Retail: Page 27
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Amazon expands BNPL offering
E-commerce giant Amazon is leveraging its Visa credit cards to offer buy now, pay later financing at retailers using the Amazon Pay checkout button.
By James Pothen • Aug. 16, 2023 -
Maverik accepting Comdata fleet cards
The western convenience store retailer’s pact with Fleetcor is aimed at encouraging professional drivers to use its pumps.
By Jessica Loder • Aug. 16, 2023 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Can PayPal’s incoming CEO jump-start profitable growth?
The new leader may benefit the digital payments pioneer by focusing on small and mid-sized clients.
By Lynne Marek • Aug. 15, 2023 -
Ampm opens autonomous convenience store in San Francisco stadium
The store uses AiFi and Verizon Business technology to power a frictionless shopping experience where customers swipe a credit card at the entrance, grab their items and leave.
By Jessica Loder • Aug. 14, 2023 -
Splitit targets areas BNPL rivals have ‘underserved’: CEO
The installment payments company aims to more than double its B2B merchant sales volume by mid-next year, CEO Nandan Sheth said.
By Caitlin Mullen • Aug. 14, 2023 -
Opinion
Why the ‘click-to-cancel’ amendment makes sense
“This proposal reflects the growing consumer demand for an easier subscription cancellation process,” writes a payments industry CEO. “However, this isn’t only in the interests of consumers.”
By Monica Eaton • Aug. 11, 2023 -
Credit card debt tops $1 trillion
Second-quarter credit card balances saw “the most pronounced worsening in performance” compared to other categories such as housing and student loan debt, the New York Fed said.
By Tatiana Walk-Morris • Aug. 9, 2023 -
Marqeta lands Block contract extension
Fintech Marqeta extended its contract to provide services for Block’s Cash App card through 2027, although at a lower price.
By Caitlin Mullen • Aug. 9, 2023 -
PayPal launches stablecoin
PayPal is planting a flag in the stablecoin space despite the slow uptake of digital assets in consumer payments and the lingering crypto chill.
By Caitlin Mullen • Aug. 8, 2023 -
Amazon’s checkout tech powers Pittsburgh campus convenience store
Although its Just Walk Out technology has yet to take off at retail locations, the company is having some success connecting with universities.
By Jeff Wells • Aug. 7, 2023 -
Google adds Nelo to its digital wallet
The partnership allows Mexican payments platform Nelo to expand out of purely digital payments to in-person transactions via Google Wallet.
By James Pothen • Aug. 7, 2023 -
Block shutters some European operations
The company is pulling the plug on Cash App’s Verse brand in the European Union and buy now, pay later operations in Spain, France and Italy.
By Caitlin Mullen • Aug. 4, 2023 -
Former Google Cloud CFO heads to Stripe
The transition to a new CFO comes at a time when the digital payments company might be gearing up to go public.
By Alexei Alexis • Aug. 3, 2023 -
Shift4 shrinks workforce
The payments company cut 150 employees in the second quarter, executives said Thursday during an earnings conference call.
By Caitlin Mullen • Aug. 3, 2023 -
Apple spotlights global ambitions with ‘Pay the Apple Way’ ad campaign
The marketing push follows the addition of consumer-focused features by the tech giant this year, including a buy now, pay later payments tool.
By Jessica Deyo • Aug. 3, 2023 -
PayPal closes in on new CEO
Digital payments titan PayPal is nearing a decision on who will be its next CEO, with the company circling a short list of candidates.
By Lynne Marek • Aug. 3, 2023 -
Stax names new CEO
New CEO Paulette Rowe was previously at cross-border digital payments company Paysafe. Stax’s sister-brother co-founders exited quietly earlier this year.
By Caitlin Mullen • Aug. 3, 2023 -
GameStop ditches its crypto wallets due to ‘regulatory uncertainty’
The retailer, which is pulling support on Nov. 1, had sought to tap into gaming culture to make crypto a larger part of the company’s future.
By Nate Delesline III • Aug. 2, 2023 -
Senate ‘making good progress’ on pot banking bill, Schumer says
There may be bipartisan agreement on SAFE Banking’s goal to help the cannabis industry enter the banking fold, but lawmakers are reportedly haggling over some of the bill’s details.
By Anna Hrushka • Aug. 2, 2023 -
Global Payments adds hybrid payment service for ISVs
The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.
By Caitlin Mullen • Aug. 2, 2023 -
Convenience chain Refuel expands self-checkout deployment
After testing Mashgin’s technology late last year, the retailer will roll out the platform to 10 locations across its footprint.
By Brett Dworski • Aug. 2, 2023 -
Shopify taps Ramp to save on corporate expenses
E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.
By James Pothen • Aug. 1, 2023 -
Fiserv racks up merchants for pay-by-bank services
The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.
By Caitlin Mullen • July 31, 2023 -
Fiserv, Amazon link rewards programs
The new offering is available to card holders through 200 financial institutions, with an expansion of the partnership expected by the end of the year.
By James Pothen • July 28, 2023 -
Upgrade buys BNPL firm Uplift for $100M
The deal, Upgrade’s first acquisition, more than doubles the neobank’s customer base by adding 3.3 million users to its existing 2.5 million, CEO Renaud Laplanche said.
By Anna Hrushka • July 27, 2023