Alibaba – the Chinese e-commerce mega-retailer that is preparing for an IPO widely forecasted to be one of the biggest money makers in the history of international commerce –has just dipped its first toe into selling directly to U.S. consumers with the launch of 11...
It seems as though paper-based menus and bills in restaurants are about to join paper checks and printed newspapers on history’s discard pile. Family food chain and noted purveyor of baby-back ribs Chili’s has finished the installation of table-side tablets in their 823 locations nationwide. Get...
What’s in a vending machine? Beyond the shiny new products allowing brick and mortar stores to branch out with distribution, there is perhaps a certain value in unattended retail machines that are changing the landscape of payments as we speak. In a recent podcast interview...
PayPal co-found Max Levichin is back in the payments game, this time with the modest goal of recreating a consumer finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While nearly three-quarters of retailer are planning to develop the capacity to identify customers when they walk in the store via their smartphones is a top priority for retailers, at present only 3 percent have the ability to do so right now, according to a...
Banco do Brasil Amercas has partnered with payment processing and commerce solutions provider i2c, Inc. to launch a prepaid EMV card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Last week’s Apple WWDC keynote has prompted a bunch of Monday morning quarterbacking with respect to Apple’s plans for devices, software and even payments. Although Tim Cook’s and Craig Federighi’s keynotes were devoid of any direct reference to how Apple would pursue “payments,” (even disappointing...
Online to offline (OTO) retail start-up Bindo has just taken in $1.8 million is an oversubscribed seed funding round. The company offers an iPad Point of Sale (POS), or checkout system that allows merchants to manage inventory and customer relationships through a cloud-based payment platform....
While the rest of the retail sector’s growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the County Business Patterns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012,...
