Berlin-based Phone-as-a-Service company everphone has raised 32 million euros (about $32 million) in an expanded Series C funding round, which it will use to continue to expand globally, develop its products and increase the number of devices in service. Get the Full Story Complete the...
Chinese eCommerce company Pinduodo has launched an online shopping site in the U.S. in its first major overseas expansion. 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...
Finding customers, tantalizing them with targeted ads and merchandise, and then presenting products in a compelling way are all retail art forms in and of themselves. Even so, they can also be quickly rendered useless if the final step — the payment — does not...
Life may end at age 54 in terms of Madison Avenue advertising executives, but in real life, spending and consumption and wealth carries on, in size, for many years afterwards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Block, which was formerly called Square, has begun letting users of its Cash App make payments on eCommerce sites that aren’t part of the Square network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In an era where supply chain logjams have underlined the value of delivery speed, clothing retailers Gap and American Eagle are banking on their expertise in logistics to drive revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Real-time payments’ popularity has soared in the United States since the 2017 introduction of The Clearing House’s RTP® network, which offered businesses and consumers an exponentially faster way to transfer funds than legacy methods such as paper checks, wire transfers and cash. The pandemic gave the...
As the land that gave us buy now, pay later (BNPL), it’s hard to picture Australia as a laggard in digital transformation, but merchants and payments partners there still have dots to connect. Get the Full Story Complete the form to unlock this article and...
Working capital, at a high level, represents a firm’s ability to meet short-term obligations — the bills to be paid, the money on hand that’s needed to keep operations humming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
