Tag: payments

August 4, 2023

The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. However, with the industry’s gradual recovery, airports are starting to face new, […]

April 14, 2023

Amazon is adding convenient payment options to 11 Whole Foods Markets in the Denver area with the rollout of its Amazon One palm recognition solution. Additionally, the SouthGlenn, Colo. store will soon offer the Amazon Dash Cart, a smart shopping […]

April 10, 2023

Regional payments can be complex. It’s like a symphony where each instrument plays an individual role but is part of the whole to create one harmonious overall outcome. For retailers and regional payments, consumer payment preferences play one piece, while […]

April 7, 2023

Ralph Lauren has opened a concept store in Miami that will accept cryptocurrency payments through a partnership with BitPay, according to a tweet. Marking the first time Ralph Lauren will accept crypto as payment, the store will accept cryptocurrencies including […]

April 5, 2023

Buy Now, Pay Later (BNPL) solutions have exploded in popularity, with a staggering growth rate of 1000% since 2019. So far, this payment method has made it easy for millions to purchase nice-to-have items such as the latest iPhone, trendy […]

March 31, 2023

Retailers know that customer engagement must be the focus of their marketing efforts. And it’s increasingly clear that brands that embrace financial services within the customer journey are scoring highly on engagement scores. The only problem is, for many retailers, […]

March 17, 2023

The collapse last Friday of Silicon Valley Bank (SVB), which served as the go-to bank for tech startups and venture capital firms, didn’t spare the retail industry. Among those in the retail space impacted: Some Etsy sellers had their payments […]

February 15, 2023

Global payments leader Ingenico has unveiled what it calls the “future of payment”. “Introducing the world’s most secure, accurate and seamless biometric payment solution based on palm vein identification,” the company said in a release. The payments provider believes that […]

February 6, 2023

So far, 2023’s business outlook has been marked by uncertainty: Will a recession hit, and if so, how severe will it be? What will the Fed’s next move be? How will consumers and markets respond? While a cloudy future often […]

December 30, 2022

Buying goods online is second nature to most of us. Using our payment card whilst we shop online rarely gives us pause, and the many millions who buy online generally trust the system. However, the recent busy shopping season means […]

October 12, 2022

Retail stores come in all shapes and sizes, but if there’s one thing every shop needs, it’s a solid point of sale (POS) system. The POS plays a key role in any store’s day-to-day operations, as it drives the entire […]

October 6, 2022

Farfetch has announced it will offer customers the chance to purchase items on its marketplace with cryptocurrency in 37 countries. The luxury fashion platform said it will initially accept six cryptocurrencies which include Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), […]

September 29, 2022

Approximately 40% of retail employees say that the struggle to pay their bills is causing them excessive stress amid the cost of living crisis, according to data from vaping retailer Vape Club in its The Mental Health, Stress and Quitting […]

September 23, 2022

Small businesses just like yours are taking the plunge into ecommerce every day, by setting up simple online shops. If you’ve decided to make a push into online retail too, then figuring out how best to take online payments will […]

August 26, 2022

Buy now, pay later company Affirm has watched its shares tumble 11% in morning trading after posting a disappointing full-year revenue forecast. There has been a mixed picture for tech stocks and how they have dealt with rising rates of […]

August 24, 2022

Retailers may be missing out by not accepting payments in cryptocurrency, according to a new report by specialised payments platform Paysafe. The research reveals that a staggering 80% of crypto owners want to pay for goods with their crypto balances […]

April 21, 2022

Made, founded in 2009 following the Great Recession of 2008 to support up-and-coming designers, has found a newfound purpose during the COVID-19 pandemic. PayPal’s involvement in Made’s relaunch is part of the payments company’s efforts to close the racial wealth […]

March 22, 2022

Reach, a combined payments, tax and fraud platform designed to improve handling of cross-border commerce transactions, has received $30 million in its latest funding round. The solution provider will use the funding to scale up its development teams with a […]

March 9, 2022

Expect buy now, pay later to be a juggernaut in payments for years to come. That’s according to the 156-page 2022 Global Payments Report released March 2 by the Worldpay unit of Fidelity National Information Services, also known as FIS. […]

February 23, 2022

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying […]