News

Retail
Cyber Monday Sales Set A Record As Shift Online Continues
November 27, 2018

Cyber Monday turned out to set a record, with sales expected to be $7.9 billion in the U.S. alone. 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...

Retail
Deep Dive: Bridge Millennials And The C-Store Experience
November 27, 2018

Bridge Millennials buy gas more frequently than other consumers and are more likely to abandon a business following an unpleasant or friction-filled shopping experience. The following Deep Dive explores the mobile app features that this highly influential group of consumers value most during a convenience...

Cross-border Payments
Trump Threatens 10 Pct Tariff On iPhones Made In China
November 27, 2018

Days before a summit with Chinese President Xi Jinping, President Donald Trump warned that he might slap a 10 percent tariff on iPhones and laptops imported from China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loyalty & Rewards
Making C-Stores About Loyalty — Not Just Convenience
November 27, 2018

It’s the most valuable treasure in the world of payments and commerce: consumer loyalty. Of course, gaining it requires a sophisticated understanding of retail, marketing and transactional data, but also an old-fashioned ability to make individuals feel special and respected — to demonstrate that you...

Mobile Payments
Tencent Partners With LINE For Mobile Payments In Japan
November 26, 2018

Tencent, an internet-based technology company based in China, and LINE, a hugely popular messaging app in Japan, have teamed up to provide payment services for Japanese businesses that want to appeal to the growing number of Chinese tourists in the country, according to the Nikkei...

Retail
Amex’s Small Business Saturday Bests $100B
November 26, 2018

On Nov. 24, holiday consumers and small businesses celebrated the ninth annual Small Business Saturday. The event, created by American Express as an offshoot to Black Friday, brought in an estimated $17.8 billion, according to surveys commissioned by the company. This brings the estimated total spending on...

Delivery
Amazon Shutters London Delivery Service
November 26, 2018

After two years on the market, Amazon will shut down its restaurant delivery service in London, according to the Evening Standard. The company told customers about the change in an email, saying the service would be discontinued after Dec. 3. Get the Full Story Complete...

Mobile Payments
7-Eleven In Canada To Accept WeChat Pay, Alipay
November 26, 2018

7-Eleven, the convenience store operator, announced on Monday (Nov. 26) that participating stores in Canada will now accept Chinese mobile payment systems Alipay and WeChat Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Top 10 Shopping Apps Had A Strong Black Friday Showing
November 26, 2018

The nation’s top 10 shopping apps had a strong showing in Apple’s App Store during the Black Friday shopping weekend, with the combined apps adding half a million first-time users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...