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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. The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments.

Retail 177
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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

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PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

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Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

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Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing

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Cutting rates serves as a way of injecting capital into the economy, to encourage consumer spending and business investment. It stands to reason that credit card debt and mortgage debt — among the biggest components of household obligations that include auto loans and student debt too, should be cheaper. The Credit Card Factor.

Policies 142
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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

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The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. Just under $3 billion – or $2.7

Apple 159
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Biometrics Changes Tempt eCommerce Companies As Fraud Defense

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Consumers know it as the fingerprint or facial recognition on credit cards. In comparison to other verification methods, users can easily find microphones for signing in to their accounts rather than paying for fingerprint scanners or iris cameras,” noted a recent blog by biometric technology firm M2SYS.

Fraud 164
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How Merchants Can Tap Into Cash Back Promotions

PYMNTS

Merchants can capitalize on word-of-mouth marketing through cash back platforms such as DOSH that encourage social media sharing. These platforms reach consumers by reinforcing a behavior that consumers already exhibit — shopping with their credit and debit cards — while giving merchants valuable data.