Retail: Page 37
-
Amazon paytech added to Whole Foods stores
Eleven of the specialty grocery chain’s locations in Colorado are now equipped with Amazon One technology, the e-commerce giant’s palm-based frictionless checkout option.
By Peyton Bigora • April 11, 2023 -
Visa forges new tie to PayPal
Visa will help connect PayPal and its Venmo unit via a new P2P tool that will also draw in other payments players, including DailyPay and Western Union.
By Lynne Marek • April 11, 2023 -
Explore the Trendlineâž”
NatalyaBurova via Getty ImagesTrendlineEmbedded payment tools make inroads
Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.
By Payments Dive staff -
Pavilion Payments plots growth
The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.
By Caitlin Mullen • April 11, 2023 -
Walmart sues Capital One to end credit-card deal
Capital One failed to meet standards outlined in the contract, such as issuing replacement cards and promptly processing payments and posting transactions, Walmart alleged.
By Anna Hrushka • April 10, 2023 -
Profile
Sezzle CEO embraces company’s underdog status
Charlie Youakim, co-founder of the buy now, pay later company, said the company has defied the odds in carving its own path. “Every step is a little bit unusual,” he said.
By Caitlin Mullen • April 10, 2023 -
North American Bancard taps Virtualitics’ AI tech
The artificial intelligence and data analytics company aims to help North American Bancard protect its merchants from payment processing fraud, Virtualitics CEO Michael Amori said.
By Tatiana Walk-Morris • April 7, 2023 -
Stripe’s growth slows
In an annual letter, the digital payments darling’s co-founders acknowledged a “significant deceleration” in payment volume for 2022 and a tougher environment for startups.
By Caitlin Mullen • April 6, 2023 -
Retrieved from Moby on April 05, 2023
Cash App founder dead after stabbing, police say
No arrests have been made in the Tuesday morning death of Bob Lee, the chief product officer at crypto firm MobileCoin, police said.
By Gabrielle Saulsbery • April 5, 2023 -
PayPal expands tie with Live Nation
The digital payments pioneer, facing more competition in the checkout space, this week announced moves to serve large corporate customer Live Nation and small businesses.
By Caitlin Mullen • April 5, 2023 -
Retrieved from Coinhub.
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 -
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 -
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 -
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 -
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 Lynne Marek • March 29, 2023 -
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 Lynne Marek • March 29, 2023 -
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 -
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 -
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 -
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 -
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 Lynne Marek • March 27, 2023 -
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 -
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 -
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 -
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 -
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