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Are One-Third Of Retail Jobs On The Way Out?

PYMNTS

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. national minimum. by 2020.”.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? Two of its nations (Indonesia and Thailand) are ranked in the top 20 economies by their GDP. But Amazon isn’t waiting until 2025, or even 2020. In fact, it’s well poised to become the world’s first “ smart nation.” Singapore, it turns out.

Regional 148
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Visa Inks Partnerships With More Football Associations

PYMNTS

Visa , the Official Payment Services Partner of FIFA , announced Wednesday (December 6) partnerships with the Union of European Football Associations’ ( UEFA ) Women’s Football Competitions and the Confederation of African Football ( CAF ) Total Africa Cup of Nations tournament.

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Visual Search Hits The Runway At Fashion Week

PYMNTS

Retailers are starting to tap into the camera,” said Ted Mann, CEO of visual search technology provider Slyce. They expect the retailers to be able to support it.”. Slyce is working with retail partners to embrace events outside the store and developing new kiosk technology to work within the store.

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Visa, NFL Continue Partnership Beyond Super Bowl LIII

PYMNTS

Visa and the National Football League (NFL), partners since 1995, will extend their collaboration through 2025 and work together to make a cashless Super Bowl a reality one day, Visa said in a release.

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