PYMNTS

APRIL 1, 2019

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. In the latest Mobile Card Services Playbook , a collaboration with Ondot , PYMNTS surveyed more than 9,500 U.S.

Online 212

Online Cards Mobile Maine 212

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

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

DECEMBER 20, 2016

Unattended retail will be a $275 billion-a-year industry in three years. Which Mike Keegan, CEO of Transaction Network Services , said can only spell trouble for consumer adoption unless consumers are convinced that interacting with them digitally is totally secure. Here are the three data points they dug into.

Security 100

Security Retail Payments Data 100

PYMNTS

SEPTEMBER 18, 2017

How secure do you feel when it comes to payments? Consider a survey commissioned by payment, telecom and financial data solutions provider Transaction Network Services (TNS), which found that 85 percent of adults across the United States, the United Kingdom and Australia believe fraud attempts on debit and credit cards are on the upswing.

Security 152

Security Payments Survey Cards 152

PYMNTS

JANUARY 18, 2021

A survey that was conducted near the beginning of the pandemic found that 27 percent of small businesses reported an increase in contactless payment usage — a share that has likely increased since then. Many businesses, including French sporting goods retailer Decathlon , which has 1,647 stores worldwide and two in the U.S.,

Security 209

Security Payments System Retail 209

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that brings new opportunities to retail. But challenges remain, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Some of the latest developments from the retail side of the ecosystem come from the world of QSRs.

Retail 163

Retail Security Google Survey 163

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

OCTOBER 19, 2018

The Nationwide fourth annual business owner survey released at the end of last month, which surveyed 1,000 small and mid-sized business owners about their views on cybersecurity, found that an overwhelming majority – 91 percent – use connected technology. The Vulnerabilities of Retail (and Other Sectors).

Study 191

Study Security Survey Data 191

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.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

APRIL 2, 2019

Storing a card on file is an integral part of the shopping experience for many consumers, as eCommerce continues to explode across the retail landscape. percent: Share of credit union customers in a recent survey who identified trust as a reason to remain with their institutions. is projected to soon have a billion-dollar value.

Cards 108

Cards Survey Fraud Security 108

PYMNTS

NOVEMBER 20, 2020

Firms recognize that not all employees can receive payments into bank accounts, and these companies must therefore provide secure, convenient alternatives. One survey found that 6.5 A 2018 survey polled 158 U.S.-based It found that just 2 percent of respondents offered payroll cards in 2014, but that this figure had risen to 28.5

Cards 197

Cards Tools Survey Payments 197

PYMNTS

APRIL 3, 2018

Reports in The Motley Fool on Monday (April 2) found Amazon — despite being blamed for lower mall traffic, business downturn at mega-retailers like Toys R Us and heightened competition against small businesses — may actually be more beneficial than harmful for SMBs. Two-thirds said they use their own websites.

Survey 119

Survey Online Retail Cards 119

PYMNTS

APRIL 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. An ACI Worldwide and YouGov survey, for instance, found that more than six in 10 – or 62 percent – of U.S. Mobile wallets , however, have advantages that span from convenience to security.

Security 140

Security Mobile Retail Survey 140

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. Our survey showed a positive outlook for banks and card issuers investing and innovating significantly in the digital space. The impact on consumers has been twofold.

Customer Experience 59

Customer Experience Survey Fraud Cards 59

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

JANUARY 18, 2020

More impressive, according to shop owner Aquila Brown, the burglar managed to avoid ever directly looking at the security cameras, and managed to locate the cash register instantly, despite the fact that it had been recently relocated in the shop. Botched crimes in local retail are common. Organized Crime’s Physical Retail Expansion .

Retail 147

Retail Colorado Cards Resources 147

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil. Throughout the countries we surveyed, RTP usage shows no signs of slowing.

Survey 52

Survey Payments Fraud Management 52

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that is bring new opportunities to retail. But challenges remains, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Among the latest developments from the retail side of the ecosystem comes from the world of QSRs.

Retail 109

Retail Google Survey Security 109

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

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

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

Security 131

Security Fraud Analytics Tools 131

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 Amazon Effort.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

MARCH 18, 2016

Embedded digital security company Oberthur Technologies released on Thursday (March 17) the results of a survey showing that 80 percent of respondents would be more likely to use a MOTION CODE-enabled card over one that has a static and printed CVV code when shopping online.

Cards 100

Cards Security Fraud Online 100

PYMNTS

JANUARY 13, 2021

Phishing scams were on the rise all year, while a survey of online shoppers found that 40.3 percent had falsely claimed a charge on their credit card was fraudulent to score a refund. The onus thus falls on retailers to protect their customers, which said customers agree with wholeheartedly.

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

MARCH 4, 2020

That’s one of the conclusions drawn from a new report on customer loyalty from Merkle, and it holds some clues for retailers looking to improve the recency and frequency of customer visits and purchases. “To What keeps a consumer loyal isn’t a loyalty program or even a store-branded card offering goodies or rewards.

Retail 131

Retail Branding Report Tools 131

PYMNTS

OCTOBER 1, 2020

A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers. She introduced curbside pickup in June as customer behavior shifted.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

JUNE 8, 2017

The more connected devices consumers have, the more concerned they are about the security of their financial information. Today’s shoppers want the transparency of being able to verify that they’ve been charged the correct amount, and many aren’t willing to trade this security for the convenience of auto-payments.

Security 151

Security social media Study Google 151

PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. This method allows consumers to use retailers’ websites or apps to browse, select and pay for items, after which they then visit physical stores to collect their goods. Quick Access and Impulses. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108

PYMNTS

FEBRUARY 23, 2016

1, around half of “big retailers” had EMV while smaller retailers were clocking in at 10 percent to 33 percent, depending on whose count one liked. retailers are able to process chip-card transactions. The challenges to adoption, in fairness to those retailers, have been formidable. They weren’t.

Retail 100

Retail Survey Fraud Cards 100

PYMNTS

NOVEMBER 16, 2020

Securities and Exchange Commission issues a dire fraud warning. Securities and Exchange Commission in October alone as the SEC warns that cyberattacks against corporations are on the rise. 155 percent more cases of invoice and payment fraud hit organizations from Q2 to Q3 , the latest analysis from Abnormal Security has found.

Fraud 242

Fraud Security Data Cards 242

PYMNTS

MARCH 1, 2019

When credit cards first debuted in 1920s America,they brought with them myriad benefits. For instance, prior to a law passed by Congress in the mid-1970s, companies could mail consumers activated credit cards without their consent. According to a 2017 YouGov survey, 65 percent of SMBs in the U.S. Security strategies.

Security 134

Security Payments Fraud Cards 134

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

SEPTEMBER 8, 2020

Since its launch, Apple Pay transactions at brick-and-mortar retailers relied on NFC and an iPhone near the payment terminal to make a contactless purchase. In the filing, Apple describes a secure transaction without direct communication of sensitive data between the user’s device and a retailer’s platform.

Apple 257

Apple Survey Study Retail 257

PYMNTS

NOVEMBER 16, 2016

According to a recent survey from Discover , one of the biggest drivers of consumer spending this holiday shopping season is the chance to earn credit card rewards. The survey revealed that nearly half of shoppers (46 percent) said their top reason for doing so much shopping was to earn rewards.

Cards 100

Cards Survey Online Trends 100

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

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Additionally, a majority thought there were already too many security checks regarding card payments.

Retail 162

Retail User Experience Compliance Regulation 162