News

IPO
Shares In Luckin Coffee Dip Below IPO Price
May 22, 2019

Shares in Chinese coffee company Luckin fell below their IPO price on Wednesday (May 22), according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Ola Refocuses Indian Food Delivery Business
May 22, 2019

Ola, the Indian ride-hailing startup, is overhauling its food business. 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 daily newsletter, PYMNTS Today. By completing this...

Global Payments
Thyngs Teams With CDS Global; Alipay Partners With Turkish FinTech
May 22, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Thyngs work with CDS Global to support contactless payments for subscriptions of magazines in the U.K. and Australia. Currencycloud is teaming with Lithuania’s Evarvest for cross-border payments, Alipay and ininal...

B2B Payments
Bill.com Debuts AI Business Payments Platform
May 22, 2019

Corporate payments technology firm Bill.com is rolling out a new platform designed to deploy artificial intelligence (AI) for automated workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payment Methods
Cards Taking Over Cash In Emerging Economies
May 22, 2019

In several emerging nations, where disposable income may be on a general uptrend, lumpy though that trend may be, as cash use is stable or declines, then spending via credit and debit cards also rises. Get the Full Story Complete the form to unlock this article...

Retail
Unexpected eCommerce Boost Pushes Earnings Beat For Target
May 22, 2019

Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
How eTailers Level Up Their Checkout Game
May 22, 2019

To prevent consumers from leaving their carts behind before they pay, businesses need to have strong online checkout processes that convert online shoppers into customers. The aim is to head off the real and pertinent issue of checkout abandonment, which, according to some estimates, happens...

Retail
How Subscription Services Can Disrupt Alcohol’s Confusing Distribution System
May 22, 2019

Selling alcohol is a more complicated process than the average consumer generally appreciates when they order a glass of wine with their restaurant meal or pick up something at a liquor store. Some of the difficulty is that alcohol is one of the most regulated...

Mobile Payments
Consumers Who Use Mobile In-Store Are More Frequent Brick-And-Mortar Shoppers
May 22, 2019

Mobile commerce has become part of the daily routine for many consumers — who are not just using devices to shop on the go, but also in-store and for a variety of product categories. Get the Full Story Complete the form to unlock this article...