PYMNTS
AUGUST 28, 2018
Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. through 2028. Ria’s network includes approximately 355,000 global agents. PayPal, also recently closed its deal with Synchrony , in which it acquired $7.6 billion in receivables from PayPal.
PYMNTS
JULY 3, 2018
With the completion of the deal, PayPal said it and Synchrony have extended their co-branded consumer credit card program agreement to make Synchrony the exclusive issuer of PayPal’s consumer financing program online in the U.S. through 2028. PayPal received approximately $6.9 billion in total consideration at closing.
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PYMNTS
MAY 24, 2019
billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. It’s almost become the norm for women in their twenties and thirties [to buy clothes online] because it’s how they grew up,” she said.
PYMNTS
AUGUST 16, 2018
To that end, Home Depot has been installing lockers in many of its locations to allow customers who place online orders to easily pick up their merchandise at the store. Approximately 48 percent of American consumers expect their online orders to be delivered faster in 2018 than they did in 2016, according to the PYMNTS Omni Usage Report.
PYMNTS
OCTOBER 4, 2019
Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. The used-fashion market in the U.S.
PYMNTS
MARCH 5, 2018
Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200 million of digital advertising spend in the last nine months of 2017. In the face of the big brand digital ad spending backlash, it seems now big brands are thinking that way too.
CB Insights
JUNE 4, 2019
Even luxury brands are contributing to this problem. In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency.
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