News

Payment Methods
Singapore Food Court Chain First To Embrace Contactless With Visa payWave
August 01, 2016

Visa is trying to entice customers in Singapore to use their payWave digital payment method by giving them breaks when they use it at Food Republic food courts — the first food court chain in Southeast Asia to accept contactless payment methods. Get the Full...

Retail
UPS’s Earnings Win, Powered By eCommerce
August 01, 2016

UPS ended the week and the month on an up note with a quarterly earnings report that indicated every relevant metric. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walgreens To Shutter Beauty.com And Drugstore.com
August 01, 2016

In this week’s eCommerce retreats, Walgreens has announced that it will be pulling the plug on Beauty.com and Drugstore.com in favor of focusing on its core Walgreens.com sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

The Changing Face Of Retail In Times Square
August 01, 2016

Who doesn’t like a trip to Times Square? 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 form, you...

Omnicommerce
Does Amazon Hold The Key To Omnichannel’s Data Impasse?
August 01, 2016

There was a time when no matter what, the customer was always right. That kind of obsequious business philosophy might have worked when mom-and-pop shops defined the economic landscape, but companies the size of Amazon and Uber need to be a little more judicious with...

South East Asia
Didi Chuxing To Buy Uber Out In China
August 01, 2016

After a long, expensive and frustrating fight, it looks like Uber is officially ready to retire its efforts in China. Instead of operating and competing directly for Chinese riders, Uber is instead taking a minority stake in the firm that essentially out-competed them in China...

Alternative Finances
Investors Turn Their Noses Up At Online Lending
August 01, 2016

Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Point of Sale
Sweetgreen Says No To Cash At The POS
August 01, 2016

Fast-casual restaurant chain Sweetgreen is experimenting with not accepting cash at several of its locations. 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,...

Merchant Innovation
Robot Retail Is Now A Real Thing
August 01, 2016

Few harbingers of the future have managed to unsettle so many in retail as the advent of automation. To a pundit, it spawns examples of doomsday-esque predictions about the end of labor as we know it – but a new study could turn all that on...