PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. And in B2B payments, virtual cards are helping firms manage spend in real time.

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Retail Data Trends Online 187

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.

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PYMNTS

NOVEMBER 16, 2020

They have paid down their credit cards. Several studies have validated various spending trends that could make this scenario tenable. The main one centers on the drop in credit card spend. Additionally, total card balances fell to $723 billion, a decline of more than 10 percent year over year and the lowest since Q2 2017.

Cards 302

Cards Retail Survey Trends 302

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

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Retail Millennials Online Report 252

PYMNTS

OCTOBER 9, 2020

Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well, with some experts predicting that more than 2.1

Fraud 188

Fraud Retail Report Online 188

PYMNTS

AUGUST 4, 2020

Social shopping is the latest pandemic-driven trend to catch fire. Although it is built for retail eCommerce, Tuli will start with restaurants. It also includes an online ordering solution at what the company says is an industry-low 10 percent commission, including credit card fees. 4) with Tuli. On Tuesday (Aug.

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PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. She said a few factors — some more obvious than others — are pushing that trend. Not All ‘Gift’ Cards Are Gifts .

Cards 291

Cards United States Strategy Retail 291

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

Online 101

Online Retail Regional Trends 101

PYMNTS

NOVEMBER 16, 2020

In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. Physical cards are changing form, as some NFC-capable mini-cards are being embedded in rings and other wearables. This development is fitting, considering the degree to which commerce has shifted online since the pandemic.

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Cards Payments Innovation Customer Experience 239

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Capital One Halts BNPL Transactions On Its Credit Cards. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company.

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PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. consumers have gone online to shop since the pandemic started. PYMNTS research shows that 42.2

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Retail New York City Online Trends 131

PYMNTS

JANUARY 19, 2021

Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. A great example would be buy online, pick up in-store," noted Bachalli. Along with the adoption of B2B eCommerce came the proliferation of different kinds of buying models. "A

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Online Marketing Payments Operations 275

PYMNTS

NOVEMBER 27, 2019

The holiday shopping season is upon us, and the trends for the season are emerging. Retailers are certainly in the swing of things. To make things easier for shoppers, Walmart is also introducing an online gift finder and will launch a digital toy catalog on Nov.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

DECEMBER 10, 2019

Bridge millennials’ rise is changing the retail ecosystem ahead of the 2019 holiday season, but their impacts will continue to be felt in the year ahead. The group also spends more than other demographics, averaging $2,225 in retail purchases per year. Bridge millennials are becoming bellwethers of shifting retail trends.

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Millennials Retail Groups Online 136

PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.

Cards 197

Cards Security Tools Online 197

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

DECEMBER 3, 2020

And rage they did, with digital sales blowing past storefront and mall retail. The new survey confirms a trend that’s been building for at least two years, which was greatly accelerated by the COVID-19 pandemic and its icy effect on physical retail. percent of Black Friday eCommerce shoppers who paid via credit card.”.

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Retail Data Online Cards 149

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

Cards 159

Cards Branding Customer Experience Innovation 159

PYMNTS

OCTOBER 23, 2020

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

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PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

Retail 108

Retail Online Study Alaska 108

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

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Retail Millennials Cards social media 183

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. 11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. Uber reported its earnings last week.

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Retail Cards Millennials Fraud 141

PYMNTS

JUNE 17, 2019

Is the store register on its way out in favor of other retail and payments innovation? In case you didn’t hear, Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant the retail chain couldn’t process cards or other forms of payment.

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Retail Payments Metro Software 138

Banking Exchange

SEPTEMBER 13, 2019

Consumer Credit The Economy Feature Financial Trends Lines of Business Retail Banking Payments Social Media Cards Community Banking Feature3 Online Mobile. "It provides the encouragement people need to vote with their dollars."

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social media Online Cards Community Bank 68

PYMNTS

JULY 31, 2018

s Fa ster Payments Support Everyday Retail? retailers are looking for cheaper, faster alternatives to card-based payments, and some financial players think the Faster Payments rail could be key. Can The U.K.’s A number of U.K. But that introduces new complexities, says Marion King, director of payments for NatWest.

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Retail Trends Payments Regional 148

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. Around The Buy Now, Pay Later World.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. From Walgreens to HP , retailers and technology providers are embracing the world of mobile payments through the help of point-of-sale technology.

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Retail Technology Atlanta San Francisco 213

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

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Cards Security ATM Data 151

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

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Retail Management Fraud Omaha 228

PYMNTS

OCTOBER 21, 2020

Customers are shopping online more often and are more frequently opting for contactless payment methods in stores, for example. One recent study found that 29 percent of customers would stop shopping with retailers that they felt offered inadequate public health or safety measures, for example. Forty-six percent of U.S.

Retail 174

Retail Payments Report Trends 174

PYMNTS

JULY 28, 2020

consumers did at least some shopping online as of April 11 — a figure that had risen to 35.7 Consumers are also changing how they pay for their purchases, with a recent study finding that debit card spend was up 11.7 Debit cards are also being used to more quickly pay workers who need fast compensation now more than ever.

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Cards Rhode Island Payments Online 212

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

Cards 150

Cards Analysis Retail Apple 150

PYMNTS

OCTOBER 22, 2020

That compares to 34 percent saying they would not buy from merchants at all if QR code-enabled payments were unavailable, 40 percent of consumers who prefer digital wallets and won’t buy from merchants that don’t accept them, and 37 percent who won’t shop someplace unless their contactless card is accepted. Klarna’s Growing Partner Roster .

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Trends Payments Retail Meeting 193

PYMNTS

JULY 3, 2019

That’s when there is generally another point of frustration and friction: checking out after the dental work, perhaps giving over a payment card and signing up for another appointment. In fact, the vast majority of the growth NMI is seeing is happening almost entirely outside of retail. She was able to simply go home. “It

Retail 133

Retail Software Mobile Payments 133

PYMNTS

JUNE 8, 2020

The COVID-19 pandemic has led consumers to try digital tools for grocery shopping, and the total number of online grocery orders in the U.S. That month saw 40 million customers head online to shop for groceries, and these customers are expecting their preferred chains to keep up with that shift. . reached a record 62.5

Online 144

Online Mobile Tools Retail 144

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Credit card profitability remains attractive for banks with our ROA proxies increasing 43 bps YoY?. New partnerships.

Cards 158

Cards US Taxes Apple 158

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. Developments From The World Of Digital Fraud.

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