PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Apple has stiff rivals in the gaming market.

Video 120

Video Innovation Retail Apple 120

PYMNTS

NOVEMBER 7, 2018

Consumers reportedly have downloaded one million mini programs since their launch in early 2017 — that’s just less than half the size of the Apple App Store. According to one recent estimate , consumers globally in the third quarter of 2018 downloaded 29 million apps from Apple and Google app stores, up 10 percent year over year.

Marketing 122

Marketing Google Apple Mobile 122

PYMNTS

AUGUST 5, 2020

“For us, the revolution starts with the market,” said Co-founder and CEO Joshua Silberstein. The market is fundamentally changing, and as the market changes, so do the sources of competitive advantage. We do a complete marketing overhaul,” Silberstein explained. “We company to reach profitable unicorn status.

America 336

America Marketing Operations Retail 336

PYMNTS

OCTOBER 28, 2020

Many of those who are still employed continue to work remotely from home, making it abundantly clear that the digital-first market that has emerged since the pandemic’s outset will likely persist for the foreseeable future. Adding new payment gateways and automating payments operations are only half the battle, however.

Payments 257

Payments Report Operations United States 257

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. At the same time, 59% pursued credit to meet operating expenses.

Lending 221

Lending Trends Capital Strategy 221

Abrigo

MAY 24, 2023

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. As such, companies are forced to operate in a cash-only model, which can result in robbery, money laundering, and organized crime.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

SEPTEMBER 4, 2018

We’re actually inventing new ways of shopping,” AutoX’s chief operating officer, Jewel Li, told PYMNTS in an interview, adding that the current way many consumers shop for groceries is simply tedious. In terms of target market, Li said self-driving grocery services could appeal to busy moms or any consumer pressed for time.

Retail 122

Retail Mobile California Technology 122

PYMNTS

MARCH 8, 2019

Mobile point-of-sale (mPOS) adoption is becoming increasingly high on retailers’ to-do lists. In the March mPOS Tracker , PYMNTS explores the new mPOS uptake, as well as how mPOS providers are launching solutions into new markets, boosting their presence where they already operate and partnering to expand their reaches.

Samsung 142

Samsung Survey Atlanta Mobile 142

PYMNTS

SEPTEMBER 27, 2017

RIP retail. In a recent whitepaper, the firm noted that brick-and-mortar retailers face — and certainly feel — more pressure than ever to keep stores humming as centers of commerce. After all, over 90 percent of retail sales are still done in physical stores. Where Amazon treads, retailers tremble. Or, maybe not.

Retail 104

Retail Branding Online Examples 104

PYMNTS

JUNE 28, 2016

When thinking about your typical farmers market, omnicommerce is probably one of the last things that comes to mind. OurHarvest operates somewhat like a “pop-up farmers market” – a place where the farmers market meets online grocery. “We About The Tracker.

Marketing 100

Marketing New York City New York Mobile 100

PYMNTS

AUGUST 5, 2020

Agrawal said the company’s digital operations have grown not just in terms of dollar amounts, but also in terms of how many new customers the pandemic has brought in. Agrawal told PYMNTS that WU also saw its brick-and-mortar retail business begin to sharply recover in June and July as offices reopen worldwide. million ($1.43

United States 337

United States National Retail US 337

PYMNTS

DECEMBER 16, 2020

Southeast Asian super-app operator Gojek is launching its new GoBiz Plus point-of-sale (POS) technology for all-in-one-purposes for micro in addition to small to medium-sized businesses (SMBs) in Indonesia. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

Technology 240

Technology System social media Payments 240

PYMNTS

OCTOBER 26, 2017

Those who travel to some of the wealthier parts of the world, however, will discover the well-to-do have much more expensive unattended retail tastes. In fact, in various global markets, high-end luxury items can be purchased from both ATMs and unattended machines. A few years ago, U.S.

Retail 106

Retail Los Angeles social media Policies 106

Perficient

NOVEMBER 17, 2020

At the same time, Covid-19 presents opportunities for business leaders in the banking industry and beyond to develop strategies and branding that will define their future, as distinct market forces and customer behaviors will certainly emerge in the “new normal.”

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

MARCH 16, 2017

Rather than jumping on the custom app development bandwagon that often performs poorly due to lack of consumer downloads, businesses have been increasingly making the move to partner with Facebook’s Messenger chatbot. One surprising industry that’s entering this market is insurance. Cambridge, Mass.–based

Operations 107

Operations social media Comparison Industry 107

PYMNTS

JUNE 13, 2016

There once was a time when recurring charges for a regular retail purchase were only copacetic in consumers’ eyes as a way to pay down a big-ticket item over time or the accepted retainer for high-priced fashion and design consultants. Now, however, the subscription model for retail is as normal as the one-off transaction.

Retail 100

Retail Mobile Apple Policies 100

PYMNTS

APRIL 7, 2017

A world without checkout lines and a farewell to the fat wallet were just some of the tantalizing outcomes foreseen as mPOS devices started to make their way into retail stores years ago. Alas, consumers and merchants are still awaiting the realization of the envisioned blissful, wait-free retail utopia that was envisioned a while back.

Mobile 124

Mobile Retail Payments Trends 124

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. billion is the projected size of the interactive kiosk market by 2023. Consumers want their orders faster than ever before.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

DECEMBER 30, 2016

Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations. 2016 in payments was the year of an incredible shift in not only retailers’, but also consumers’ expectations and behavior regarding payments. Here is the response from Sean Dennis, cofounder and Chief Happiness Officer of Loyyal ….

