Retail: Page 42


  • PayPal logo depicted on a sign.
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    Sean Gallup via Getty Images
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    PayPal launches cash-back rewards program

    The digital payments pioneer is trying to rope in customers with rewards via a new loyalty program, just in time for the holiday shopping season.

    By Tatiana Walk-Morris • Oct. 18, 2022
  • PayPal's Zettle point-of-sale terminal
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    Permission granted by Grace Nasri
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    PayPal brings Zettle terminal to US

    After launching the new terminal in Europe last year, PayPal is offering the point-of-sale equipment now for small businesses in the U.S.

    By Tatiana Walk-Morris • Oct. 17, 2022
  • 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
  • A contemporary artist guides a museum visitor through exhibits at an art gallery.
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    shironosov via Getty Images
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    Visa seeks to draw creators in

    The card behemoth is partnering with other fintechs in an effort to sell creators embedded payment and financial tools.

    By Oct. 14, 2022
  • Klarna payments.
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    Courtesy of Klarna
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    Affirm gains, Klarna slips in Q3

    As buy now-pay later providers vie for holiday shoppers, Affirm's third-quarter market share increase showed it's gaining as Klarna's growth stalled.

    By Caitlin Mullen • Oct. 14, 2022
  • Buy now pay later
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    Khaosai Wongnatthakan via Getty Images
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    Nearly half of Gen Z, millennials to tap BNPL for holiday shopping

    That buy now-pay later outlook emerged from a new Bluedot survey that also showed 43% of consumers are likely to open a new store credit card during the yearend shopping period. 

    By Tatiana Walk-Morris • Oct. 12, 2022
  • Exterior of a black and gray Hollister storefront.
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    Cindy Ord / Stringer via Getty Images
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    Hollister app lets teens shop, parents pay

    The Abercrombie & Fitch Co. brand released the Share2Pay function based on company data about customer pain points.

    By Dani James • Oct. 11, 2022
  • letters m and a made with wood building blocks
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    Maks_Lab via Getty Images
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    Payments deals gain momentum

    Four billion-dollar payments acquisitions this year reflect industry dynamics that will drive more buyouts in coming months, analysts say.

    By Oct. 11, 2022
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images
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    Fiserv cuts deeper into workforce

    Payment processing giant Fiserv pared more employees in recent weeks as the company seeks to boost profit margin growth amid economic turmoil.

    By Caitlin Mullen • Oct. 11, 2022
  • Standard AI’s taps cameras with checkout-free tech

    The checkout-free company is looking to help its convenience store customers make more informed decisions on how to run their operations, CEO Jordan Fisher said.

    By Brett Dworski • Oct. 7, 2022
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    Courtesy of Tricia Harte
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    Big-name BNPL providers remain scarce in stores: report

    As spending shifts back to stores, retailers are side-stepping big-name buy now-pay later providers, such as Affirm and Afterpay, in favor of offering their own in-store options, a recent survey revealed.

    By Caitlin Mullen • Oct. 7, 2022
  • A person wearing light blue jeans and a yellow sweater has a credit card handy as they browse a selection of clothing on their phone.
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    Courtesy of GoodwillFinds.com
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    EMVCo rolls out new payment standard

    The international standard-setting organization finalized a new specification for contactless and mobile payments, but adoption of the new approach by merchants may be slow-going.

    By Oct. 6, 2022
  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images
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    Visa flags rising in-person fraud

    The card behemoth said it’s observing an increase in in-person fraud now that U.S. consumers are returning to their pre-pandemic shopping habits.

    By Oct. 6, 2022
  • evolve c-store
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    Retrieved from Hudson press release.
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    Checkout-free technology spreads at airports

    New frictionless convenience stores are coming to airports in Los Angeles and Dallas, continuing a trend that has gained steam since last summer.

    By Brett Dworski • Oct. 6, 2022
  • Several workers walking out of the front of PayPal offices
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    Justin Sullivan via Getty Images
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    PayPal acting CFO’s pay package hints at staying power

    The $2.5 million in equity grants PayPal is handing its interim chief financial officer are part of the kind of package typically given to long-term CFOs, executive search experts said. 

    By Maura Webber Sadovi • Oct. 5, 2022
  • Two hands holding credit cards.
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    Joe Raedle via Getty Images
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    Consumers prefer cashback rewards: Bank of America

    Consumers base credit card choices mainly on incentives offered, with a preference for cash back over points, a Bank of America survey found.

    By Tatiana Walk-Morris • Oct. 5, 2022
  • Afterpay logo on a phone screen
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    Courtesy of Afterpay
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    Afterpay adds monthly BNPL option

    The Block-owned buy now-pay later provider is growing beyond its “pay in 4” plans by adding a financing option for pricier purchases.

    By Caitlin Mullen • Oct. 5, 2022
  • Person looks at mobile phone advertising buy now-pay later offer while online shopping
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    Creative via Getty Images
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    FTC issues warning on BNPL claims

    As buy now-pay later popularity has mushroomed, the companies offering the financing have attracted the attention of another regulator.

    By Caitlin Mullen • Oct. 5, 2022
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Chip Somodevilla via Getty Images
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    Legislation needed to fill crypto oversight gaps, FSOC says

    The federal panel said more oversight of stablecoins and crypto spot markets for tokens is needed. It also recommended rules that would help prevent regulatory arbitrage in the sector.

    By Anna Hrushka • Oct. 4, 2022
  • Fed Reserve Chair Jerome Powell standing at podium and adjusting his glasses with his hand.
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    Drew Angerer via Getty Images
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    Fed majority votes to finalize debit rule

    In a 6-1 vote, the Federal Reserve finalized a debit card processing rule that underscores a requirement that multiple card networks be available for routing transactions, including online.

    By Oct. 4, 2022
  • A person types on a computer with omni-commerce images over top
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    Blue Planet Studio via Getty Images
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    Fiserv adds data service for large merchants

    The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.

    By Caitlin Mullen • Oct. 4, 2022
  • Sen. Durbin grimaces at committee meeting.
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    Anna Moneymaker via Getty Images
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    Durbin maps path for card bill

    Sen. Dick Durbin and his Republican ally, Sen. Roger Marshall, seek to attach their credit card competition legislation to a defense spending bill.

    By Oct. 3, 2022
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    Joe Raedle via Getty Images
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    Grocery, restaurant spending climbs: Mastercard

    “Consumers are shifting their spending in the face of higher prices and a reinvigorated appreciation for experiences,” Mastercard said in a new report.

    By Tatiana Walk-Morris • Oct. 3, 2022
  • Worker using point of sale system in coffee shop
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    time99lek via Getty Images
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    Fintechs gain ground in merchant acquiring

    New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.

    By Caitlin Mullen • Oct. 3, 2022
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    Spencer Platt via Getty Images
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    Affirm targets offline growth

    The buy now-pay later provider’s chief financial officer said this week its Debit+ card is a key part of Affirm’s strategy to push further into brick-and-mortar sales.

    By Caitlin Mullen • Sept. 30, 2022
  • grab and fly
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    Retrieved from Star Concessions website.
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    Convenience store turns to Just Walk Out tech

    Grab & Fly is the latest airport convenience store to use Amazon’s Just Walk Out technology, following a Hudson Nonstop store at Chicago Midway International Airport that debuted last summer.

    By Brett Dworski • Sept. 30, 2022