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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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Reliance Tests eCommerce Portal In India

PYMNTS

A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 KPMG said India’s appetite for eCommerce is set to grow by $200 billion from now until 2027. million in digital assets into JioMart , a subsidiary of Reliance. Vikraman P.N.,

Regional 215
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QR Codes Enjoy A Renaissance In A Post-COVID World

PYMNTS

trillion by 2027, according to a recent report by Grand View Research. The firm concluded that North America will be a leading market for QR code-based transactions, with particular growth in transportation and retail. Additional new uses of QR codes involve managing the spread of COVID-19 itself.

Apple 293
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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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The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. Ancona , vice president and general manager, National Client Group B2B, American Express , told PYMNTS. Digital payments help sellers get paid faster and buyers [to] make convenient payments while benefiting from working capital and cash flow management.”.

Payments 132
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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

The government is now aiming to double the rate of cashless payments by 2027 to 40 percent. Lynxbus management said the move was made as many riders were not carrying cash: Lynx Commercial Manager Graham Smith said, according to the report, “People are regularly getting on the bus assuming we take card payments without any cash on them.

Payments 108
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Indonesian E-Wallet LinkAja Debuts In Jakarta

PYMNTS

percent of non-cash transactions in the country used e-money, and that number is expected to increase to 24 percent by 2027. Finarya, the company that manages LinkAja, said its services are available at 150,000 merchants across Indonesia.

ATM 117