article thumbnail

Today In Payments: Amazon One Lets Consumers Pay By Hand; Stripe Heads $12M Funding Round For PayMongo

PYMNTS

The feature is currently only available at two Amazon Go stores in Seattle, but the eCommerce giant plans to expand it to its other checkout-free stores. Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts receivable departments nerve-wracking over the last six months.

Payments 148
article thumbnail

Why Grocers Are Providing Fresh Options For Digital Omnicommerce Shopping

PYMNTS

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. The news came a few months after Amazon opened a cashierless C-store in Seattle. Based on the results of conversations with 5,000 consumers in the U.S.,

Seattle 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Traditional Healthcare Is Going Under The Knife Of Disruption

PYMNTS

And the retailer ponied up a reported $200 million for pieces of Seattle-based startup CareZone ’s technology, which personalizes prescription drug management for individuals. Walmart has also reportedly created a new insurance subsidiary that’s set up for the moment to sell Medicare Advantage plans.

Retail 219
article thumbnail

Amazon Tracker: Busy Week

PYMNTS

Stateside, the coveted millennial market accounted for the largest share of online apparel revenue in 2015 and 2016, according to insight from market research and analytics firm Slice Intelligence. As for where millennials spent their apparel budget, Slice found that millennials are most likely to turn to Amazon.

article thumbnail

You May Kiss The Bride — After You Shop Online

PYMNTS

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. When in doubt, bet on digital. Industry Changes. Online Advantages.

Online 100
article thumbnail

Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

It was a winning recipe: After opening the first Costco in Seattle in 1983, the retailer grew its sales from zero to $3 billion in under six years. And, like Costco, it has a limited selection, which makes for a more efficient operation. “By Because of its large membership base, Costco is very efficient and has strong buying power.

article thumbnail

QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

The company has recently seen positive momentum and improved operating performance, and delivery is projected to accelerate future growth. Already, a cashless store concept is already up and running in a Seattle pilot. They’ve done a good job of connecting with the millennials and Gen Z.”. Starbucks’ $18.4 Subway’s $10.8

Online 101