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The Rise Of Card-on-File Commerce

PYMNTS

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Uber and Starbucks pioneered it.

Cards 147
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Retailers Team With Providers For eCommerce Payments’ Tear

PYMNTS

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

Retail 131
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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

Boston 269
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Retail Pulse: Nike Opens Atlanta SNKRS Pop-Up; FAO Schwarz Plans London Store

PYMNTS

Nike North America Media Relations Director Josh Benedek told Front Office Sports that the company took the “heavy lifting” out of shopping with its checkout experience: “All your preferences, all your credit card payments, everything like that is already set up on your phone. It makes that purchasing much easier.”

Atlanta 127
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Mobile Payments: What’s In It For Me?

PYMNTS

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. South Korea Is Mega Mobile. Korean consumers see no evil in mobile payments. is that Android mobile users in the U.K.

Mobile 100
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McDonald’s McGold Card Promotes Online Ordering

PYMNTS

The winner will score a McGold Card that gives two free meals a week over a 50-year period, USA Today reported. The news also comes more than a year after a McDonald’s in Boston was to activate what it called a “customized digital Big Mac ATM.” According to the contest’s website , the prize is worth $52,350.

Online 105
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Why Pride Vendors Are Forgoing Cash For mPOS

PYMNTS

Pride events can draw hundreds of thousands of people, and many merchants turn out to meet them, but providing goods in such populated settings can be complicated for those that do not have the right mobile point-of-sale (mPOS) setups to make purchasing quick and convenient. Skirting Cash Shortages at Boston Pride.

San Diego 137