The past several weeks have seen countless reports about the challenges that would give a cockeyed optimist momentary pause before giving thanks: supply chain issues delaying deliveries of turkeys and other staples, inflation pushing prices higher and a pandemic that just doesn’t seem to want...
Even before runaway inflation started to dominate headlines, PYMNTS research uncovered that 57% of the U.S. population is living paycheck to paycheck, including 39% of consumers with incomes of $100,000 a year or more. For many brands, these statistics present overlapping issues of payments choice,...
The digital shift may have completely transformed most food and beverage brands and retailers, with consumers getting more of their restaurant and grocery needs met through online channels than ever before. However, one major category has been left out of this trend: alcoholic beverages. A...
Global payment company UnionPay has reached an agreement with European payment services provider Nets that will allow UnionPay to expand its contactless acceptance throughout the Nordic region, according to a Tuesday (Nov. 23) press release. The partnership will further expand UnionPay’s more than 100,000 point-of-service...
The payments infrastructure FinTech Stripe has made its Terminals available in five European countries, offering customers a physical version of its digital service. According to a company news release, companies like Shopify, Taxi.de and Indy Cinema Group are using Terminal to provide in-person payments for...
It was another big week for cryptocurrency — with news about regulation, crypto-native wallets and a huge new potential for expanded merchant acceptance of crypto. With the announcement that merchants using Verifone terminals can now accept crypto-native wallets at the physical point of sale, crypto...
It’s a week before Black Friday, and sales of prepaid gift cards have already started to surge. There are the usual reasons: Nearly 40% of people will be disappointed with at least some of the gifts they get for the holidays this year, resigning themselves to either stuff the items into the back of the closet, regift or head to the store...
Considering the outsized role technology plays in virtually all manner of innovation today, it should come as no surprise that faster data and better analytics will do the same for payments and banking. This, as cloud-based solutions and data-insights platforms can expand access to financial...
Music streaming service Tidal has launched a new membership tier that will send payments to artists in two ways, Music Business Worldwide reported Wednesday (Nov. 17). With a new fan-centered royalties model included in Tidal’s HiFi Plus membership tier, royalties attributed to that tier’s subscribers...
