News

Retail
Spike in Social Media, Messaging and App Use Is Pathway to eCommerce
October 31, 2022

When it comes to increasing digital engagement, traditional eCommerce can take cues from social media and messaging. As new PYMNTS data found, a spike in social and message app use in 2022 is reflective of a consequential shift in how people are using digital tools...

Retail
Ross Opens 2,000th Location as Customers Seek Relief From Inflation
October 31, 2022

Discount apparel retailer Ross Stores has opened 40 new stores in recent months, part of a plan to grow to 3,000 brick-and-mortar locations as inflation-weary consumers seek deals on apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Happay Adds Invoice Processing Tool to Spend Management Platform
October 31, 2022

Indian corporate spend management company Happay has launched an invoice processing tool and vendor payment module that enables direct B2B transfers through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS). Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Restaurants Outpace Aggregators 2-to-1 in Online Ordering
October 31, 2022

In the battle for digital orders, restaurants are way ahead of third-party aggregators. 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....

Payment Methods
Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
October 31, 2022

Ubiquity and choice are the digital promised land. How we get there from here will be a matter of securely opening the payments ecosystem to both while simplifying the field of players that’s gotten too complex. Get the Full Story Complete the form to unlock...

B2B Payments
B2B’s OnlineCheckWriter Launches Credit Card Processing
October 30, 2022

B2B payments company OnlineCheckWriter.com has released a credit card payment facility for businesses, letting them pay any payee, even ones that don’t take credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
October 30, 2022

Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so when one of them indicates an interest in capitalizing on the weak pound to snap up U.K. tech companies, it...

Retail
Amazon Versus Walmart Study Shows Who’s Winning Consumer Retail Spend
October 28, 2022

Retail behemoths Amazon and Walmart have become the two fiercest competitors for consumers’ retail spending. While the proliferation of mobile devices, apps and payment technologies makes online shopping ever more efficient, physical shopping seems increasingly friction-filled. As consumers seek more convenience, shopping has become a...

Payment Methods
This Week in Payments: Money20/20 Attendees Talk of Industry Trends
October 28, 2022

The news in the payments world this week was all about Amazon, Money20/20 and the topics discussed at that global FinTech event in Las Vegas: “embedded everything,” compliance, fraud and access to capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited...