Remove 2027 Remove Innovation Remove Operations Remove Retail
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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177
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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

High transaction success rates can indicate an efficient payments operation, but keeping them high is no easy feat. This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8

Mobile 181
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What Clues Can Last Year’s Results Offer For Amazon’s 2019 Alexa Event?

PYMNTS

Amazon has always been a “go big or go home” kind of operation, and so when it rolled out a dozen or so Alexa-enabled devices – embedded in sound systems, car dashboards and even entry-level microwaves – during its big device event last fall, it was notable if not exactly shocking. The global smart speaker market was worth around $4.3

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

Marqeta operates on a usage-based business model, meaning that the more customers use its card-issuing technology, the more money it earns. In the US, the share of e-commerce relative to total retail sales hit 14% in Q4’20, up from 11.3% Creating a modern payments ecosystem in an industry that’s been slow to innovate .

Cards 73
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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. These risks are even higher for businesses in recreation, entertainment and retail sectors, where margins are already razor-thin and even slight decreases in revenue can make big differences in profitability.

Payments 162