Retail: Page 34


  • Person with finger on a phone perusing consumer goods
    Image attribution tooltip
    oatawa via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Justin Sullivan/ via Getty Images
    Image attribution tooltip

    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
  • Animated hooded person steps off a laptop screen with an oversized credit card under his arm. Explore the Trendline
    Image attribution tooltip
    tommy via Getty Images
    Image attribution tooltip
    Trendline

    Payments industry seeks to keep pace with fraudsters

    As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.

    By Payments Dive staff
  • In front of a fruit display, a hand holds a phone with a grocery app open.
    Image attribution tooltip
    alexsl via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Courtesy of Panera
    Image attribution tooltip

    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.
    Image attribution tooltip
    Permission granted by Bitcoin Depot
    Image attribution tooltip

    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
    Image attribution tooltip
    Permission granted by DoorDash
    Image attribution tooltip

    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.
    Image attribution tooltip
    Maks_Lab via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip

    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.
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip

    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
    Image attribution tooltip
    Brian Blanco / Stringer via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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
    Image attribution tooltip
    Retrieved from Meijer.
    Image attribution tooltip

    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.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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
    Image attribution tooltip
    Bryan Bedder / Stringer via Getty Images
    Image attribution tooltip

    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
  • Gaming chairs lined up with computers.
    Image attribution tooltip
    Smederevac via Getty Images
    Image attribution tooltip

    Tilia C-suite gets overhaul

    The payments startup has a new team of top executives to spearhead payments for gaming, social media and other next-generation marketplaces.

    By March 14, 2023
  • Exterior of a brick building with the Etsy name on it.
    Image attribution tooltip
    Courtesy of Etsy
    Image attribution tooltip

    Retail brands react to Silicon Valley Bank’s collapse

    The merchants explained how the SVB situation had affected their sales, online commerce, payments and finances.

    By Dani James • March 13, 2023
  • Affirm and Amazon
    Image attribution tooltip
    Courtesy of Affirm
    Image attribution tooltip

    Affirm courts Amazon for more business

    Even as it angles for an increase, the buy now, pay later provider’s CFO acknowledged Thursday that its juggernaut e-commerce partner has other BNPL options.

    By Caitlin Mullen • March 10, 2023
  • Girls looking at clothing
    Image attribution tooltip

    Photo Credit: Ron Lach

    Image attribution tooltip

    February retail, restaurant sales rise: Mastercard

    U.S. retail sales climbed about 7% in February over last year, alongside increases in restaurant and travel spending, Mastercard said in a report.

    By Tatiana Walk-Morris • March 10, 2023
  • A sign on a drinks case door that reads "We accept SNAP/EBT."
    Image attribution tooltip
    Catherine Douglas Moran/Payments Dive
    Image attribution tooltip

    USDA picks 5 states for mobile SNAP payments pilot

    Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers. 

    By Catherine Douglas Moran • March 9, 2023
  • Guns are shown in a gun store
    Image attribution tooltip
    Spencer Platt / Staff via Getty Images
    Image attribution tooltip

    Amex follows rivals in ditching gun code

    Visa, Mastercard, Amex and Discover all said separately Thursday they’re holding off on earlier plans to implement a new gun merchant category code on their card networks.

    By Caitlin Mullen • March 9, 2023
  • Woman's hand selecting subscription options on tablet screen
    Image attribution tooltip
    DragonImages via Getty Images
    Image attribution tooltip

    Pagos aims to check merchants’ payments costs

    With a recent venture capital infusion for the merchant software tools provider, Pagos is planning to add jobs, including engineers.

    By Ryan Deffenbaugh • March 9, 2023
  • PayPal building in San Jose
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    PayPal CFO hits the exit

    PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

    By March 7, 2023
  • Amazon Go first store
    Image attribution tooltip
    Retrieved from Amazon press page.
    Image attribution tooltip

    Amazon Go to close 8 of its stores

    The company will close the checkout-free stores next month as it struggles to get its physical retail footprint right.

    By Brett Dworski • March 7, 2023
  • Person uses credit card to buy online
    Image attribution tooltip
    Nastasic via Getty Images
    Image attribution tooltip

    Paymentus picks ex-TiVo exec for CFO

    The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.

    By Maura Webber Sadovi • March 7, 2023