Retail: Page 24


  • Sign in shopping mall
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    Sam Silverstein/Payments Dive
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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
  • A person filling up their car at a gas pump.
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    LordHenriVoton via Getty Images
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    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
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-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
  • Guns are shown in a gun store
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    Spencer Platt / Staff via Getty Images
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    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
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Payments Dive
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    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 Sept. 29, 2023
  • A woman in a white blouse standing against a purple piece of art on a white wall.
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    Permission granted by Blackhawk Network.

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    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 Sept. 29, 2023
  • Person uses a phone to pay with credit card
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    Sitthiphong via Getty Images
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    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 Sept. 29, 2023
  • cushion bnpl
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    Permission granted by Cushion
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    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, Block CEO
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    Joe Raedle / Staff via Getty Images
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    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
  • TikTok Balance
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    Retrieved from Matt Navarra/Twitter on September 28, 2023
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    Column

    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
  • 3D rendering of a shopping cart with a mobile phone.
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    akinbostanci via Getty Images
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    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
  • General view of an Amazon logo on June 3, 2021.
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    Stefano Guidi/Getty Images via Getty Images
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    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 Sept. 27, 2023
  • Square's new website themes for its merchant clients
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    Retrieved from Business Wire on September 27, 2023
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    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
  • wawa
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    Retrieved from Wawa press release.
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    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
  • A person shops online
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    Urupong via Getty Images
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    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
  • A picture of an Uber Mastercard
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    Courtesy of Uber
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    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 Sept. 25, 2023
  • Shopping online
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    anyaberkut via Getty Images
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    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
  • A gold American Express card being passed between two hands
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    Joe Raedle via Getty Images
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    Payments processing can get complicated. Here’s a primer.

    How many companies does it take to process a credit card payment?

    By Sept. 22, 2023
  • Vice President Kamala Harris
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    Kevin Dietsch/Getty Images via Getty Images
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    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
  • Holiday gifts.
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    Retrieved from Piqsels.
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    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
  • Different gift cards on sale at a store
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    The image by 401(K) 2012 is licensed under CC BY-SA 2.0
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    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 Sept. 21, 2023
  • Screenshots of Uber Eats' AI assistant tool
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    Courtesy of Uber
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    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's tech at work at the Climate Pledge Arena in Seattle, Washington.
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    Courtesy of Amazon
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    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
  • Mature women shopping online using mobile phone at home
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    FG Trade via Getty Images
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    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
  • Cleveland Browns Stadium on game day
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    Permission granted by The Harris Agency
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    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