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.

Online 149

Online Retail Washington Fraud 149

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?

Retail 169

Retail US Survey Examples 169

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

Apple 163

Apple Cards America Payments 163

PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech. Value of Location.

Retail 132

Retail Cards Mobile Video 132

PYMNTS

AUGUST 3, 2020

Mobeewave specializes in letting shoppers utilize their smartphones to access a credit card and process payments. The system works via an app and does not require any further hardware beyond a Near Field Communications (NFP) chip, the likes of which have been included in iPhones since 2014, Bloomberg wrote.

Apple 294

Apple Samsung Cards Payments 294

PYMNTS

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

PYMNTS

NOVEMBER 25, 2019

Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. The deal applies to all Nike products when purchases are made using the Apple Card through the Nike website, retail stores, Nike Training Club and more. customers in August.

Apple 229

Apple Cards Training Branding 229

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. In fact, the $17 million raised by the company since its founding in 2014 has come strictly from those physicians, not VC funding.

Retail 242

Retail Guidelines User Experience Branding 242

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . It found that just 2 percent of respondents offered payroll cards in 2014, but that this figure had risen to 28.5

Cards 197

Cards Tools Survey Payments 197

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that brings new opportunities to retail. But challenges remain, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Some of the latest developments from the retail side of the ecosystem come from the world of QSRs.

Retail 163

Retail Security Google Survey 163

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Dobbie will be in charge of infrastructure and applications that power the U.K.’s

Retail 116

Retail User Experience ATM Security 116

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

OCTOBER 21, 2019

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. And retailers are offering innovative subscriptions for all sorts of products. per month.

Innovation 109

Innovation Retail Las Vegas Payments 109

PYMNTS

JUNE 16, 2016

Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot says in a new federal antitrust lawsuit. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S. than cards used in Europe and elsewhere in the world.

Security 100

Security Cards Atlanta Fraud 100

PYMNTS

SEPTEMBER 8, 2016

New data suggests that they are buying more gift cards than ever before but then turning around and spending those cards on themselves. adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

JUNE 17, 2020

Amazon customers in 12 countries across North America, Latin America, the Middle East and Europe will have their stored credit card credentials tokenized, Mastercard announced Wednesday (June 17). The move to tokenization comes amid the rise of eCommerce as consumers save and manage their card details across multiple websites.

Tools 212

Tools Cards America Management 212

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that is bring new opportunities to retail. But challenges remains, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Among the latest developments from the retail side of the ecosystem comes from the world of QSRs.

Retail 109

Retail Google Survey Security 109

PYMNTS

NOVEMBER 7, 2019

Retail technology is undergoing big changes in the restaurant world, and that includes the drive-thru. The latest development in retail camera use comes from the drive-thru lanes of the fast-food industry, according to the Financial Times. Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014.

Retail 103

Retail Innovation Mobile Google 103

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. They can also get free shipping from Walmart with a minimum $35 order and make returns at retail locations. The retailer had been negotiating with ThredUp for about a year.

Retail 131

Retail Capital Online Video 131

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

NOVEMBER 17, 2016

USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. USA Technologies ’ ePort Connect service is a PCI-compliant suite of cashless payment and telemetry services specially tailored to fit the needs of self-serve retail industries.

Technology 100

Technology Cards Guidelines Video 100

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

DECEMBER 21, 2020

Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 The round saw the company's valuation hit over $215 million. Data from the IBM U.S.

San Francisco 245

San Francisco Innovation Fraud Capital 245

PYMNTS

JANUARY 14, 2020

14) that participants in its Visa Token Service have processed eCommerce volumes of $1 trillion since the service’s debut in 2014, and that its transition of Visa Checkout merchants to click-to-pay will begin on Jan. For tokenized payments, $1 trillion and counting. Visa said on Tuesday (Jan. 21 in the U.S.

New York 170

New York Security Cards Retail 170

PYMNTS

APRIL 5, 2016

No harm, no foul, more or less ; and those who stood to be most affected by the security vulnerabilities — the online retailers — hardly had to lift a finger to be protected against them. But the fact is that things don’t always sort themselves out, effectively, in the retail security game.

Retail 100

Retail Security Data United States 100

PYMNTS

OCTOBER 1, 2019

The new system — which rebates the tax increase in some stores when paying with a card rather than cash — will run until June 2020. The aim is to prevent a recession like the one that happened in Japan after the tax was increased from 5 percent to 8 percent in 2014. While there were some system problems reported on Tuesday (Oct.

Taxes 101

Taxes System Security Retail 101

Abrigo

DECEMBER 16, 2014

Lending standards continue to relax, according to data from the OCC’s 2014 Survey of Credit Underwriting Practices. Source: OCC 2014 Survey of Credit Underwriting Practices, December 2014. This is the third year in a row the OCC has reported a decrease in underwriting standards for commercial and retail loans.

Lending 223

Lending Survey Training Retail 223

PYMNTS

OCTOBER 13, 2016

Consumers in countries such as Egypt and in Africa and the Middle East often face more challenging experiences when they order online from retailers. Shoppers in those regions often put less trust in online merchants and credit card companies and feel unsure about giving out their personal payment information.

Cards 100

Cards Regional San Francisco Online 100

PYMNTS

OCTOBER 20, 2020

The launch of the Apple Pay mobile wallet has long been seen as Apple’s attempt at replacing consumers’ use of plastic cards for in-store purchases as their primary payment method. To what extent has it succeeded in changing consumers' use of plastic cards at the point of sale (POS) in physical stores? Today, Oct.

Apple 198

Apple Mobile Cards Payments 198

PYMNTS

JUNE 6, 2019

For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S.

US 140

US Apple New York City Cards 140

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 25, 2021

Other functions include a connected online shopping capability that comprises popular retailers for facilities management, according to the announcement. ClassWallet, which was started in 2014, offers an expense management platform for maintenance workers, parents and educators who make everyday purchases but usually don’t get purchase cards.

Tools 154

Tools Miami Management Resources 154

PYMNTS

OCTOBER 21, 2020

The world is obviously a very different and much more digital place than it was in October 2014, and capturing customers requires new strategies and an eye toward building scale. 7-13%: Average APR offered on cards issued by credit unions. The world celebrated a milestone of sorts yesterday, as Apple Pay marked its sixth anniversary.

Payments 150

Payments Regional Apple Strategy 150

PYMNTS

JUNE 23, 2020

Verizon Debuts Visa Credit Card With Rewards. To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. The Synchrony-issued credit card, which will officially roll out on June 26, will enable mobile clients to save on their bills via rewards.

Payments 159

Payments Survey Innovation Fraud 159

Bank Innovation

MARCH 10, 2016

And with it the 15 basis points Apple gets for including the banks’ cards in their Read More. Apple launched Apple Pay on Sept. It became available on Oct. 20 of that year. As the two-year mark approaches for Apple Pay, the contracts written with financial institutions back then will start to expire.

Apple 150

Apple Payments Cards Groups 150

PYMNTS

OCTOBER 7, 2016

By fully activating services at OXXO, Western Union’s retail Agent network has nearly doubled to more than 26,600 locations, from approximately 13,500 at close of 2015. “We “Our innovative self-service feature in Mexico in collaboration with OXXO is part of our strategy to digitalize our retail network. “We

Branding 164

Branding Strategy Maine America 164

PYMNTS

JUNE 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. In 2014, the company dealt with something similar with its payment processing systems. The Saturday outage was called an “internal technology issue” that didn’t let customers in the U.S.

Payments 174

Payments Security Retail Data 174