Retail: Page 55
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Sponsored by Onbe
Payment choice is rapidly diversifying. Here's why it matters for brands.
Today's customers and workers want to choose how they get paid. Is your brand ready?
Oct. 25, 2021 -
Klarna delivers BNPL to WIX sellers
The Swedish buy now-pay later company adds the new Wix collaboration to a busy year of raising funds and buying startups.
By Tatiana Walk-Morris • Oct. 22, 2021 -
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 -
Is PayPal pining for Pinterest?
A reported $45 billion PayPal purchase of Pinterest would cap a big year for deal-making fueled by the payments industry.
By Lynne Marek • Oct. 21, 2021 -
Opinion
Retail groups urge credit swipe routing changes
Retail and merchant trade groups have long pressed policymakers for regulatory changes to reduce card interchange fees. Now, they're urging that routing of credit card transactions be regulated just as debit transactions already are.
By Doug Kantor • Oct. 19, 2021 -
Fiserv expands restaurant reach with BentoBox purchase
The global payments processor said it would buy BentoBox to expand the reach of its Clover unit in servicing restaurants.
By Lynne Marek • Oct. 18, 2021 -
PayPal takes stake in LatAm SPAC
The digital payments giant disclosed that it bought a minority stake in the SPAC rolled out this month by Latin American e-commerce behemoth MercadoLibre and venture capital firm Kaszek.
By Lynne Marek • Oct. 14, 2021 -
SumUp spearheads US growth with $317M Fivestars acquisition
The acquisition of San Francisco-based Fivestars is central to SumUp's expansion strategy in the Americas and its global ambitions.
By Lynne Marek • Oct. 14, 2021 -
Andreessen Horowitz poaches Facebook digital wallet execs
Two executives who had been working on the Novi wallet project backed by Facebook will pivot to crypto investing for Andreessen Horowitz.
By Dan Ennis • Oct. 13, 2021 -
Paytech firms outside US gain ground
Payment technology companies based outside the U.S. were big venture capital winners during the third quarter as funding soared to a new record, according to a report from research firm CB Insights.
By Lynne Marek • Oct. 11, 2021 -
Affirm, Sezzle buy now-pay later options arrive at Target
As the holiday season nears, the big retailer has tapped BNPL providers Sezzle and Affirm to give consumers more payment choices. The BNPL players are building their US profiles by gathering in more partners.
By Tatiana Walk-Morris • Oct. 8, 2021 -
Retrieved from Flickr/RikkisRefuge.
Rich payment startups target B2B market
Veem and Melio are among the fintechs bulging with new capital and taking aim at the small and mid-sized end of the trillion-dollar business-to-business payments market.
By Lynne Marek • Oct. 4, 2021 -
Retrieved from Flickr/frankieleon.
Card critics call for credit routing scrutiny
One merchant group has opened up a new front in the battle against Visa and Mastercard, calling for more federal antitrust scrutiny of credit card routing.
By Lynne Marek • Oct. 1, 2021 -
Square, TikTok tie-up will deliver fans to sellers
As part of the new partnership, TikTok users will be able to link to Square sellers' sites by clicking on videos and ads.
By Tatiana Walk-Morris • Sept. 30, 2021 -
Visa to add big new office in Atlanta
The card behemoth said some of its top executives will move to the new Atlanta office, set to open next year and eventually host 1,000 employees.
By Lynne Marek • Sept. 29, 2021 -
PayPal's Happy Returns partners with Staples
With the latest agreement in a series of retailer ties, 75% of Americans will reside within 10 miles of a Happy Returns location.
By Tatiana Walk-Morris • Sept. 29, 2021 -
Mastercard to launch new BNPL service
Mastercard is teaming with some of the biggest companies in payments, including FIS, Synchrony, Barclays and Marqeta, to launch a new buy now-pay later service next year.
By Lynne Marek • Sept. 28, 2021 -
Toast raises $870M in IPO
Toast expects restaurants to increase technology spending to $55 billion by 2024, more than doubling the $25 billion spent in 2019.
By Julie Littman • Sept. 23, 2021 -
Retrieved from Mastercard annual SEC filing.
Mastercard Executive Chairman to exit
Mastercard's long-time leader Ajay Banga will retire at the end of the year, leaving the card company in the hands of new CEO Michael Miebach.
By Lynne Marek • Sept. 22, 2021 -
Retrieved from Clarissa Eyu on September 21, 2021
Airwallex raises $200M, targets US expansion
The Australian company's latest fundraising round was led by a U.S.-based venture firm, and it's setting its sights on U.S. expansion too.
By Lynne Marek • Sept. 21, 2021 -
Visa taps Shipt for delivery offer
Target-owned Shipt is one of three new partners that card behemoth Visa lined up in a bid to offer new customer benefits.
By Catherine Douglas Moran • Sept. 21, 2021 -
Payment industry racks up two more deals
The two latest deals continue to move the payments industry toward what is likely to be a record-breaking year in acquisitions.
By Lynne Marek • Updated Sept. 20, 2021 -
Retrieved from Kate Nesbit, PR person for CityBase. on September 17, 2021
U.S. cash payment kiosks rise despite digital age
Cities and utilities are making more use of the kiosks provided by vendors like CityBase to give consumers additional no-fee options for paying bills in cash.
By Lynne Marek • Sept. 17, 2021 -
BNPL benefits from venture capital haul
Buy now-pay later companies raised a record $1.5 billion in funding last year — a 42% increase over 2019 — across 20 major investments, according to a CB Insights Report.
By Wendy Cole • Sept. 16, 2021 -
Goldman Sachs to acquire BNPL lender GreenSky for $2.24B
The deal will connect some 10,000 merchants, mainly in the home-improvement category, to Goldman's consumer-banking arm and allow them to use buy now-pay later financing options.
By Robin Bradley • Sept. 15, 2021 -
Capital One beta-tests BNPL option, marking turnabout
Previously, the bank had barred customers last December from using its credit cards to clear buy-now-pay-later debt.
By Dan Ennis • Sept. 14, 2021