News

Retail
Retailers Face Brand New Competitor: Gas Prices
March 07, 2022

Having endured two years of COVID, waves of lockdowns, a mash-up of mask mandates, sporadic business restrictions, extensive wage and labor challenges and more, the nation’s beleaguered retail industry is now facing a brand new competitor that could prove to be its most challenging headwind...

Latin America
Exquisito Perú on Serving Latin American Travelers’ Growing Digital Payment Needs
March 07, 2022

Latin American consumers are ready to tour and travel once again, only now they insist on taking digital and mobile payments along for the ride. In the Global Merchants’ Guide To Latin America, Jessy Caiado, co-founder of Peruvian dining tour company Exquisito Perú, explains how...

Payment Methods
Collaborative Commerce Helps Buyers, Suppliers Monetize Speed
March 07, 2022

The pandemic triggered a change in payments for midsized businesses, marked by a shift to digital and a modernization of the human factor of business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
March 06, 2022

CredAvenue, the debt marketplace, is the newest Indian unicorn, having raised $137 million in a funding round, Bloomberg reported Sunday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Mastercard, Visa, PayPal, Amex Suspend Russian Operations
March 06, 2022

American Express is joining Visa, Mastercard and PayPal in suspending operations in Russia following its invasion of Ukraine, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Data: Almost Half of India’s MSMEs Plan to Add Tech
March 06, 2022

Small businesses in India are leading the charge to digitize, according to a Sunday (March 6) Economic Times report. 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...

Delivery
DoorDash Eyed Deliveroo Acquisition, But Sides Couldn’t Agree, Report Says
March 06, 2022

DoorDash, the U.S. food delivery company, wanted to take over  Britain’s Deliveroo, but the companies weren’t able to reach an agreement, Bloomberg reported Sunday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
TikTok Stops Livestreaming in Russia Over ‘Fake News’ Law
March 06, 2022

TikTok announced Sunday (March 6) it won’t allow livestreaming in Russia because of the country’s “fake news” law, intended to silence dissent and cut down on information on the invasion of Ukraine, Bloomberg reported. Get the Full Story Complete the form to unlock this article...

International
Russian Banks Look to China’s UnionPay to Issue Cards
March 06, 2022

Numerous Russian banks have said they plan to begin issuing cards using the Chinese UnionPay card operator system, combined with the Mir network from Russia, Reuters reported Sunday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...