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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

America 248
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Pay Via Selfie? Now Available In Latin America

PYMNTS

Canada and the Netherlands, as well as a larger launch in Europe this year, Mastercard is now unveiling Identity Check Mobile to Latin America. The first two countries in the region to receive it are Brazil and Mexico. After fruitful trials in the U.S., The concept is similar to a “selfie” and thus is being dubbed “selfie pay.”.

America 113
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Why Self-Checkout Rules In Retail

PYMNTS

New research from Technavio shows that the global self-checkout terminal market’s revenues are expected to hit $2.19 But what’s driving that market? The need to minimize queues at checkout terminals primarily drives this market. Americas 44.66 NCR is the top vendor in the Americas, followed by Wincor Nixdorf.

Retail 100
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Grocers Consider Checkout Line-Free Future With Unattended Retail

PYMNTS

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161
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In The Americas, Mastercard’s Growth Outpaces All Others

PYMNTS

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. billion cards in circulation in 2015 compared to Mastercard, which had 26 percent market share. during 2015.

America 100
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North America Is Set To Be An ‘Early Adopter’ Of mPOS

PYMNTS

Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra , some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. Global Wireless POS Market Growth. Card Payment Acceptance. Mobile Wallets.

America 114
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Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

PYMNTS

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166