News

Delivery
DoorDash Combats Commission Caps With New Fees
March 29, 2021

Facing caps on commissions from nearly six dozen localities around the country, DoorDash has begun adding new surcharges to its deliveries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Hybrid C-Store Model Builds Neighborhood Connection with Consumers
March 29, 2021

The delivery space has exploded in the last year, with customers turning to remote, safe-from-home commerce options at unprecedented levels. Major retailers have added new delivery options, while new delivery services have entered the crowded space with their own approaches to eCommerce. For pre-pandemic companies...

News
Today In Payments: Circle Rolls Out NFT Platform; Pilot’s Valuation Surges To $1.2 Billion; Ternary...
March 29, 2021

In today’s top news, Circle has rolled out a NFT program, while Pilot has extended its Series C funding round to take in a total of $100 million. Plus, Ternary has become a part of the Stripe partner platform. Get the Full Story Complete the...

Biometrics
Disney World Tests Facial Recognition At Magic Kingdom
March 29, 2021

Walt Disney World Resort in Florida is trialing a facial recognition admission system at its Magic Kingdom theme park, NFCW reported on Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Financial Inclusion
PNC Gets Stamp Of Approval For Low-Fee Account Aimed At ‘Underbanked’
March 29, 2021

PNC Bank has gained certification from the Cities for Financial Empowerment (CFE) Fund for a second bank account that limits fees. The nonprofit CFE Fund and the Bank On coalition aim to help low- to moderate-income people gain affordable banking services. Get the Full Story Complete...

Regulation
Big Tech Compliance Tracker: Biden Plans To Nominate Lina Khan To FTC Commissioner Post; Apple...
March 29, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. 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...

Mobile Commerce
Chinese Conglomerate Huawei Gains Mobile Payments License By Buying Xunlian
March 29, 2021

Chinese behemoth Huawei Technologies has reportedly landed a mobile payments license in China after buying Xunlian Zhifu Network. Huawei has previously used UnionPay’s mobile payment service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Deliveroo Valuation Takes A Dive Amid Concern Around Labor Practices
March 29, 2021

Deliveroo, the London-based Amazon-backed food delivery service, announced on Monday morning (March 29) that its shares are now expected to be priced at £3.90 – £4.10, down from the £4.60 that the company had previously announced at the upper end, as CNBC reported. This brings...

IPO
Online Car Sales Platform Cazoo Set To Go Public In $8.1 Billion SPAC
March 29, 2021

The pandemic has fueled a surge in online sales of vehicles. Cazoo Holdings, a U.K. online seller of used cars, has ridden that digital shift — and is now heading toward going public in a deal reportedly worth $7 billion to $8 billion. Get the Full...