PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . One survey found that 6.5 A 2018 survey polled 158 U.S.-based Paying unbanked workers . based organizations, 41.2

Cards 197

Cards Tools Survey Payments 197

PYMNTS

DECEMBER 11, 2017

It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB). This year the scam relies on thieves grabbing cards off the rack, scratching the film that covers the card PIN underneath and copying the relevant numbers.

Cards 129

Cards Fraud Retail National 129

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79

Retail 127

Retail Innovation Course Trends 127

PYMNTS

DECEMBER 21, 2020

One recent report that surveyed consumers from the U.K., and five other nations identified 100 million potentially fraudulent transactions between March 11 and April 28, for example. One May report noted a 54 percent month-over-month increase in loyalty- and gift card-related promotion abuse, for example.

Fraud 210

Fraud Cards Retail Resources 210

PYMNTS

DECEMBER 8, 2017

They say gift cards are the gift that always fits. Thieves simply walk into Walmart, Target, Home Depot, Lowe’s or another big-name retailer, steal an item, return it at a different store without a receipt and receive a gift card in return, which they can then turn around and sell to a pawn shop or secondary store for a lower price.

Fraud 105

Fraud Cards Tennessee Retail 105

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. I feel like I could’ve found a way around any rule they make,” Ashlee Smith, 24, told CNBC.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

NOVEMBER 14, 2018

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

Retail Payments Apple Online 131

PYMNTS

OCTOBER 28, 2016

According to the National Retail Federation ‘s annual consumer spending survey, shoppers may have a more conservative holiday spending budget as a result of the upcoming election. The study used data points for 50 major retailers collected on a weekly basis and have been refined since 2001.

Retail 100

Retail Study Survey National 100

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. 1281), seeking to combat a trend — namely that more businesses are embracing card-only payment methods spanning debit and credit — the ban would also result in fines of hundreds of dollars per violation.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

FEBRUARY 23, 2017

In years past, this money was typically spent on things like paying off credit cards, buying new clothes or taking a trip somewhere exotic. That day is when the IRS hands out tax refund checks from the previous year’s tax filing. Not this year.

Taxes 100

Taxes Survey Analytics National 100

PYMNTS

JANUARY 14, 2021

27 in the retail goods space among the organization’s owner credit unions were up 26.2 percent market rate that the National Retail Federation (NRF) had predicted, according to the release. percent of card present activity on contactless credit cards. Purchases between Nov. percent for debit and 18.1 percent to 5.2

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

APRIL 9, 2020

Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. consumers who had shopped in a physical retail location during the previous week. percent of total retail sales, excluding online and vehicle sales.”. Noting that Apple Pay enabled $4.5 billion in 2020 — without taking COVID-19 impacts into account. percent to 80.2

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

NOVEMBER 18, 2018

Chase has announced the launch of Chase Offers, which will allow customers to find deals and earn statement credits when shopping at their favorite retail stores. Customers who log into their Chase app can access Chase Offers from more than 150 merchants including retailers, restaurants, and many of the company’s existing merchant partners.

Mobile 167

Mobile Retail Cards Survey 167

PYMNTS

DECEMBER 16, 2019

A recent National Restaurant Association (NRA) survey found that 43 percent of consumers want to order via app, but only 18 percent of NRA members have it on the menu. Credit/debit card pilferage is their core trade, so naturally, they’ve latched onto gift cards in a big way. Would You Like Hacking with That?

Mobile 134

Mobile Fraud Cards Survey 134

PYMNTS

DECEMBER 3, 2020

After the year we’ve seen so far, uncertainty is probably just about the last thing the retail segment wants as a holiday present for 2020. Judging by Ondot ’s data from a recently conducted consumer survey, that means holiday shopping is going to be online and on mobile to a degree never before seen. The New Landscape .

