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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177
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Unattended Retail Can Boost Visits To Stores

PYMNTS

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. The finding comes from Tillster , which partnered with SSI to study how offering self-service kiosks impacts guest behavior.

Retail 102
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Amazon May Account For Close To 50 Percent Of Online Sales This Year

PYMNTS

Amazon’s piece of the retail pie is expected to end the year even bigger, with market research firm eMarketer boosting its estimates on dollars spent at the eCommerce giant. When considering all retail sales, eMarketer said Amazon accounts for close to 4 percent of all retail transactions in the United States. percent to $452.8

Online 108
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Amazon Prime Members Amass More Spend On Amazon

PYMNTS

Good news for Amazon : A new study has found that Amazon Prime subscribers spend an average of $1,300 per year – and that its subscriber base continues to grow their spending. In fact, 63 percent of the eCommerce retail giant’s customers are Prime members, and in the past 12 months, the total subscriber base has grown by 38 percent.

eBook 100
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Will Mobile Wallets Ever Be Wallet Of Choice?

PYMNTS

While mobile wallets can be a quick and convenient option to help consumers expedite checkout, keep their information secure, and streamline retailer discounts and loyalty rewards, the adoption of mobile wallets continues to fall short of what was originally expected. How Mobile Wallets Can Grow Up. Keeping Mobile Secure .

Mobile 100
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Vending Machines Turn To The Bubbly To Gain More Sales

PYMNTS

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

Retail 122
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Gaming Accounts For $12B In PayPal’s Payment Volume Worldwide

PYMNTS

According to a study conducted by SuperData on behalf of PayPal between February and March, which included 25,000 active paying gamers throughout the world, survey respondents made purchases from a wide range of vendors over the last three months. In the U.S., reported shopping there for gaming content. .

Payments 102