PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. consumers have largely relied on cards, were comfortable with them as a main purchase tool and the U.S. By contrast, U.S.

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How To Retail Survey Mobile 317

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

Cards 187

Cards Security United States Technology 187

PYMNTS

AUGUST 13, 2020

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. Merchants pay $3.13

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Technology User Experience Fraud Comparison 248

PYMNTS

JULY 15, 2019

Card delinquencies have remained steady at Bank of America , which reported June credit card delinquencies of 1.56 Net charge-off rate, by comparison, dropped slightly: In June, it registered at 2.71 According to news earlier in the month, large credit card issuers in the United States reported lower delinquencies in May.

Cards 122

Cards America United States Comparison 122

PYMNTS

JUNE 20, 2019

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person. and Canada.

Retail 109

Retail Colorado United States Comparison 109

PYMNTS

JUNE 26, 2019

Unattended retail is having a moment – a bad moment, as it turns out, in China, according to reports. The challenges there come as kiosks and other forms of unattended retail continue to develop globally. For one, selling fresh groceries via unattended retail is not an easy business. Unattended Failure. Global Growth.

Retail 108

Retail Comparison Report Operations 108

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. From 7-Eleven to Chipotle Mexican Grill, retailers are expanding their digital ordering strategy with the help of voice assistant technology. Kroger Co.

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Retail Strategy United States Comparison 139

PYMNTS

FEBRUARY 11, 2019

A common, enduring fantasy for many consumers — a group that likely includes many PYMNTS readers and writers — is walking into a high-end retail store, chain or boutique that sells luxury brands , and spending vast sums on the best clothes, shoes, handbags, watches and other items. Different Proposition. That’s a very hard job.”.

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Retail Branding Tools Comparison 141

FICO

FEBRUARY 22, 2023

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. This rise occurred in a month when UK retail sales volumes were widely reported as being down relative to past years.

Cards 52

Cards Trends Analysis Strategy 52

PYMNTS

MARCH 25, 2016

It appears that more and more consumers are getting better connected with loyalty programs by linking their cards to them. “Card-linking has a network effect, and it is accelerating,” stated Silvio Tavares, CardLinx president and CEO, in a press release.

Cards 100

Cards social media Survey Comparison 100

PYMNTS

MAY 3, 2019

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. billion for its stores in comparison to $1.63 billion in the year prior. In Other Brick-And-Mortar News.

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Retail St. Louis San Diego Los Angeles 100

BankBazaar

JANUARY 26, 2022

We are beyond excited to announce the launch of our co-branded Credit Card with RBL Bank. The RBL Bank-BankBazaar SaveMax co-branded Credit Card comes equipped with a wide range of benefits and features. We are sure you will love this card as it offers you reward points on every purchase you make. . In the Spotlight: .

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Branding Cards Comparison Video 78

PYMNTS

AUGUST 12, 2020

On the positive side is the retailing trade group the National Retail Federation ( NRF ). Neil Saunders, managing director of research firm GlobalData PLC’s retail division, projects $26.4 It’s retailers’ first big test. It’s retailers’ first big test. There are two wild cards. percent from last year.

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Comparison Retail Survey Washington 145

NCR

SEPTEMBER 22, 2017

In the retail industry, like many other sectors, the maxim ‘innovate or die’ seems to be growing in authority and relevance by the day. Bricks-and-mortar-only retailers, by comparison, have experienced a decline of 0.41 ‘Digital dinosaurs’ at risk of extinction? percent on average in the past year.

Retail 80

Retail Technology Comparison Trends 80

PYMNTS

AUGUST 5, 2020

By comparison, Square made $306 million in bitcoin revenue for Q1. In something of a counter trend, the company’s physical Cash Card spend was up during the first half of 2020, despite the impact of the pandemic. Cash App launched bitcoin deposits in June 2019.

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cryptocurrency Bitcoin Comparison Regional 229

PYMNTS

APRIL 2, 2020

consumers, who made almost 73 billion non-prepaid debit card transactions in 2018 – and the final 2019 number is bound to be bigger. Card networks attract merchants with promises of faster, more accurate debit routing, and merchants pay handsomely to transact across these networks. Debit has never been more popular with U.S.

Cards 130

Cards Comparison Fraud Retail 130

MyBankTracker

AUGUST 17, 2020

It makes comparison shopping easier and there’s the ability to use various methods of payments. There’s the option of paying for goods with a credit card, gift card, and debit card, which many consumers do. This company offers point-of-sale financing when shopping with retailers. How does Klarna work?

Retail 52

Retail Cards Payments Online 52

PYMNTS

MAY 13, 2019

Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the global average somewhat, with one-third of all in-person transactions happening via contactless card.

