News

Payment Methods
RTP Raises Transaction Threshold To $100K
January 23, 2020

The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Driving Subscription Satisfaction With Plan Options, Free Shipping
January 23, 2020

Digital innovators are giving consumers the chance to experience all sorts of products and services through the subscription business model. They are allowing consumers to listen to a stream of their favorite music, build their wardrobes with curated apparel, and even try out a new...

Retail
How Amazon, Western Union And Other Players Are Pushing To Improve X-Border Retail
January 23, 2020

The world is getting smaller — people have been saying that for decades. And retail and commerce-related payments are certainly a big part of that trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Apple Brings Connected Fitness To The Gym With New Apple Watch Effort
January 23, 2020

With new fitness collaborations that make it simpler for Apple Watch owners to accrue rewards, purchase items and monitor workouts, Apple unveiled its “Apple Watch Connected” gym effort. The effort aids Apple in creating a whole ecosystem around the smartwatch and offering owners additional places to use...

Retail
SoftBank-Backed Grofers Hires 4K Employees For Shopping Event
January 23, 2020

Online grocery company Grofers has contributed ₹100 crore to boost its India operations. A top official also confirmed that the company has hired 4,000 more employees to staff its nine-day shopping event, according to a report. Get the Full Story Complete the form to unlock...

Retail
Fairway Said To Seek Bankruptcy That Keeps Some Stores Open
January 23, 2020

Grocery chain Fairway is in bankruptcy negotiations with Village Super Market Inc. to keep some stores open as Fairway attempts to sell the company, Bloomberg reported Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Express To Shutter 100 Stores To Save $80M Per Year
January 23, 2020

By closing 100 stores in the next two years, Express aims to save around $80 million annually over the next three years, as reported by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Grubhub Launches ‘Ultimate’ Workflow System To Simplify Order-Ahead
January 23, 2020

With proprietary hardware and software that brings together all restaurant ordering channels into one system, Grubhub rolled out its Ultimate technology. The product is a digital workflow solution that takes the place of shouts as well as handwritten notes by linking the back- and front-...

B2B Payments
The Risky Business Of SMBs’ Crypto Adoption
January 23, 2020

Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...