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. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

Cards 291

Cards United States Strategy Retail 291

PYMNTS

DECEMBER 7, 2020

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters reported on Monday (Dec. BNPL transactions allow users to pay for merchandise across several installments interest-free, while also paying the retailer in full at the time of the sale.

Capital 184

Capital Cards Millennials Regional 184

PYMNTS

DECEMBER 23, 2020

In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Italian Shoppers Embrace New Cash-Back Program For Credit Card Payments. The survey data was collected between Nov 30 and Dec.

Retail 167

Retail Atlanta Survey Taxes 167

PYMNTS

NOVEMBER 17, 2020

retail sales rose 0.3 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 A Bloomberg survey forecasted a 0.5 September retail numbers were up 1.6 percent in October to $553.3

Retail 134

Retail America Survey Cards 134

The Paypers

OCTOBER 13, 2023

Payments Europe reveals key traits of the value and cost of cards in the payment ecosystem, based on its newly released survey on merchants working in retail in Europe.

Cards 76

Cards Payments Survey Retail 76

PYMNTS

JULY 20, 2020

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Deloitte predicted roughly flat year-over-year U.S. back-to-school spending of $28.1

Retail 130

Retail United States Survey Analytics 130

PYMNTS

DECEMBER 2, 2020

This will not only help retail items be more accessible to more consumers but could help merchants bounce back from what may have been a rocky year in sales due to the pandemic. Nearly 20 percent of shoppers ages 22 to 30 lack credit histories that are robust enough to grant them credit card approval, for example.

Retail 194

Retail Millennials Payments Analysis 194

PYMNTS

APRIL 10, 2019

certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards. From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As Progressive retailers have paved the way for this with email collection at registers, enabling them to connect their customers’ behavior in-store with them online.

Retail 211

Retail Payments Online Marketing Strategies 211

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Cards 207

Cards Data Compliance Payments 207

PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169

Retail US Survey Examples 169

PYMNTS

SEPTEMBER 4, 2020

Caught between the focus on Labor Day and the holiday season, yet another retail event looks like it’s being scorched by the pandemic. Halloween sales are expected to be significantly impacted by social distancing concerns, and some retailers are already warning about the consequences. “We Halloween spending in the U.S.

Retail 155

Retail Survey National Trends 155

Bank Innovation

APRIL 17, 2018

Americans prefer paying with EMV chip cards to swiping their cards or even paying with cash, according to a recent survey from financial technology solutions provider Fiserv. According to the report, released last week, 36% of the people surveyed said they preferred EMV chip cards to other payment methods.

Cards 199

Cards Payments Survey Financial Technology 199

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

FEBRUARY 8, 2019

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. billion on gift cards and $933 million on greeting cards. The survey asked 7,384 adults aged 18 or older the questions between Jan. billion, followed by a date night at $3.5 billion, clothing at $2.1

Retail 150

Retail Survey Analytics Cards 150

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

Bank Innovation

JULY 25, 2017

Customer fears about card security and fraud is increasing, but as it turns out, fewer consumers are actually experiencing that fraud. This is according to the Consumer Payment Card Data Security Perceptions survey by data solutions provider Transaction Network Services, released today.

Fraud 230

Fraud Cards Survey Security 230

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

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options. Retail Environment.

Retail 207

Retail Security Payments United States 207

PYMNTS

JUNE 10, 2019

Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a secured card, and the firms also will offer budgeting tools.

Cards 190

Cards Security Survey Tools 190

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

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

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . percent of cards in circulation at that time were capable of making such payments. percent of U.S.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

FEBRUARY 14, 2020

But there’s an entirely different retail universe where human “help” feels like an imposition. Shopping at one’s own pace, unaccosted by sales associates, is a core allure of unattended retail (UR). Highlights of the new survey reveal a budding consumer love affair with aspects of UR. UR Still Far from Mainstream.

Retail 143

Retail US Report Cards 143

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.”.

Retail 149

Retail Data Online Cards 149

PYMNTS

NOVEMBER 30, 2020

Outback Steakhouse has rolled out a new “curbside concierge” option for holiday gift card shopping, according to a Monday (Nov. Customers call ahead or go to their nearby restaurant and drive into a set gift card drive-up parking spot with the service. Customers who purchase $50 in gift cards up to Dec. 30) announcement.

Cards 144

Cards United States Millennials Survey 144

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. According to a survey, more than 74 percent of financial executives in the U.S.

Cards 199

Cards Tools Payments Technology 199

PYMNTS

MAY 25, 2020

While it’s clear that the digital shift will stick in the retail ecosystem, other elements of the landscape are harder to predict. The survey found that 30 percent of all SMBs have either failed or don’t know how they can recover. The overwhelming majority of retailers lack these elements, and it will be a tough ditch to climb out of.

Retail 161

Retail Strategy Training Customer Experience 161

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.

How To 317

How To Retail Survey Mobile 317

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

SEPTEMBER 21, 2018

billion in Halloween spending, the National Retail Federation ’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. Retailers are stocking up to supply children, pets and adults with their favorite decorations, candy and costumes for the season.”. Just under last year’s record $9.1

National 126

National Retail Millennials Survey 126

PYMNTS

JULY 30, 2019

is launching its first private-label credit card with Mastercard and Alliance Data. Our new credit cards align with our mission to deliver the best experience for home renovation and design, whether you’re building a custom home or decorating a small room,” said Sanjay Raman, vice president of product, marketplace at Houzz. “Our

Branding 129

Branding Cards Community Analytics 129

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

DECEMBER 7, 2020

End-to-end gift card platform Qwikcilver has launched its Woohoo virtual gift card store on the Google Pay Spot Platform to enable users in India to buy and send virtual gift cards in real time, the United News of India reported on Monday (Dec. The more upscale the restaurant, the greater the decline.

Google 148

Google Cards Millennials Survey 148

PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail. While only 10.3

Retail 132

Retail Branding Online New York 132

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