Retail: Page 24
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One-fifth of consumers consider BNPL to stretch holiday budgets: survey
Millennials are the most willing age group to consider BNPL to manage holiday spending amid rising prices, according to a Square and Afterpay report.
By Tatiana Walk-Morris • Oct. 3, 2023 -
Payment security at the pump tops consumer demands: survey
A fast payment process is another top feature customers value when buying items from convenience stores, Dover Fueling Solutions noted in its latest report.
By Jessica Loder • Oct. 3, 2023 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-border payments targeted for upgrades
When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.
By Payments Dive staff -
States split over gun merchant category code
California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.
By Caitlin Mullen • Oct. 2, 2023 -
Discover, FDIC reach consent agreement
The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.
By Caitlin Mullen • Oct. 2, 2023 -
Supreme Court to consider debit fee case
The U.S. Supreme Court agreed to hear the petition of a North Dakota merchant group that sued over the Federal Reserve Board’s calculation of a debit fee cap.
By Lynne Marek • Sept. 29, 2023 -
Q&A
How Blackhawk Network quit PVC cards
“There's a huge, huge upside” for the environment every time a gift card is made from paper instead of PVC plastic, Blackhawk Network Senior Vice President Cara Renfroe said in an interview.
By James Pothen • Sept. 29, 2023 -
Global Payments tops Worldpay debt rating
Global Payments landed a better mark from debt rating agency Fitch than did Worldpay in recent reports. That may matter as they pursue acquisitions.
By Lynne Marek • Sept. 29, 2023 -
Keeping track of multiple BNPL loans? There’s an app for that.
Cushion CEO Paul Kesserwani felt overwhelmed when he tried to keep track of several BNPL loans at once, so he shifted his fintech’s focus to help others in the same boat.
By Gabrielle Saulsbery • Sept. 28, 2023 -
Jack Dorsey faces full Square agenda
The billionaire co-founder is likely to focus on large clients, sales strategy and IT issues after he takes over the Block merchant unit next week, analysts predicted.
By Caitlin Mullen • Sept. 28, 2023 -
Retrieved from Matt Navarra/Twitter on September 28, 2023Column
TikTok moves to add ‘in-app’ wallet
The social media app has taken another step toward providing in-app commerce and payments, but may face regulatory resistance.
By Andrew Hutchinson • Sept. 27, 2023 -
Column
Social apps face challenges in implementing shopping tools
Facilitating digital payments would be a big win for social apps, but regulators are less enthused.
By Andrew Hutchinson • Sept. 27, 2023 -
FTC lawsuit knocks Amazon on payments play
The FTC alleged in a lawsuit filed Tuesday against the online retail juggernaut that it maintained a monopoly partly through its checkout process.
By Lynne Marek • Sept. 27, 2023 -
Retrieved from Business Wire on September 27, 2023
Square adds merchant tools
Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.
By Caitlin Mullen • Sept. 27, 2023 -
Retrieved from Wawa press release.
Wawa’s $10.7M data breach lawsuit against Mastercard thrown out
The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.
By Brett Dworski • Sept. 26, 2023 -
BNPL users ‘financially fragile,’ NY Fed says
Consumers using BNPL have lower credit scores, have been delinquent on a loan or have been rejected for a credit application over the past year, New York Fed researchers said.
By Caitlin Mullen • Sept. 26, 2023 -
Mastercard fires back at Durbin in letter
The CCCA would “remove consumer choice, erode security, eliminate rewards, and dramatically prevent small businesses from investing in their future,” Mastercard said in a letter.
By James Pothen • Sept. 25, 2023 -
Sponsored by Adobe
Hassle-free holidays — how Quick Checkout transforms first-time customers into fans
Quick Checkout helps merchants streamline the checkout process.
Sept. 25, 2023 -
Payments processing can get complicated. Here’s a primer.
How many companies does it take to process a credit card payment?
By James Pothen • Sept. 22, 2023 -
Biden administration seeks to erase medical debt from credit reports
In kicking off a medical debt rulemaking process, the CFPB aims to address the "tremendous burden" of medical debt, Vice President Kamala Harris said Thursday.
By Caitlin Mullen • Sept. 22, 2023 -
Retrieved from Piqsels.
Holiday spending to increase 3.7%: Mastercard
Consumer outlays for electronics and at restaurants are expected to boost expenditures this year, according to the card network.
By Tatiana Walk-Morris • Sept. 22, 2023 -
The image by 401(K) 2012 is licensed under CC BY-SA 2.0
California legislature passes plastic gift card ban
The state’s lawmakers approved a bill that would ban the use of plastic for gift cards by 2027, but it’s still waiting on the governor’s signature.
By Lynne Marek • Sept. 21, 2023 -
Uber to add more payments tools to its app
The planned updates to Uber Eats include the addition of SNAP and healthcare benefits payments starting next year.
By Catherine Douglas Moran • Sept. 21, 2023 -
Amazon adds RFID to cashierless tech
The new capability enables cashierless shopping for goods such as clothing, fan gear, hats and shoes.
By Tatiana Walk-Morris • Sept. 20, 2023 -
EMVCo floats click-to-pay guidelines
The proposed guidelines are the latest effort by the organization to introduce more industry standards for payments processing.
By Tatiana Walk-Morris • Sept. 20, 2023 -
Stadium payments competition heats up
Fiserv, Shift4 and rival payments players are vying aggressively for a bigger share of the market catering to pro teams, stadiums and other venues.
By Caitlin Mullen • Sept. 20, 2023