Retail: Page 30


  • bitcoin ATM
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    Retrieved from Coinhub.
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    7-Eleven, Circle K ramp up bitcoin ATMs

    The retailers are partners with Coinhub, which is bringing about 1,000 machines to convenience stores around the country.

    By Brett Dworski • April 5, 2023
  • Person uses a flight booking website
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    scyther5 via Getty Images
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    ConnexPay takes aim at bigger rivals

    The payments gateway startup, which handles acquiring and issuing, is positioning itself as a nimbler competitor to the likes of Stripe and Wex.

    By Caitlin Mullen • April 4, 2023
  • One hand holds a phone and another hand points with business icons in the background. Explore the Trendline
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    innni via Getty Images
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    Trendline

    Payments players eye digital B2B opportunity

    Companies offering digital payments services envision billions of dollars in U.S. business payments flow ripe for transitioning to the electronic realm.

    By Payments Dive staff
  • Paze's logo is displayed on a smart phone.
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    Photo illustration: Shaun Lucas/Industry Dive; Getty Images; Paze

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    Deep Dive

    EWS readies Paze to help banks take on digital wallet market

    Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice of the digital wallet market, industry experts say.

    By Anna Hrushka • April 3, 2023
  • Index Ventures Partner Mark Fiorentino
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    Permission granted by Index Ventures
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    Q&A

    Index Ventures partner talks fintech fundraising

    An investor at a VC firm that’s backed payments players Adyen, Plaid and Wise says it’s the right environment “to craft interesting deals.” 

    By Caitlin Mullen • March 31, 2023
  • Person pays using phone to tap point-of-sale device with cup of coffee sitting on table.
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    Cecilie_Arcurs via Getty Images
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    Synchrony mulls creating a digital wallet

    The private label card company behind many retailers’ credit options may develop its own digital wallet, but for now it’s deferring to others’ wallets.

    By March 29, 2023
  • Two Apple iPhone 14 models
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    Courtesy of Apple
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    Apple rolls out initial BNPL service

    The tech giant delivered an initial version of its long-awaited buy now, pay later service for select U.S. users, with plans for a broader launch later this year.

    By March 29, 2023
  • CFPB Director Rohit Chopra speaks in front of the House Financial Services Committee.
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    Anna Moneymaker via Getty Images
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    Senators urge BNPL crackdown

    Three Democratic U.S. senators pressed the Consumer Financial Protection Bureau to bring big buy now, pay later providers under federal oversight.

    By Caitlin Mullen • March 28, 2023
  • An image of a red scooter with a DoorDash bag on it.
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    Permission granted by DoorDash
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    DoorDash to offer SNAP online purchasing for grocery orders

    Offering the payment option will reduce accessibility barriers to getting groceries, as well as boost convenience for SNAP users, DoorDash said.

    By Catherine Douglas Moran • March 28, 2023
  • Online business payments
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    Sitthiphong via Getty Images
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    Credit card spending topped $13T last year: FIS report

    Global credit card transaction value rose both online and in stores last year, despite an earlier FIS projection of a decline. 

    By Tatiana Walk-Morris • March 28, 2023
  • A person's hand holding a phone and on the screen is an image of a shopping cart with a banner above that says "BUY NOW PAY LATER!A
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    Creative via Getty Images
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    BNPL remains mainly absent from consumer credit histories

    The lack of BNPL data being furnished to credit bureaus more than a year after inclusion efforts were announced points to the complexity involved with fitting the burgeoning payment method into the traditional credit scoring framework.

    By Caitlin Mullen • March 27, 2023
  • Person with finger on a phone perusing consumer goods
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    oatawa via Getty Images
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    Tandym adds retailers for rewards programs

    The private label digital credit card company is stacking up online retail customers, with plans to add debit options and in-store clients this year.

    By March 27, 2023
  • Person placing credit card into machine at gas pump.
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    Justin Sullivan/ via Getty Images
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    CFPB seeks to improve credit card transparency

    The agency wants to give consumers more information from credit card issuers so that it’s easier to compare the cards’ offers, especially their interest rates.

