News

Global Payments
Mistertango Teams Up With EXMO; Onfido Partners With TransferGo
August 09, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes provider Onfido’s partnership with global remittance company TransferGo. In addition, ASHBURN International is rolling out dynamic currency conversion, and Mistertango is teaming up with crypto exchange EXMO for instant transactions. Get the...

Retail
IKEA Sets Prices Lower Ahead Of Store Launch In India
August 09, 2018

IKEA has priced its furniture even lower in India to lure customers to its first store in the country this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
The Rite Aid-Albertsons Merger Is Off
August 09, 2018

It seems that the anticipated deal between Rite Aid and Albertsons — which would have seen the pharmacy and grocery chains merge — has been called off. According to the New York Times, the deal had lost the support of Rite Aid shareholders. Get the Full...

Retail
ShelfX Helps Retailers Bring Self-Service Payments To Coolers
August 09, 2018

Unattended retail is on the move, with the American interactive kiosk market projected to grow by 7.2 percent annually through 2021. Self-service kiosks generated annual revenues of $218 million in 2016, and vending machines bring in $7 billion in sales each year, according to the...

Retail
Wayfair’s Way Forward In A Crowded Field
August 09, 2018

When a new Wayfair worker joins the team – and as of late, there have been an awful lot of Wayfair workers – their first lesson is in customer service. The goal of the Wayfair worker is to work on “innovating better together,” becoming “fast fixers and...

B2B Payments
Lyft Details Corporate Travel Growth
August 09, 2018

Travel and expense management solutions providers are increasingly highlighting the shifting trends of corporate travel, like the rising use of ridesharing solutions. That development has led to a new field of competition between Uber and Lyft as both vie for greater share of the business...

B2B Payments
Womply Releases Tool To Safeguard Small Firms’ Online Presence
August 09, 2018

Small business software firm Womply is rolling out its cybersecurity solution designed to safeguard companies’ online presence, the company announced on Wednesday (Aug. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Basware Adds B2B Payments Functionality To eInvoicing Solution
August 09, 2018

Electronic invoicing firm Basware revealed Wednesday (Aug. 8) that it has integrated B2B payments capabilities into its product offering. 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...

B2B Payments
Australia Debates Ban On Electronic Interchange Fees
August 09, 2018

Interchange fees are a controversial topic in many markets around the world, but the debt is often focused on swipe fees charged for consumer payments. A new initiative gaining momentum in Australia would ban interchange fees altogether – and according to reports, the effort includes...