Tag: payments

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 […]

September 10, 2021

Why is payment orchestration suddenly getting so much attention? The truth is, it’s not a new idea, but what is different is the accelerated drive toward digital transformation and the advantages of cloud computing. Payment orchestration is no longer optional. […]

September 9, 2021

Digital wallets are estimated to account for $11 billion of online spend by 2026, according to figures from emerchantpay. The study, which has been published to examine consumer behaviour post pandemic shows that there will be stark differences in attitudes […]

August 18, 2021

It just got a little easier for consumers to buy now, pay later (BNPL) for purchases they may have otherwise put off. PayPal Holdings said starting this fall it will no longer charge late fees for missed payments on buy […]

August 11, 2021

Retail giant Amazon is taking on card behemoth Visa with plans to impose a half percent surcharge on all Visa credit card transactions in Singapore starting next month in its first ever such surcharge. “Due to Visa’s high cost of […]

July 26, 2021

You may have seen the news of installment payment company Affirm acquiring returns payment platform Returnly, and the more recent announcement of PayPal acquiring Happy Returns. Interestingly, we called this at the start of the year in our five predictions, […]

April 8, 2021

Communication and payments platform Podium has released Podium Card Readers, POS-connected devices designed to provide more ways for local businesses to collect and manage their payments. Card Readers can enable frictionless payments via text and in-store, allowing local businesses to […]

April 5, 2021

It has been a year of momentous change for the payments industry. Previously, emerging trends have seen a massive acceleration as a result of the pandemic. Years of transformation transpired in just a few months with rapid shifts in both […]

April 1, 2021

Humans have been dynamically evolving the concept of loans and credit in commerce for hundreds of years — culminating in the explosion of consumer credit cards in the 20th century. However, the practice of using credit is gaining traction even […]

December 8, 2020

Given this unprecedented pandemic, 7-Eleven created its mobile wallet to give customers a convenient, contactless way to pay, 7‑Eleven president and CEO Joe DePinto, said in a statement. It was also important to bring customers who use cash into the […]

September 15, 2020

As many retailers have taken a financial hit during the COVID-19 pandemic, Wayfair has managed to turn its losses around. In February, the retailer disclosed a net loss of $330.2 million, up from $143.8 million the year prior, and laid […]

September 1, 2020

PayPal has launched its own “buy now, pay later” (BNPL) scheme in a major challenge to market leaders like Klarna and Afterpay. ‘Pay in 4’ will be freely available to all merchants who accept PayPal as a payments option, which […]

July 14, 2020

It has been said that it takes 21 days to form a habit. With most of the country having been in quarantine and ordering necessities online since mid-March (well over 21 days), e-Commerce habits forged now are likely to stick […]