For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Get the Full...
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...
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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...
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...
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...
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...
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...
The great pop-up shop party has another attendee. According to reports, Payless has opened up its first pop-up shop in New York City, located between Times Square and Bryant Park. And New York is just the starting point — Payless is all-in on pop-ups this season,...