Oracle jumps into payments for retailers
Payments Dive
JANUARY 13, 2023
The tech titan will now process payments for retailers, as opposed to sending that part of a transaction to third parties.
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Payments Dive
JANUARY 13, 2023
The tech titan will now process payments for retailers, as opposed to sending that part of a transaction to third parties.
Payments Dive
JANUARY 11, 2024
The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.
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Accenture
JANUARY 15, 2021
Central bank digital currencies (CBDCs) would help advance the digitalisation of payments and the economy as a whole. Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank.
Accenture
OCTOBER 4, 2021
Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.
Payments Dive
MAY 1, 2023
The giant retailers eagerly await instant payment system possibilities, especially as an alternative to card payments, according to industry professionals who heard their representatives speak recently.
Payments Dive
JULY 31, 2018
Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to deal with it?
Payments Dive
NOVEMBER 1, 2023
The payments processor’s new point-of-sale software for retail and restaurant customers will launch in early 2024, not this year.
Payments Dive
JULY 8, 2022
Retailers Pacsun and American Eagle Outfitters have similar target audiences but are approaching the rising popularity of digital currency differently.
Payments Dive
FEBRUARY 7, 2020
Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These installations take diverse forms, a CES panel demonstrated.
PYMNTS
JANUARY 15, 2021
In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. And in digital innovation, mobile payments are bridging the cash and digital divide in Pakistan. All this, Today in Data. 80% : Share of Pakistan’s adult population that is unbanked.
Payments Dive
FEBRUARY 12, 2019
A backlash against cashless retailers and restaurants has spurred legislation in multiple cities and states to force them to accept cash payments.
Payments Dive
OCTOBER 2, 2018
The world of mobile payments has changed significantly over the past decade – and particularly over the past few years as smartphones and other mobile devices have become ubiquitous. In this report, we will review some of the main themes and trends in the mobile payments market.
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 Merchants that had focused on getting customers to increase time in stores switched to efforts to decrease time in stores, with digital payments playing a key role.
Payments Dive
AUGUST 18, 2022
With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.
PYMNTS
AUGUST 3, 2020
COVID-19 and the ensuing economic downturn has caused B2B payment challenges to reach a new level. Vendors that once saw late buyer payments as unavoidable now risk going out of business if their clients don’t speed up the pace of payments.
PYMNTS
AUGUST 5, 2020
In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area.
Payments Dive
NOVEMBER 16, 2018
Retailers, payment technology providers and others are rolling out new services to make it easier to complete transactions on mobile platforms.
Payments Dive
APRIL 19, 2022
The speed of one-click checkout isn't the answer to every cart abandonment problem, says one payments tech executive. There are other factors for retailers to consider when determining whether the checkout experience is convenient for the customer.
PYMNTS
JANUARY 15, 2021
These codes are particularly useful when it comes to contactless payments, as they allow funds to be instantly transferred through a simple printout on restaurant bills or checkout counters. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth.
Payments Dive
JULY 14, 2020
As the COVID-19 pandemic has rapidly changed the e-commerce landscape, online sellers need to make sure they are offering a wide range of payment options that cater to the needs of their customers.
Payments Dive
OCTOBER 10, 2023
Pacsun, GameStop and Tag Heuer have all introduced crypto activations in recent years as the payment option grew in popularity.
PYMNTS
DECEMBER 16, 2020
Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.
PYMNTS
JULY 27, 2020
Retailers are starting to pay the rent. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. The biggest gain came from free-standing retail, which increased 12.1 Another key indicator came from a decrease in deferred rent and payment forbearance.
Payments Dive
MARCH 10, 2023
retail sales climbed about 7% in February over last year, alongside increases in restaurant and travel spending, Mastercard said in a report.
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. The study revealed merchants that offer flexible payment plans could tap into a loyal, sizable pool of digital consumers. Around The Buy Now, Pay Later World.
PYMNTS
AUGUST 6, 2019
As long as checkout and payments are part of the plan. In one sense, that describes the situation for mobile commerce — specifically, retail apps — as 2020 looms. New research from PYMNTS and LISNR digs deep into consumer views of mobile retail apps. The best is yet to come. Five or Fewer Apps.
PYMNTS
AUGUST 7, 2020
“If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”. As Bloomberg noted, bankruptcy gives tenants the power to reject leases and get out of payments, but the result is a mass of landlords missing their own mortgage payments.
PYMNTS
APRIL 10, 2019
With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards.
Payments Dive
SEPTEMBER 27, 2023
The FTC alleged in a lawsuit filed Tuesday against the online retail juggernaut that it maintained a monopoly partly through its checkout process.
Payments Dive
JUNE 29, 2023
The partnership will make vehicle-recognition payments for fleet owners available to more retailers across the country.
PYMNTS
FEBRUARY 6, 2020
Canadian global point-of-sale (POS) and eCommerce firm Lightspeed is teaming up with Silicon Valley payments platform Stripe to advance in-store and online payments for retailers and restaurants in the U.S. Restaurants and retailers will be able to process in-store payments and personalize readers with their own branding. .
ATM Marketplace
DECEMBER 14, 2021
Payments have gone through a transformation in the last two years. With COVID-19, customers have increasingly adopted other payments methods such as digital wallets; however, these payment options come with a variety of challenges for retailers and businesses such as fraud.
PYMNTS
JANUARY 20, 2020
As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.
Payments Dive
MARCH 29, 2018
Mobile payments continue to expand, making it important for operators of unattended retail equipment to invest in the technology. A speaker at the National Automatic Merchandising Association show in Las Vegas urged his fellow industry executives to get on board with the trend.
Payments Dive
MARCH 6, 2024
The convenience retailer is the latest to add this capability as it seeks to win over more business from corporate accounts and professional drivers.
PYMNTS
JANUARY 18, 2021
Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.
PYMNTS
JUNE 2, 2020
Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. It reported 52.4 Through May 15, only 51.35
The Paypers
MARCH 3, 2024
Estonia-based cryptocurrency payment gateway CoinsPaid has partnered with auto parts retailer ALVADI to enable crypto payments for its customers.
PYMNTS
JANUARY 7, 2021
In brick-and-mortar retail, women’s clothing and accessories company Charming Charlie aims to have a big comeback this year, while JCPenney is beginning the new year with a post-Chapter 11 reboot, with new owners, new financing and soon a new chief executive. All this, Today in Data.
PYMNTS
MARCH 6, 2019
In an interview with Karen Webster, Will Byrne, CEO of omnichannel solutions provider Worldnet , pointed to what he termed the “Uberization of the payment experience.” In other words, the notion of “unattended” need not be confined to the self-service kiosk-driven environment in a retail establishment. The Partnership Model.
PYMNTS
SEPTEMBER 6, 2019
Amazon is reportedly testing a biometric payment system with a handful of customized vending machines for employee use. workers is engaged at some level with the gig economy, and most of them hope that instant and faster payments continue to grow in scope. In disbursements news, a sizable portion of U.S. All this, Today in Data.
Bank Innovation
MARCH 10, 2020
The rollout of Amazon’s cashierless checkout technology stack to other retailers could amount to a double-edged sword for payments startups offering similar tools, as it offers new opportunities to compete while adding pressure to their business models.
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