Even online retailers that have dabbled in free returns know the financial toll that can take on a small business’ bottom line. However, charging customers for the privilege of returning unwanted goods is arguably the greater of two evils, and PayPal is biting the bullet in...
In recent years, bitcoin has gone from the next big thing to a flop, used only by tech- and privacy-savvy consumers. A new report from Accenture suggests demand for bitcoin is a bit more diverse. Get the Full Story Complete the form to unlock this...
It wouldn’t be a Monday in payments if there wasn’t plenty of news to report on about breaches and cyber attacks, right? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Michael Kors and Gucci America have jointly walked on the International Anti-Counterfeiting Coalition because Chinese eCommerce giant Alibaba has been allowed to join. Alibaba faces wide criticisms — not to mention litigation — over the wide variety of fakes for sale on its marketplaces. Get...
Mobile payments, particularly in physical locations, have a tendency to fall into the category of solutions in search of a problem to solve. It might be fun to wave a phone at a POS (at least the first few times), but it’s not really all...
It was a mixed bag on Wayfair’s Q1 earnings call last 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. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Renaud Laplanche, the CEO of Lending Club, has resigned following a board investigation regarding allegations of improper practices surrounding a loan sale with an investor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
MasterCard said on Monday (May 9) that its MasterPass digital payments platform is now being accepted by luxury retailer Saks Fifth Avenue, and also Poshmark, a social commerce marketplace geared toward fashion. The announcement underscores the further expansion of MasterCard into fashion and higher end...
Toys aren’t just plastic action figures anymore. Now, they run the gamut from thousand-part Lego sets to digital media franchises that have no physical aspects at all. To bridge the gap between the two and gain a firmer hold on its omnicommerce operations, Toys”R”Us is...
