Remove 2024 Remove Operations Remove Retail Remove Security
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How Retailers Are Gearing Up For Contactless Payments Via mPOS

PYMNTS

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. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 259
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How Unattended Retail Is Getting Smarter

PYMNTS

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card. million in 2024.

Industry 471
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Small business lending insights Vol. 1

Abrigo

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. At the same time, 59% pursued credit to meet operating expenses. A majority of applicants sought less than $100,000.

Lending 221
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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. These policies could inform businesses on how they can securely and compliantly leverage DLT to send money internationally, and recent reports anticipate that the EU could adopt DLT legislation by 2024.

Mobile 220
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Crowdshipping May Be The Next Sharing Economy Frontier

PYMNTS

One of the latest retail-related trends is “crowdshipping,” i.e. crowdsourced delivery. The total transaction value of the fast-growing online payments industry for all products is set to surpass $6 trillion by 2024, according to our Payments and the Platform Economy Playbook. Crowdshipping Security and Trust.

Retail 116
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As ATM Thefts Rise In Europe, Europol Urges Safeguards

PYMNTS

Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent, according to a report by the Associated Press. Europol, based in Hague, is asking operators of ATMs to put less cash in the machines and make the cash traceable if it is stolen.

ATM 109