Cards 210

Cards Online Trends Survey 210

PYMNTS

DECEMBER 11, 2020

According to the survey data, 79.6 That includes things like contactless credit and debit cards, digital wallets, cards on file or other digital methods. percent reported interest in card on file and 17.9 percent fewer consumers use contactless credit cards than would like to, while 15.1 percent of all U.S.

Study 240

Study Online Cards National 240

PYMNTS

NOVEMBER 27, 2019

Retailers are certainly in the swing of things. The retailer is also planning events based on popular culture, with Pokémon, Frozen and Star Wars on the roster. Aiming to attract more kids and parents to the store, the retailer is aiming to make the experience as enjoyable as possible. That’s not all.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. percent of total value came from card payments, slightly outpacing the 48.3

Course 221

Course Cards Fintech Payments 221

PYMNTS

NOVEMBER 23, 2020

To say the least, the retail industry finds itself in the middle of a tricky holiday season. According to the survey, a large swath of those early shoppers were parents of children under 18 years of age, 44 percent of whom had managed to wrap up their holiday shopping before outfitting their kids in Halloween costumes this year.

Retail 248

Retail Online Survey Course 248

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

Tomorrow's Transactions

OCTOBER 2, 2020

A recent survey funded by the National Retail Foundation, found that no-touch payments have increased for 69 percent of US retailers surveyed, since January 2020. In May, Mastercard reported that 78%… Continue reading Payment Card issuance errors; leaving the door wide open for fraudsters.

Cards 39

Cards Payments Survey National 39

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.

Comparison 145

Comparison Retail Survey Washington 145

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Nearly 90 percent of millennials have credit cards, yet still seek new ways to finance their online purchases.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. 11 percent of businesses surveyed in Microsoft’s 2019 Global Cyber Risk Perception Survey said they are confident about their cyber resilience. Stronger passwords.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

JUNE 6, 2017

Dads are getting some extra love this Father’s Day, according to a study by the National Retail Federation (NRF). Seventy-seven percent of consumers surveyed said they planned to celebrate the holiday, whether they’re buying gifts for their own father or for a husband or son. That’s up from $14.3

Study 120

Study Survey National Retail 120

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

SEPTEMBER 28, 2020

Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. On one level, that sentiment is pretty unsurprising, as it lines up nicely with similar sentiments PYMNTS has observed among U.S.-based

Marketing 237

Marketing Survey Online New York 237

PYMNTS

JANUARY 26, 2021

The Ecos specifications say that any device will be able to be used as a payment device, making it less necessary to carry backup cards or payment methods. From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF. FedNow Shares Pilot Program Participants.

Technology 154

Technology Payments Strategy Retail 154

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

MARCH 6, 2018

Today in PYMNTS data, call centers are putting customers at risk by having them read their sensitive information aloud, vertical farming systems could revolutionize urban produce output and consumers are dissatisfied with apparel and accessory retailers’ omnichannel offerings. Respondents told NACHA they expect cards to hold 12.5

Data 100

Data Payments Survey System 100

PYMNTS

MAY 8, 2018

The decision is intended to both prevent fraud and reduce errors, the retailer said. The news comes as major retailers like Target , Home Depot , Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend.

Tennessee 101

Tennessee Policies Retail Fraud 101

PYMNTS

AUGUST 24, 2018

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

JUNE 19, 2018

Fifty-five percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was a third-party aggregator app. Twenty-six percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was delivery. Debit Cards. Gift Cards. Eleven percent of U.S.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

APRIL 25, 2017

According to the National Retail Federation’s (NRF) fourteenth annual survey, consumers are set to spend a record-breaking $23.6 In the organization’s history of administering this survey via Prosper Insights & Analytics, this is the highest amount of money ever projected for this special day.

Analytics 101

Analytics Survey Millennials National 101

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Payments and banking products were pushed to the head of the digital-first line thanks to the pandemic, leading to the acceleration of contactless and card-not-present commerce.

Study 205

Study Cards Payments Innovation 205