cases. By Monday it jumped to 9,978. And we rank dead last in testing.

Retail 141

Retail Texas Guidelines New York 141

PYMNTS

DECEMBER 10, 2020

With providers such as Bill Me Later / PayPal Credit, Afterpay, Affirm, Klarna and FuturePay all vying for a larger slice of the BNPL pie, as well as further availability through retailers online and in-store, it's no wonder why this payment choice is on the rise. For now, the BNPL use case in the U.S. BNPL Is Not a Last Resort.

Study 173

Study Millennials Survey Online 173

PYMNTS

SEPTEMBER 22, 2020

The digital shift is rippling across channels, with buying journeys that often start on smartphones and conclude at curbside, as buy online, pickup in-store (BOPIS), delivered to the door or in-store. Touchless Becoming Table Stakes.

Study 198

Study Online Retail Payments 198

PYMNTS

DECEMBER 21, 2020

Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. adult population — have shifted digital since March to shop for retail products, buy and eat food from restaurants, and buy food at grocery stores. That may not be the case for long. One hundred and ten (110) million U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

OCTOBER 9, 2020

The study also validates the rise of live-selling, or broadcasting of live videos featuring products. Case in point: Luxury fashion and auto brands in Thailand are now selling their products on Japanese chat app Line. Customers are indeed looking for a new experience online or in-store.

Branding 221

Branding social media Video Strategy 221

PYMNTS

OCTOBER 13, 2020

In the How We Will Pay 2020: Home As The Consumer’s Commerce Command Center study, a PYMNTS and Visa collaboration, we surveyed a census-balanced panel of 9,857 U.S. Our research shows that consumers want to be able to use touchless, digital payments when they shop in stores.

Data 261

Data United States Study Retail 261

PYMNTS

SEPTEMBER 25, 2020

Apple responded to the mounting criticism in several ways, including by releasing a company-commissioned report on July 22 that states in part: “Our study shows that Apple’s App Store commission rate is similar in magnitude to the commission rates charged by many other app stores and digital content marketplaces.

Apple 151

Apple social media Policies Video 151

PYMNTS

JANUARY 22, 2019

Online retailers are forecasted to open hundreds of stores, and Brandless has rolled out a subscription service. Data: 850: The number of stores online retailers are forecasted to open from this year until 2023. Mobile is expected to comprise more than half of eCommerce in the coming years. All this, Today in Data. DBI) in 2018.

Data 167

Data Payments Innovation Study 167

PYMNTS

JANUARY 25, 2021

The United Kingdom offers a case in point. They want to use their connected devices to shop and have products delivered without setting foot in stores. A smaller but growing share prefer cross-channel commerce that allows them to shop online and pick up products in stores using services like “click and collect.”.

Study 222

Study United States Online Innovation 222

PYMNTS

FEBRUARY 1, 2019

In the modern age of retail, a National Retail Federation (NRF) study has found that inventory loss, due to crime or error, is having a $46.8 According to a study from FaceFirst , 20 percent of shoplifters, that are known, hit up three or more locations of a retailer. billion impact on the industry’s bottom line.

Retail 116

Retail Florida Study Security 116

PYMNTS

NOVEMBER 16, 2020

On the same day that COVID-19 cases in the U.S. PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. times more than those who say that seeing COVID cases drop is most important. percent), buying food at the grocery store (46.2 percent).

Study 270

Study Retail Millennials Conference 270

PYMNTS

APRIL 8, 2019

Stores that are just barely holding on during a massive economic expansion, he noted, won’t have a bright future should the economy turn down, which means paring down the staff is more likely to be the rule rather than the exception. Many of those losses are due to store closures.

Retail 148

Retail Study United States Report 148

PYMNTS

FEBRUARY 2, 2020

The spread of the coronavirus has prompted Apple to shutter its corporate offices and 42 retail stores in mainland China through Feb. Apple’s online store will remain operational. Aside from China, there have been 132 cases confirmed in 23 other countries. 9, Bloomberg reported on Saturday (Feb. As of Saturday (Feb.

Apple 131

Apple Operations Study Google 131

PYMNTS

NOVEMBER 12, 2020

It also highlights case studies that reveal how some companies and FIs are tailoring their contactless offerings to realize their potential to the fullest. Eighty-three percent say they would use such payments at grocery stores, for example, while 81 percent say they would use them at drug stores.

Report 300

Report Innovation Fintech Payments 300

PYMNTS

DECEMBER 1, 2020

Although most consumers did their Black Friday shopping online this year, new research shows young shoppers were most likely to head into physical stores, suggesting their fear of COVID-19 was dwarfed by their desire to get out of the house and shop. Other traditional retailers making the in-store list included Kohl’s (23.2

Online 159

Online Survey Retail Data 159

PYMNTS

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. French retail giant Carrefour SA has also been testing camera and image-recognition technology in grocery stores.

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

NOVEMBER 10, 2020

It was (and in some cases still is) this speculative wild west of digital coins that has held back cryptos from being tied more closely to commerce, said McCarthy. In this case, maintained McCarthy, digital assets are made spendable. “It Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value.

