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Many Retailers Aren’t Prepared for PSD2 – But Are Consumers?

PYMNTS

The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. To some degree.

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Retail Sector To Boost Mobile POS Terminal Market Value To More Than $103B By 2023

PYMNTS

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

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Digital 3.0 At The Intersection of Livestreaming And Retail

PYMNTS

From a shopper’s perspective, the experience is simpler: They download the app to watch a show based on a seller’s invitation or open the app to browse shows by category. Currently, there are 10 categories; Li hopes to expand to 20 or 25 as the user base expands. She believes that it hasn’t yet caught on in the U.S.

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Are Retailers Missing Out On ‘Supershoppers?’

PYMNTS

Once they’re inside your store, they expect the experience to be a seamless one: More than 40 percent of smartphone shoppers want retailers to automatically surface relevant information, such as the location of the item in the store, a special deal or related products,” Google said in an Inside AdWords blog post. ”

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Gear Commerce Throws Its Hat Into VR Retail Ring

PYMNTS

When smartphones first emerged as yet another viable medium of retail, many merchants needed help getting themselves set up on the then-foreign mobile platform. “In fact, we predict that vCommerce will grow to over $425 million in sales in 2016. Now, a similar dynamic is emerging, but this time, it’s for virtual reality.

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Early Warning Services Processed More Than 170M P2P Transactions In 2016

PYMNTS

Early Warning Services, a real-time payment, authentication and risk mitigation company, announced Monday (April 17) that financial institutions in the Zelle Network processed more than 170-million person-to-person (P2P) payments in 2016, totaling $55 billion in aggregate transaction value. With Zelle, we’ll collectively reach more U.S.

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A Whole New Retail Virtual Reality

PYMNTS

Sometimes all it takes is a new way of looking at things to open up a world of possibilities — at least, that’s what retailers investing in augmented reality (AR) and virtual reality (VR) believe. Meanwhile, other industry projections show that more than 800 million AR apps for retailers will be downloaded by consumers by 2019.

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