Retail: Page 54


  • Exterior of an Albertsons store.
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    Ethan Miller via Getty Images
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    Albertsons expands smart cart pilot

    The carts act like self-checkout machines, with the computer vision system and barcode-scanner logging the products a customer tosses into the cart.

    By Jeff Wells • Updated May 20, 2022
  • A person holds a credit card in front of a laptop computer.
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    Poike via Getty Images
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    Stripe CFO Suryadevara draws on challenges as GM CFO

    Suryadevara has ventured into unfamiliar business terrain before, becoming GM treasurer with little prior knowledge of the role.

    By Jim Tyson • Nov. 18, 2021
  • 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
  • Insulated packaging developed by Amazon to transport frozen and chilled foods to customers
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    Courtesy of Amazon
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    Will Amazon's war of words with Visa backfire?

    Consumers may not tolerate fewer payment options from Amazon, an analyst says. Still, Amazon may be willing to risk angering customers as it pressures Visa and other payment providers to reduce their transaction costs.

    By Jonathan Berr • Nov. 18, 2021
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    Oli Scarff via Getty Images
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    Amazon takes battle against Visa to UK

    The move by the e-commerce behemoth Amazon to reject U.K. Visa cards is putting pressure on Visa to lower card transaction fees worldwide.

    By Nov. 17, 2021
  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    Mastercard expects holiday sales to be jolly for merchants

    Finding a deal this holiday season will be a challenge for consumers as retailers grapple with shortages, Mastercard says.

    By Jonathan Berr • Nov. 16, 2021
  • Close-up view of a row of $100 bills
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    Mark Wilson via Getty Images
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    Podium raises $201 million, eyes expansion

    After entering the payments business last year, the company says it’s on pace to process about $1 billion in transactions this year.

    By Nov. 16, 2021
  • Peloton bike
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    Courtesy of Peloton
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    Affirm reports better outlook, sidesteps Peloton question

    The BNPL payments company provided a brighter sales and revenue forecast for the fiscal year, but it skirted a question about the impact of a gloomier outlook at its long-time big customer Peloton.

    By Nov. 11, 2021
  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    Mastercard plans payments push

    The company expects payments to grow at a faster rate than its core card business.

    By Jonathan Berr • Nov. 11, 2021
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    Matt Cardy via Getty Images
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    Opinion

    Payments trade group rebuts retailers

    The Electronic Payments Coalition says it wants to set the record straight: "Expanding the Durbin Amendment would be a disaster for consumers and small businesses."

    By Jeff Tassey • Nov. 11, 2021
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    Dan Kitwood/Getty Images News via Getty Images
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    Deep Dive

    Crypto creeps into the checkout line

    Payments firms are betting on crypto's growth as an asset class to fuel crypto adoption at checkout.

    By Suman Bhattacharyya • Nov. 10, 2021
  • PayPal logo depicted on a sign.
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    Sean Gallup via Getty Images
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    Amazon will accept Venmo next year

    "Pay with Venmo is one of the key revenue drivers for Venmo going forward," PayPal CEO Dan Schulman said.

    By Jonathan Berr • Nov. 9, 2021
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    Alex Wong via Getty Images
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    Payments heads toward record venture funding year: CB Insights

    Payments startups are sopping up what's likely to be a record amount of venture capital this year, as the industry collects money that's transforming the financial sphere.

    By Nov. 5, 2021
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    Courtesy of Tricia Harte
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    Congress debates pros and cons of BNPL

    Buy now-pay later users love the convenience but also are falling behind in their payments.

    By Jonathan Berr • Nov. 3, 2021
  • Smart phone showing multiple payment apps.
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    Vaidik Trivedi

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    Payments tech to draw $40B next year: Forrester

    The research firm's 2022 outlook also anticipates IPOs for major payments players as well as increased use of digital wallets and QR codes.

    By Tatiana Walk-Morris • Nov. 3, 2021
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    Al Bello via Getty Images
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    Moneygram versus Western Union competition rises at Walmart

    Moneygram executives blamed competition with Western Union for a drop in revenue from its walk-in money transfer business at Walmart stores.

    By Updated Nov. 4, 2021
  • Hand holding smartphone with images of cards streaming out the sides.
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    Permission granted by checkout.com - Adam Prentice
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    Sponsored by Checkout.com

    How digital wallets allow retailers to capture more sales

    Learn how to drive better conversion by offering your customers the alternative payment methods they love. Wherever they are. 

    By Maxime Colas, Retail Business Development Manager, Checkout.com • Nov. 1, 2021
  • Amex
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    Permission granted by American Express
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    Amex rolls out first-ever debit card

    The card company is making the debit card available to small- and mid-sized businesses in connection with a new checking account offering.

    By Oct. 29, 2021
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    Courtesy of Fiserv
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    Fiserv loses big client identified as Stripe

    The company told analysts on an earnings call that volumes were impacted by the exit of a "large processing client." Analysts identified that client as the mega-fintech Stripe.

    By Oct. 28, 2021
  • American Express credit card.
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    Courtesy of American Express
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    Amex touts youthful spending

    As the card company's marketing lures more cardholders, its executives are pleased to see new young customers outspending their elders.

    By Oct. 27, 2021
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    Christopher Furlong via Getty Images
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    Valley Bank unveils payments app for cannabis businesses

    Valley Bank is partnering with a large processor to offer the service, which is similar to using a reloadable Starbucks wallet gift card, Chief Digital Product Officer Stuart Cook said. A "large processor" that's involved wants to remain anonymous.

    By Anna Hrushka • Oct. 27, 2021
  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images
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    BNPL needs Visa to scale, CEO argues

    Visa CEO Al Kelly contends that the new entrant buy now-pay later providers will need the card company's network to scale the business, and Visa is partnering to make that happen.

    By Oct. 27, 2021
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    Alex Wong via Getty Images
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    Discover CEO plans payments push

    Discover's Payments business could have a much bigger impact on the company's bottom line, according to analysts at William Blair.

    By Jonathan Berr • Oct. 26, 2021
  • Elavon CEO Jamie Walker
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    Retrieved from ATPC on July 07, 2021
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    Elavon eyes BNPL arena

    Payments processor Elavon will do what it takes to get into the buy now-pay later market--whether that means buying, building or partnering, said CEO Jamie Walker.

    By Oct. 26, 2021
  • Klarna teams with Stripe
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    Retrieved from Stripe's Stephen Imm on October 26, 2021
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    Stripe and Klarna hook up

    Two of the biggest fintech companies in the payments sphere said they are locking arms to share their services and customers.

    By Oct. 26, 2021
  • PayPal logo depicted on a sign.
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    Sean Gallup via Getty Images
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    PayPal douses reports of a Pinterest purchase

    With one sentence, PayPal dismissed a bevy of reports last week that it's pursuing a purchase of the social media site Pinterest.

    By Oct. 25, 2021