Small businesses seeking to reduce innovation costs might consider prioritizing digital wallet offerings. In today’s budget-conscious retail environment, small- to medium-sized businesses (SMBs) might be tempted to pump the brakes on innovations, but that can have a detrimental effect on customer loyalty and retention. One...
Guesty has added a payment processing solution to its hospitality and property management operating system. The new GuestyPay is available to customers in the United States and is to be extended in the middle of the year to those in the United Kingdom and the...
A federal agency is proposing more limits to the government’s use of paper checks. In a notice of proposed rulemaking (NPRM) that is to be published in the Federal Register on Tuesday (Jan. 10), the Treasury Department’s Bureau of the Fiscal Service said that present...
Labor shortages in the healthcare industry are an especially painful problem needing attention — stat. Still considered to be lagging in the digital shift, healthcare practices are alleviating some of their staffing issues by using automation and digital payment solutions at key points, including discussing...
Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet adoption, behind Japan (25.7%), Germany (22.2%) and Singapore (21.3%), according to the PYMNTS Connected Economy report, “How The World Does...
Looking back at the trends of 2022, digitization of healthcare achieved milestones in how consumers pay for medical treatments, with younger demographic groups taking the lead. Much occurred between mid-year and year’s end, which is summarized in the report “How Digital Has Changed the Consumer...
UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30), marking its tenth year in operation. “During these ten years, the digital transformation of the global payments industry has developed...
For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the turbulence of the last couple of years and the broader stirrings of macroeconomic pressures today, financial leaders used the past...
In a bid to win consumers’ holiday spending, D2C brands are removing payment friction. This, as data shows that online shoppers are increasingly seeking out brands that offer them quick, convenient transactions. According to PYMNTS’ study, “Deal Or No Deal: The 2022 Holiday Shopping Report,”...