    By Tatiana Walk-Morris • March 24, 2023
  • In front of a fruit display, a hand holds a phone with a grocery app open.
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    alexsl via Getty Images
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    Buy now, pay later explodes in grocery

    The percentage of online transactions involving groceries where shoppers opted to delay payment grew 40% during the first two months of 2023, according to Adobe data.

    By Sam Silverstein • March 23, 2023
  • A customer scans his palm with an Amazon One device at a Panera cafe.
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    Courtesy of Panera
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    Panera tests Amazon One palm payments at 2 cafes

    Panera plans to expand the palm payments technology to as many as 20 cafes in the second stage of the test, depending on the outcome of the initial test.

    By Aneurin Canham-Clyne • March 22, 2023
  • A photo of a person using a Bitcoin Depot bitcoin ATM.
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    Permission granted by Bitcoin Depot
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    Convenience chain to install bitcoin ATMs

    GetGo joins a growing list of convenience store operators adding bitcoin ATMs, as retailers seek new ways to bring customers inside their stores.

    By Brett Dworski • March 22, 2023
  • An image of a DoorDash app allowing for cash payments on delivery
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    Permission granted by DoorDash
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    DoorDash adds cash payment option

    The company’s white label delivery service can now accept cash payments, which drivers would collect as part of their pay.

    By Julie Littman • March 21, 2023
  • The letters 'M' and 'A' printed on two wood building blocks that are sitting on a computer keyboard.
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    Maks_Lab via Getty Images
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    Mastercard buys Baffin Bay Networks

    The card network company said it bought the cybersecurity business to better combat cyber-attacks in an increasingly threatening environment.

    By March 20, 2023
  • A Western Union sign light up in a busy Athens street.
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    Lynne Marek/Payments Dive
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    Western Union CEO gives rivals respect

    The legacy money transfer company has lost the advantage of scale over younger fintechs like Remitly and Wise, but it’s discounting digital services to claw back customers.

    By March 20, 2023
  • A person looking at product listings on a computer.
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    AndreyPopov via Getty Images
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    BNPL firms snag consumers at checkout: J.D. Power

    As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.

    By Tatiana Walk-Morris • March 17, 2023
  • A gun lies on a countertop
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    Brian Blanco / Stringer via Getty Images
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    Democrats slam card CEOs on gun code

    A group of attorneys general took card company CEOs to task for pulling an about-face on implementing the gun merchant category code.

    By Caitlin Mullen • March 16, 2023
  • People stand outside a closed bank branch.
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    Justin Sullivan via Getty Images
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    Payments execs detail SVB impact

    The Silicon Valley Bank downfall that sent shockwaves through the financial industry forced fintechs, such as Affirm and Marqeta, to react fast.

    By Caitlin Mullen , March 16, 2023
  • Flashfood station in a Meijer store
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    Retrieved from Meijer.
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    Meijer, Flashfood expand tie-up to include SNAP payments

    The Midwestern grocer is the first of the food waste solution company’s partners to make the payment method accessible on the company’s app. 

    By Peyton Bigora • March 16, 2023
  • Window with sticker showing logos for Visa, Mastercard and American Express.
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    Scott Olson via Getty Images
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    Visa, Mastercard depict bank failure impact

    As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.

    By March 15, 2023
  • A crowd of people stands outside Silicon Valley Bank headquarters.
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    Justin Sullivan via Getty Images
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    Fiserv, Jack Henry CEOs react to bank crisis

    Payments processors’ CEOs this week described how their companies were affected by the recent bank industry turmoil, downplaying the impact.

    By Caitlin Mullen , March 15, 2023
  • American Express promotional signage
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    Bryan Bedder / Stringer via Getty Images
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    Amex bets on millennials, Gen Z for growth

    As it pursues younger consumers, the company is angling to ensure its high-fee cards offer enough value for millennials and Gen Zers.

    By Caitlin Mullen • March 14, 2023