News

eCommerce
UPS Partners Africa’s Jumia on eCommerce Distribution Network
April 04, 2022

United Parcel Service on Monday (April 4) said it will use Africa-focused online marketplace Jumia Technologies AG’s distribution network to expand across the continent, helping the latter company’s stock price jump by 24.5%, according to a Bloomberg report. Get the Full Story Complete the form...

B2B Payments
Sweden’s Qred Unveils B2B Payments Platform With Visa Option; Raises €10M
April 04, 2022

Swedish business-to-business (B2B) financial provider Qred on Monday (April 4) unveiled a new payments platform that’s designed to help small businesses free up short-term capital and save them time when they’re paying their bills, according to a company announcement. Get the Full Story Complete the...

eCommerce
Walmart Marketplace Launches New-Seller Savings
April 04, 2022

Walmart has unveiled New-Seller Savings, a limited-time Walmart Marketplace promotion that’s exclusive to new sellers, according to a Monday (April 4) company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
FTC: Americans Lost $5.8B to Fraud in 2021
April 04, 2022

Fraud has become a common concern for consumers, with the Federal Trade Commission (FTC) reporting recently that Americans lost more than $5.8 billion to fraud in 2021, with 2.8 million consumers filing reports. Get the Full Story Complete the form to unlock this article and...

Loyalty & Rewards
Most Customers Use Mobile Apps to Interact With Restaurant Loyalty Programs
April 04, 2022

Restaurants have found one way to incentivize return customers is through loyalty programs, which grant returning guests rewards such as free access to the restaurant’s Wi-Fi or free or discounted entrees. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today in Retail: Birkenstock Tries to Eliminate Copycats; Off-White Accepts Crypto
April 04, 2022

Today in retail, Birkenstock pressures retailers not to stock look-alikes, while Off-White accepts cryptocurrency payments. Plus, 3D and augmented reality tools are boosting sales and conversion rates for CORT; Hypebeast is crashing the streetwear and sneaker party with a special purpose acquisitions company (SPAC) listing;...

International
UAE Car Rental Platform Selfdrive Expands to Qatar, Bahrain
April 04, 2022

Consumers in the Middle East will soon have more options when it comes to renting a car. 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...

Investments
New Zealand Digital Wallet Dosh Nets $5M in Seed Funding
April 04, 2022

Dosh, New Zealand’s first digital wallet, has raised $5 million in what it called a record-setting seed investment round, TechFundingNews reported Monday (April 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Indian Spend Management Platform EnKash Raises $20M in Series B
April 04, 2022

Spend management platform EnKash has raised $20 million in a Series B funding round led by Ascent Capital, the company said in a news release Monday (April 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...