Retail 129

Retail eBook Payments blockchain 129

PYMNTS

APRIL 18, 2019

Glass also argued with market analysts who forecast same store sales rate growth of 2 percent to 3 percent (a decline over the last two years’ 5 percent to 6 percent). Glass ruled that prediction “too bearish based on history for a best-in-class operator.”. The new rating came with a boosted price target to $283 from $268.

Marketing 100

Marketing Technology Innovation Mobile 100

PYMNTS

MAY 1, 2020

Consumers’ use of their computers to work remotely and shop for retail items in fact has increased 19 percent and 31.7 Will small- to mid-sized businesses (SMBs) follow consumers’ lead and digitize their operations to meet their new demands? percent, respectively.

Maine 161

Maine Data United States Meeting 161

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. While apps are used for gas station payments by only 4.5 You just have to set it up once.”.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

JANUARY 25, 2018

Less than a year after Amazon made headlines with its acquisition of Whole Foods Market, another grocer and eCommerce retailer may be teaming up, CNBC reported. and Canadian companies that may be interested in entering the Chinese market. The talks come as Alibaba has been making an effort to collaborate with U.S. billion ($2.87

Retail 101

Retail Big Data Analysis Groups 101

PYMNTS

NOVEMBER 9, 2020

market and is based on a survey of 2,170 consumers and 500 merchants. Subsequent reports will examine markets in Australia, Brazil and the United Kingdom. These circumstances reveal that retailers must offer digital services that go well beyond merely offering web or mobile sites. To learn more, download the report.

Study 217

Study Data United States Mobile 217

PYMNTS

APRIL 29, 2019

The vast majority of them expect to be larger in the next three years, and they see themselves expanding globally within existing markets, emerging markets in Asia and Latin America, and new digital channels. They estimated the cost of supporting these payment operations at an average of 2.7 percent of sales.

Payments 170

Payments Survey America Study 170

PYMNTS

FEBRUARY 8, 2017

It also works to solve a problem that many brick-and-mortar restaurants and retailers are currently experiencing in the mobile app space, said Prem Kiran, Fishbowl’s chief strategy officer. Founded in 2000, Fishbowl began as a first-generation marketing company focused primarily on email and email-related services, said Kiran.

Mobile 100

Mobile Google Retail Marketing Automation 100

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. For more on these and other onboarding items, download this month’s Tracker. . Embr Labs On Reducing Cart Abandonment, Boosting Sales Using Text Messaging.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

NOVEMBER 1, 2018

To purchase items at the store, consumers download an app called beePay, which connects to their credit cards or the company’s mobile payments wallet. It allows them to fully immerse themselves into the retail space with convenience and efficiency.”. Customers can then use one of two different checkout options to pay for their items.

Seattle 152

Seattle San Francisco New York City United States 152

PYMNTS

APRIL 2, 2019

The company relies on three financial benchmarks — devices, retail and services — and it hasn’t monetized any of its services just yet. The company also operates Mi Pay, a UPI-based payment platform, and its Mi Drop file transfer application has around 100 million downloads.

Samsung 108

Samsung Retail Video Regional 108

PYMNTS

JUNE 19, 2020

Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no easy feat. For more information on these stories and other payments orchestration headlines, download the Playbook. Around The Payments Orchestration Ecosystem. About The Playbook.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

JANUARY 2, 2020

Two companies corner 80-90 percent of the food-hailing market in South Africa – Uber Eats and South Africa’s Mr. D Food, which is part of the Naspers -controlled eCommerce firm Take-a-Lot, according to research firm Insight Surveys. The Mr. D Food app has an estimated two million downloads in South Africa and 700,000 active monthly users.

Regional 131

Regional Survey Data Marketing 131

PYMNTS

MARCH 15, 2019

Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. percent in Friday pre-market trading. Shows on the service operate much like QVC does, with hosts talking about and demonstrating Amazon products.

Strategy 115

Strategy Video Branding Mobile 115

PYMNTS

AUGUST 20, 2019

Face measurements and purchases happen via a mobile app that consumers download. “We We wanted the entire purchase process to be under five minutes from the time of downloading the app to placing the order,” he said. Fitz is also striving to combine its online and mobile strengths into in-person experiences via pop-up retail.

Mobile 153

Mobile Los Angeles Minneapolis Trends 153

PYMNTS

APRIL 19, 2017

A few years out and PayRange is still a startup that’s made great strides in delivering on its ambition of “reinventing the consumer experience in the world of automated retail.” Step Right up to the Unattended Cashless Retail Future. That’s not true for other parts of the world. Building for the Legacy.

Retail 119

Retail Operations Payments Marketing 119

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

OCTOBER 18, 2016

ImageSurge, a Boston-based unattended retail service provider, is looking to change the way consumers window shop. Here’s a preview: So far, Alshine said, imageSurge has been adopted by more than 150 retail storefronts and dozens of real estate companies throughout the U.S. ” Around the Unattended Retail world.

Retail 100

Retail Boston Mobile Technology 100

PYMNTS

JUNE 21, 2016

Consumer desire for convenience has brought upon changes across a wide range of retail environments. A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. About the Tracker.

Nashville 104

Nashville Tennessee Retail Online 104