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

PYMNTS

JANUARY 18, 2021

I wrote a piece in 2014, right around this time, that made the strong case for the decline of physical retail. So did Census data, which still reports that 84 percent of retail spend is done in the physical store. But those same shoppers didn’t shift their spend to those stores online. The gap between the department store’s 3.3

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 18, 2020

Here’s something: Spending in brick-and-mortar stores actually grew at a rate of 4.2 In one recent survey, 81 percent of Gen Z consumers said they prefer shopping in physical stores. consumers shopping between Thanksgiving and Cyber Monday did so at physical stores,” the report states. million U.S.

Innovation 130

Innovation Retail System Technology 130

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Florida granted permission for stores to reopen Monday (May 4), the first phase of a return from the coronavirus lockdown. In all these cases, merchants are going to have a multi-channel strategy.

Florida 205

Florida Retail Tampa Customer Experience 205

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. percent plan to resume shopping in physical grocery stores.”. Quaint ‘90s tech, like the QR code, was dusted off and finally found its elusive best use case. Our research shows that 85.3

Study 205

Study Cards Payments Innovation 205

PYMNTS

DECEMBER 19, 2019

A study by commercial real estate services company CBRE, in conjunction with Optoro, found that shoppers are forecasted to return $41.6 Total returns of purchases made online and in stores over the holidays are forecasted to top $100 billion. The firm also noted that there over 10 billion cases of “needless shipments.”

Retail 131

Retail Online Study Report 131

PYMNTS

MAY 5, 2020

The pandemic’s turmoil upon markets, with closed stores and plummeting demand for retail goods like clothing, only compound on the existing problems manufacturers in countries like Bangladesh face. Garment contracts have shifted to accommodate importers, and many factories don’t seem to have much recourse in cases of missing payments.

Delaware 151

Delaware Retail Branding Groups 151

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. These consumers were born between 1946 and 1964, and the U.S. was home to 81.3

Retail 147

Retail Millennials Study Trends 147

PYMNTS

NOVEMBER 3, 2020

PYMNTS’ consumer studies early on in the pandemic showed that Americans originally thought COVID-19 was going to be a relatively short experience. Going shopping as a dedicated activity is something consumers seem less and less likely to get back to doing, according to PYMNTS and Visa’s recently released How We Will Pay Study.

Survey 342

Survey Study Mobile Examples 342

PYMNTS

JULY 6, 2020

A key driver of the results was a 50 percent reduction in wholesale shipments and canceled orders from physical stores that had closed. million in sales from selling 15,000 cases since its launch in 2019 — to build a strong digital presence. We’ll soon know whether the recent spike in COVID cases in the U.S.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. However, the report noted that almost 190 million Americans shopped in stores or online over the Thanksgiving weekend in 2019, marking an increase of 14 percent from the prior year, per the National Retail Federation.

Survey 140

Survey US New York Millennials 140

PYMNTS

JUNE 1, 2020

Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose).

Cards 147

Cards Study Maine Payments 147

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. However, the report noted that almost 190 million Americans shopped in stores or online over the Thanksgiving weekend in 2019, marking an increase of 14 percent from the prior year, per the National Retail Federation.

Survey 131

Survey US New York Millennials 131

Perficient

NOVEMBER 20, 2020

Anyone selling, designing, delivering, or supporting Microsoft services in the M365, Azure, or Power Platform (I will call this Microsoft Cloud below) should consider studying for and obtaining the three ‘Fundamentals’ certifications from Microsoft. For business or sales oriented professionals. MS-900 Microsoft 365 Fundamentals.

Course 332

Course Compliance Security Resources 332

PYMNTS

NOVEMBER 4, 2019

Consumers have a bad case of app fatigue. Not only are 2 million apps available on the App Store that consumers can download and use via smartphone, but voice assistants like Alexa can now be equipped with more than 100,000 “skills” with which consumers can interact and navigatethe web. It is not difficult to understand why.

Report 109

Report Study Survey Course 109

PYMNTS

OCTOBER 1, 2020

“It appears that as more consumers grow accustomed to shopping and ordering food online, the more likely they are to maintain their online behavior,” the recent “ How We Shop” study by PYMNTS and PayPal found. The company is also updating in-store signage to include the Walmart app icon and encourage shoppers to download it.

Data 238

Data Retail Online Report 238

PYMNTS

APRIL 27, 2018

Recently, most restaurants are turning to in-store kiosks. The latest Restaurant Readiness Index revealed that kiosks are seeing the strongest growth among the nine in-store technologies surveyed by PYMNTS’ analysis. Of those chains with fewer than 26 locations, 47 percent had in-store kiosks, according to the study.

Innovation 105

Innovation Study Google Survey 105

PYMNTS

JUNE 8, 2020

The PYMNTS study continues to show that consumer behaviors – not just purchase preferences – are changing. Conducted over a 12-week period, the study found that of the 48.2 Conducted over a 12-week period, the study found that of the 48.2 Another case in point can be seen from Kroger. economy shut down in April and May.

Retail 167

Retail Study Online Data 167

PYMNTS

MAY 25, 2020

Now it certainly is the case that we’ve needed to go online to shop when brick-and-mortar avenues simply were, and are, no longer an option. Analysts had been predicting that 75,000 stores will close through the next half-decade. But even as far back as February, when the rumblings of a new virus seemed far away from U.S.

Online 173

Online Retail Study Survey 173