US 216

US New York City Comparison New York 216

PYMNTS

JUNE 3, 2020

Consumers are also rethinking whether they should be paying for goods with cash, credit cards or debit cards. Gas is not the only sector that has been hit, as store closures and consumers’ desires to trim spending have resulted in steep declines in retail purchasing. Apparel and accessory retailers reported an 89.3

Payments 137

Payments Cards Retail Examples 137

PYMNTS

OCTOBER 2, 2020

It was the wild card category for back-to-school, and it will be the wild card category for the holidays. percent of all consumer retail spend. The MacBook Air, by comparison, sells for $999 on Amazon as well as in the Apple Store. consumer’s whole paycheck. Census research team. That accounts for 2.3

Comparison 142

Comparison Analysis Apple Seattle 142

PYMNTS

FEBRUARY 19, 2018

Functioning properly, contract workers can reportedly be paid “within minutes” directly to a debit card. percent — of payments executives are focused on price comparison tools. That news comes as apps such as Earny can analyze credit card spending. Yet retailers are now offering shoppable photos on partner websites.

Payments 144

Payments Apple Comparison Virginia 144

PYMNTS

SEPTEMBER 18, 2020

percent of retail spend. By way of comparison, Amazon’s total sales for its highest spend category – electronics and appliances – were $71.6 By the way, Walmart , the standard comparison for Amazon results, couldn’t hang on the clothes rack, either. First, the data from the PYMNTS Whole Paycheck tracker. In 2016, it logged $20.5

Comparison 163

Comparison Seattle Retail Branding 163

FICO

JUNE 14, 2021

Our latest UK Credit Market Report on card trends for April 2021 shows the impact of the opening up of hospitality and retail on April 12. The figures include a 12 percent rise in card spend and more customers exceeding their card limit. Spend on UK cards continued to increase, along with the percentage of payments.

Cards 52

Cards Report Marketing Trends 52

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. And that figure marks an increase from the almost two-thirds – or 66.4

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Los Angeles Retail Philadelphia Miami 183

CFPB Monitor

NOVEMBER 21, 2016

The final Prepaid Card Rule requires not only so-called “packaging” or short form disclosures prior to acquisition of the prepaid card account, but also that a long form disclosure be provided to the consumer. Tristram Q.

Cards 60

Cards FDIC Comparison Retail 60

PYMNTS

JULY 3, 2019

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

APRIL 28, 2017

Apexx founders’ claim the service can save merchants as much as 15 percent on the cost associated with processing credit cards or debit card payments and alternative payments. Keenan previously was in charge of Zapp, the VocaLink-backed mobile payments startup that Mastercard purchased earlier this year.

Comparison 166

Comparison Fintech Branding Payments 166

Perficient

NOVEMBER 19, 2020

When customers can apply for the Apple Card, for example , and receive approval and begin using it in minutes, patience with financial institutions that take longer will wear thin. Retail customer acquisition in a physical, siloed world costs an average of $280. How long does it take to activate an account opened digitally?

social media 309

social media Customer Experience Knowledge Base Mobile 309

PYMNTS

FEBRUARY 25, 2019

The retailer is inviting specialty and national brands alike to offer items online, CNBC reported. By comparison, the hurdles to become a third-party seller are lower on Amazon and Walmart; on those sites, sellers ask for approval to sell through an application.

Branding 101

Branding Comparison Millennials Retail 101

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

DECEMBER 16, 2019

It also means that pharmacies — whether brick-and-mortar or online — are popular places, perhaps even part of a weekend to-do list that includes holiday retail shopping. That is certainly one possibility for innovation and disruption in the retail pharmacy space. That is, indeed, the ideal, as practiced by SingleCare. Larger Trends.

Mobile 142

Mobile Retail Innovation Course 142

PYMNTS

AUGUST 1, 2018

Cook called out Apple Pay’s rapidly expanding footprint: 24 global markets, 4,900 banking partners and new retail partnerships with eBay, CVS Pharmacy and 7Eleven. Perhaps the most controversial claim, designed to get a rise out of the mobile payments community, was Cook’s comparison of Apple Pay to PayPal in terms of number of transactions.

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Apple Comparison Mobile Retail 100

PYMNTS

JULY 2, 2019

The golden age of product reviews and price comparisons. Retailers are trying to stay ahead of the curve, and are sometimes on their own raising the minimum age to 21. All that presents challenges for retailers that want to stay on the good side of politicians, lawmakers, parents and consumer groups.

Retail 163

Retail Online Software Comparison 163

PYMNTS

SEPTEMBER 5, 2019

The system doesn’t require a “hard touch” — consumers do not have to lay their hand down on the scanner — instead, the consumer waves a hand over the device which then uses a combination of computer vision and depth geometry to identify the customer and connect to their card on file. The first, more minor issue, was consumer habit.

Payments 191

Payments Cards System Chicago 191

PYMNTS

MARCH 2, 2018

Cash back programs are nothing new for financial institutions (FIs), but the banking industry may be well-served to take a few cues from the masters of rewards: retailers. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers. Think like a retailer.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

SEPTEMBER 14, 2018

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

Branding 139

Branding Marketing San Francisco Seattle 139

PYMNTS

APRIL 10, 2018

These platforms reach consumers by reinforcing a behavior that consumers already exhibit — shopping with their credit and debit cards — while giving merchants valuable data. With Yelp’s program — similar to DOSH’s — customers’ payment cards are tied to their Yelp accounts. They just created an app and made it easier for me.”.

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social media Cards Comparison Examples 116