Retail


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    Retrieved from Lynne Marek on March 04, 2022

    Wyre ties to new MoneyGram crypto-cash services

    The crypto payment company that partners with digital wallet providers said it’s providing its 15 million end-users worldwide with the ability to load or cash out of digital currencies.

    By Tatiana Walk-Morris • July 6, 2022
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    AndreyPopov via Getty Images

    ABG settles lawsuit with Bolt

    With the settlement, the brand licensing company has acquired a stake in the online checkout startup.

    By July 6, 2022
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    Trendline

    Payment fintechs persist despite economic upheaval

    Payment fintechs are being tested by macro-economic headwinds, from inflation to supply constraints, but many see this as an opportunity to prove they can grow despite the obstacles.

    By Payments Dive staff
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    Retrieved from Outside spokesperson Daniel Gerardi on March 29, 2022
    Opinion

    From a payments CEO: 5 discriminatory behaviors that need to go

    “Until the industry addresses this blatant lack of advocacy for women in leadership, it will continue to foster a culture where women can’t thrive,” says Stax CEO Suneera Madhani.

    By Suneera Madhani • June 30, 2022
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    Elena Perova via Getty Images

    Self-checkout terminal sales jump: report

    Cashless systems are growing in popularity, with the sale of self-checkout terminals expected to surge 50% to 300,000 annually by 2027, according to an industry research firm.

    By Tatiana Walk-Morris • June 29, 2022
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    Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night

    FTC sues Walmart over money transfer services

    The federal agency said Tuesday that the big retailer allowed money transfer fraud that “fleeced customers out of hundreds of millions of dollars.”

    By June 29, 2022
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    Lynne Marek/Payments Dive

    There's cheaper gas if you pay with cash

    About a third of convenience stores are now giving a discount to consumers who pay for gas with cash, according to the results of a retailer survey issued this week.

    By June 29, 2022
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    eranicle via Getty Images

    Fundbox nudges SMBs to shift strategies in face of inflation

    The San Francisco-based provider of credit and payment solutions to small businesses recently announced partnerships with both card network Visa and payment processing platform Stripe.

    By Grace Noto • June 28, 2022
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    Drew Angerer via Getty Images

    Wagestream jumps into US on-demand pay fray

    With $175 million in recently raised capital, the British new entrant in the U.S. earned wage access arena is setting lofty goals for expansion.

    By June 28, 2022
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    PayPal launches small business credit card

    The digital payments company is targeting small business owners as they seek credit financing and loans.

    By Tatiana Walk-Morris • June 28, 2022
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    Courtesy of Bed Bath & Beyond

    Bed Bath & Beyond adds BNPL option

    The retailer said its buy now-pay later option, Welcome Pay, allows customers to pay for purchases in four payments.

    By Caroline Jansen • June 27, 2022
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    Khaosai Wongnatthakan via Getty Images

    BNPL faces tough economic challenges

    Evidence suggests that BNPL borrowers are increasingly having trouble paying off their loans, based on a report from one analyst who follows the U.S. buy now-pay later provider Affirm.

    By June 27, 2022
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    PayPal changes up its pricing

    In a move that could increase or decrease charges for merchants, the company said it aims to better distinguish between personal and commercial payments on its system.

    By June 24, 2022
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    EVO Payments finds deals harder to come by, CEO says

    EVO Payments has grown over the past decade through dozens of acquisitions, but it’s not so eager to buy now.

    By June 23, 2022
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    Alo Yoga accepts crypto payments, allows crypto paychecks

    The direct-to-consumer lifestyle brand is betting big on Web3 technology, although U.S. data suggest minimal usage of crypto for purchasing goods.

    By Dani James • June 22, 2022
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    Courtesy of Mastercard

    Mastercard expands sonic branding with 'Priceless' album

    The multi-artist album, a first-time marketing move by the card company, features original songs that incorporate Mastercard’s brand sound.

    By Chris Kelly • June 22, 2022
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    Drew Angerer via Getty Images

    Mastercard shareholders reject ghost guns proposal

    A shareholder who is also a state official and candidate for Congress urged the card giant’s board to issue a report related to untraceable guns, but the proposal didn’t win enough support to pass at the company’s annual meeting.

    By June 22, 2022
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    Opinion

    Friendly fraud: How should fintechs view the risks?

    With friendly fraud, fintechs don’t always consider the whole picture when it comes to fraudulent disputes.

    By Sarah Mirsky-Terranova • June 21, 2022
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    Discover eyes benefits of downturn

    As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses.

    By June 21, 2022
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    Courtesy of Walmart

    Walmart, Roku partner to evolve shoppable streaming ads 'beyond the QR code'

    The mega-retailer is the exclusive partner on a new Roku feature that allows people to purchase products by clicking on ads with their remote.

    By Peter Adams • June 17, 2022
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    Opinion

    Card fees: the price hike nobody is talking about

    "The Visa-Mastercard duopoly controls about 80% of the market share, allowing them to raise fees indiscriminately and with no formidable opposition," contends Doug Kantor, general counsel for the National Association of Convenience Stores.

    By Doug Kantor • June 17, 2022
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    The image by Ted Eytan is licensed under CC BY-SA 2.0

    CFPB urges standardization in BNPL credit reporting

    The agency isn’t pleased about the three big credit reporting bureaus taking different approaches to tracking consumer data for buy now-pay later financing.

    By Updated June 17, 2022
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    Samsung debuts a new digital wallet with crypto

    The new wallet will store IDs, cards and crypto, giving the South Korean company more leverage to compete with digital payment apps from tech giants Apple and Google.

    By Tatiana Walk-Morris • June 16, 2022
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    Startup Metropolis snags $167M to scale

    Metropolis Technologies, which uses computer vision and machine learning for parking payments, plans to use the funding to scale, aiming to hire 500 workers by the end of the year.

    By June 15, 2022
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    Courtesy of Grubhub

    Grubhub adds instant pay option for delivery drivers

    Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

    By Alicia Kelso • June 15, 2022
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    Permission granted by PayPal Spokesman Joseph Gallo

    PayPal expands BNPL payment options

    PayPal is making a bigger move into buy now-pay later financing as competitors in that arena multiply. It will now offer a new monthly payment plan targeted at bigger purchases.

    By June 15, 2022