Teen-focused retailers Abercrombie & Fitch, American Eagle Outfitters and Aeropostale have lost their cool image and are now turning to social media and improved supply chains in order to compete with cheaper, trendier rivals like H&M and Forever 21, according to the Washington Post. Get...
McDonald’s is going national with a mobile ordering and payment app, offering music and video downloads, and expanding online loyalty programs in an effort to increase sales at U.S. restaurants, according to Adweek. Get the Full Story Complete the form to unlock this article and enjoy...
Amagi Metals, an online precious metals and coin dealer in Denver, said last week that it will refuse to accept U.S. currency as payment at the end of 2016, the Denver Business Journal reported. Get the Full Story Complete the form to unlock this article...
In February, President Obama signed an executive order designed to streamline the import and export process for American businesses. The order is designed to cut processing and approval times from days to minutes for small businesses that export American-made goods and services by completing the...
Mobile phones are a fixture on college campuses and now so are payments using nothing more than those mobile phone numbers on campus and in the stores that surround it. Bill Nyhan, CEO at PXT Payments, recently told PYMNTS how his strategy of creating ubiquity...
India is still a cash centric society with few credit cards and only a third of its population owning a debit product. Yet, Srinivas Nidugondi, Head of Mobile Financial Solution at Mahindra Comviva, says the rest of the world can learn a lot about payments...
Mobile payments took another great leap forward in China earlier this week, with the announcement that WeChat users can now use the messaging platform to pay their utility bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Here’s what happened in the third week of August: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
More and more companies are moving away from paper-based invoicing, opting instead for more efficient electronic systems that can speed up payment turnaround times. A recent report predicted the global e-Invoicing market will grow at a compound annual growth rate of 23.2 percent by 2018....