Brick-and-mortar retailers in the United States and the United Kingdom faced stiff competition in 2022 as consumers continued to shop online for everything from essential groceries and health products to discretionary goods and services. The result: Innovation in real-time payment options and omnichannel marketing —...
With nearly every adult consumer carrying some type of smartphone, digital wallets are an increasingly viable alternative payment method at the point of sale (POS) and online. Payments are not all they can do, either: They have also become a convenient way to store loyalty...
Omnichannel shopping was on full display this holiday season, with buy now, pay later (BNPL) playing a starring role against a backdrop of economic turbulence. Where these trends meet offers a significant market opportunity for retailers, but merchants need to beware of potential hiccups in...
Contactless payment for purchases at the point of sale (POS) has retained its pandemic-boosted popularity, and physical cards and mobile devices equipped with near-field communication (NFC) technology allow consumers to simply and conveniently tap to pay in-store at virtually all retailers and restaurants. While NFC...
February 16, 2023
Brick-and-mortar retailers in the United States and the United Kingdom faced stiff competition in 2022 as consumers continued to shop online for everything from essential groceries and health products to discretionary goods and services. The result: Innovation in real-time payment options and omnichannel marketing — strengths of eCommerce — are now mandatory for these stores. […]
November 07, 2022
Contactless payment for purchases at the point of sale (POS) has retained its pandemic-boosted popularity, and physical cards and mobile devices equipped with near-field communication (NFC) technology allow consumers to...
August 01, 2022
Apple Pay extended its commanding lead over the mobile wallet competition in the last 12 months, now capturing 48% of all in-store mobile wallet payments in the United States, with...
October 26, 2016
Here’s a question for payments processors: At what point does value add become a distraction and detraction from the business at hand? According to Don Kasdon, CEO at credit card...
September 05, 2024
PayPal is integrating its debit card with Apple Wallet to enter the in-store payment arena. The company announced its omnichannel “PayPal Everywhere” solution Thursday (Sept. 5), and with it an expansion of its rewards program, letting users pick a monthly category of spending, such as groceries or clothing, to receive 5% cash back. “E-commerce has obviously been one of the […]
July 03, 2019
Payments company Nets announced that it is partnering with Swish, the number one payments app in Sweden, on an in-store payments pilot program. The program is the first of its...
April 10, 2019
Cashless retail, to a point, and then cashless and cash, too. Reports came Wednesday (April 10) across a variety of financial news conduits, among them CNBC, that Amazon will add...
October 16, 2018
Worldpay, the payment technology company, announced Tuesday (Oct. 16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in...
