Retail: Page 55


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    stock.adobe.com/rh2010

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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 payments.
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    Courtesy of Klarna
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    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
  • 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
  • Pinterest Ideas Festival updates
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    Courtesy of Pinterest
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    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 Oct. 21, 2021
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    Matt Cardy via Getty Images
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    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
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    Spencer Platt via Getty Images
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    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 Oct. 18, 2021
  • PayPal CEO Dan Schulman walking in front of trees
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    Drew Angerer via Getty Images
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    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 Oct. 14, 2021
  • Google adds Shopping features to highlight small businesses.
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    Courtesy of Google
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    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 Oct. 14, 2021
  • Andreesen Horowitz partner Marc Andreesen speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    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
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    Mark Wilson via Getty Images
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    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 Oct. 11, 2021
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    Target
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    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
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    Retrieved from Flickr/RikkisRefuge.
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    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 Oct. 4, 2021
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    Retrieved from Flickr/frankieleon.
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    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 Oct. 1, 2021
  • Square x TikTok
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    Courtesy of Square
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    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 cards stacked and splayed
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    Justin Sullivan via Getty Images
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    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 Sept. 29, 2021
  • PayPal and Venmo logos on sign sitting on merchant's counter next to a clerk's digital display for payments.
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    Courtesy of PayPal
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    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 point of sale, retail
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    Courtesy of Mastercard
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    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 Sept. 28, 2021
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    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
  • 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 Sept. 22, 2021
  • Toshi Kameoka, Airwallex head of strategy for North America
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    Retrieved from Clarissa Eyu on September 21, 2021
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    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 Sept. 21, 2021
  • Shipt shopper wearing mask
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    Permission granted by Shipt
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    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
  • Digital payments
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    Courtesy of Adyen
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    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 Updated Sept. 20, 2021
  • CityBase bill payment kiosk in Chicago's City Hall.
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    Retrieved from Kate Nesbit, PR person for CityBase. on September 17, 2021
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    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 Sept. 17, 2021
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    Courtesy of Tricia Harte
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    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 CEO David Solomon appears onstage.
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    Paul Morigi via Getty Images
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    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