Retail: Page 50
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Courtesy of Klarna
Klarna to open Los Angeles pop-up shop
Located on Melrose Avenue, the buy now-pay later firm’s two-day shopping experience will showcase sustainable brands.
By Tatiana Walk-Morris • July 19, 2022 -
Courtesy of NBCUniversal
NBCU, Peacock create shoppable TV show using QR codes
Viewers of the show 'Love Island USA' will be able to shop featured products in every episode using scannable QR codes starting this week.
By Jessica Hammers • July 19, 2022 -
Explore the Trendlineâž”
NatalyaBurova via Getty Images
TrendlineEmbedded 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 -
Courtesy of Meta
Instagram enables payments in chat
Meta-owned Instagram will allow users to make purchases from small businesses directly within messages sent in the app.
By Caitlin Mullen • July 18, 2022 -
TarikVision via Getty Images
Sponsored by Cybersource5 essential features to look for in an omnichannel commerce partner
An experienced commerce partner can help provide the technology needed to help merchants keep up.
July 18, 2022 -
Permission granted by Stripe
Stripe's valuation slashed as fintech rout continues
The company told employees Friday that its internal share price had fallen 27% to $29 from $40, The Wall Street Journal reported, citing unnamed sources.
By Jonathan Berr • July 15, 2022 -
Fin Costello/Redferns via Getty Images
SeatGeek taps Affirm for event BNPL
As inflation threatens consumers’ discretionary spending, event ticketing companies like SeatGeek could view the buy now-pay later option as an attractive way to bolster sales.
By Caitlin Mullen • July 15, 2022 -
Retrieved from Kaitlyn Fitzgerald, a spokesperson for Charlie Youakim on January 24, 2022
Zip ditches Sezzle BNPL buyout
The Australian company will pay $11 million to Sezzle after it dropped a plan to purchase the Minneapolis-based company in the face of “macroeconomic and market conditions.”
By Lynne Marek • July 12, 2022 -
David McNew via Getty Images
Mastercard reports consumer spending increase despite inflation
In-store spending in June rose 11.7% over last year while e-commerce sales grew at a slower 1.1% pace, excluding auto and gas expenditures, according to Mastercard.
By Jonathan Berr • July 11, 2022 -
Permission granted by Bolt
Bolt CEO says no need to raise more capital this year
After cutting about 30% of its workforce earlier this year, digital checkout startup Bolt is on a path to profitability within the next three years, said CEO Maju Kuruvilla.
By Caitlin Mullen • July 11, 2022 -
Chris McGrath/Getty Images Europe via Getty Images
How retailers are approaching cryptocurrency payments
Retailers Pacsun and American Eagle Outfitters have similar target audiences but are approaching the rising popularity of digital currency differently.
By Dani James • July 8, 2022 -
Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
Walmart lashes back at FTC over money-transfer lawsuit
In a fiery rebuttal to the Federal Trade Commission lawsuit last week, the nation’s biggest retailer is already doing battle in the court of public opinion.
By Lynne Marek • July 6, 2022 -
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 -
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 Caitlin Mullen • July 6, 2022 -
Retrieved from Outside spokesperson Daniel Gerardi on March 29, 2022
OpinionFrom 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 -
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 -
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 Lynne Marek • June 29, 2022 -
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 Jonathan Berr • June 29, 2022 -
eranicle/iStock 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 -
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 Lynne Marek • June 28, 2022 -
gorodenkoff via Getty Images
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 -
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 -
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 Jonathan Berr • June 27, 2022 -
Sean Gallup via Getty Images
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 Lynne Marek • June 24, 2022 -
Poike via Getty Images
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 Jonathan Berr • June 23, 2022 -
Permission granted by Alo Yoga
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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