Commerce Connected

Commerce Connected
Payments Become Standard Feature in Cars as OEMs Embrace Commerce
March 07, 2023

The connected economy — and specifically, connected commerce — is just getting revved up. And we mean that literally. A spate of recent partnerships and funding rounds detail the potential for the fully-connected car — combining entertainment, navigation, real-time data and diagnostics, and especially payments...

Commerce Connected
Google, Mercedes-Benz Pact Spotlights How AI Can Drive Connected Car’s Evolution
February 27, 2023

Artificial intelligence (AI) may help drive the connected car’s journey from concept to fully-fleshed reality. Mercedes-Benz said last week that it had entered a long-term strategic partnership with Google that has its roots in navigation and entertainment. And as the announcement stated, as the “first step,”...

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Japan Becomes Mobile Wallet Adoption Leader Among 11 Countries, Attracts Native Apps 
February 08, 2023

Digital engagement has become integrated in consumers’ everyday lives across the globe. One example: Mobile wallet use has been growing in-store, replacing some shoppers’ physical wallets, even in cash-heavier countries like Japan. The PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” measured the...

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Sportsbooks Go Live in Massachusetts Jan 31 but Are Not yet Available Online
February 01, 2023

Retail sportsbooks began taking bets in Massachusetts on Tuesday (Jan. 31), although gamblers using mobile sportsbook apps will have to wait until March to place their bets that way. As of now, 11 online sportsbooks have been granted licenses in the state — Bally Bet,...

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77% of Consumers See Data Security as Important Facet of Payment Vaults
January 23, 2023

As many of us live so much of our daily lives online, data security remains top of mind. Eighty percent of consumers have saved their payment details online, whether on merchants’ websites or apps, indicating a willingness to get what we need and have as...

Commerce Connected
Fanatics’ Massive Valuation Underscores Connected Economy’s Continued Appeal 
December 07, 2022

Fanatics expansion from hats to scores of categories and markets is a lesson in cross-pollination. It is also proof that the connected economy is thriving. Digital engagement in one corner of daily life can and does lead to digital engagement in another, forging an ecosystem...

Commerce Connected
Holiday Shoppers Shift from Dining Out to Food at Home
November 18, 2022

As inflation continues to rise, consumers are becoming more frugal in their holiday food spending, shifting away from dining out at restaurants towards more cost-effective grocery alternatives. By the Numbers Research from PYMNTS’ recent study “New Reality Check: The Paycheck-To-Paycheck Report — The Holiday Shopping...

Commerce Connected
Small Truckers, Truck Stops Pool Buying Clout to Take on Industry Giants
October 24, 2022

Smaller players in both the trucking industry and the truck stop industry are challenged to match the efficiencies of their larger competitors. Trucking companies with fleets of 20 or fewer vehicles can’t negotiate the same discounts as larger firms when it comes to their greatest...

Commerce Connected
Visa Aims to Turn Creators into Small Businesses with Digital Payments
October 19, 2022

In times past, a creator might’ve been a musician busking for tips on a street corner. Social media thrust those musicians — and artists, poets, podcasters, makeup artists and more — into the mass media limelight where they’re finding audiences but struggling to get paid....