Customer experience management platform provider Paytronix released its annual restaurant gift card sales report, which found that gift card sales declined in 2020. They dropped 31.8 percent in 2020 compared to 2019, although in-store physical card sales declined the least, according to a Wednesday (Feb. 3)...
In today’s top news, Uber is acquiring alcohol delivery startup Drizly, and Amazon marked its first $100 billion quarter. Plus, VEON has partnered with Mastercard to expand its digital financial inclusion services. Get the Full Story Complete the form to unlock this article and enjoy...
Uber Eats is introducing Eat Local, an initiative to advance support for independent restaurant owners and operators amid continuing pandemic-related challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
San Francisco-based Good Eggs, a grocery delivery service that specializes in locally sourced products, has raised $100 million to expand into Southern California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Robinhood’s plans for an initial public offering (IPO) could be on hold following the GameStop debacle that ended in a suspension of trading last week, Cryptoslate reported on Wednesday (Feb. 3), citing a tweet from Fox Business Network Senior Correspondent Charles Gasparino. Get the Full...
In today’s top retail news, Cart.com unveiled its purchase of Cheap Cheap Moving Boxes, while UPS revealed consolidated revenue of $24.9 billion for Q4 2020. Plus, Amazon’s Q4 net sales have exceeded $100 billion. Get the Full Story Complete the form to unlock this article...
Today in B2B payments, Bank of the West enables Zelle for small business payments, and Intuit bolsters QuickBooks Commerce with acquisition. Plus, CIS launches bitcoin wallet for corporates, EedenBull launches in North America, and Vision33 takeover strengthens accounting automation offering. Get the Full Story Complete...
Vivino, which offers a wine app and online marketplace, is drinking in the news that it has raised $155 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In its final quarter of 2020, Chipotle‘s digital delivery orders accounted for about 25 percent of its total sales. “To help improve the economics on this premium access point, we have implemented several delivery menu price differentials, with a weighted average fee right around 13...