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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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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

Retail 121
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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

Payments 108
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Amazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food

PYMNTS

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. Walmart, it seems, is hoping to ride that wave of rising retail enthusiasm, with this week’s announcement of its new Earth to Skin product line.

Branding 109
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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. Those that work with third-party specialists must decide whether they want to build and manage the connections to their various payments services or focus instead on orchestrating them to optimize revenue.

Payments 162
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Chatbot Tracker: Saving $8B Annually by 2022

PYMNTS

The power that chatbots wield in the retail arena is significant. In a conversation we had with Mindtree’s digital transformation specialist, Craig Besnoy, he highlighted the various ways in which chatbots are changing the game for retailers. Although it highlights 14.9 million new jobs will be created, it also shares that 24.7

Analytics 170