Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and Amazon dominate most of the scene, the growing popularity of aggregated marketplaces has also allowed...
International movie theater chain Cinépolis has increased its transaction success rate by 6% with a Click to Pay program. The program — which features Mastercard Click to Pay and was implemented by Payments Orchestration platform Spreedly — lets customers pay securely without having to manually...
DataMesh Group has raised $30 million in a Series A funding round to expand globally. The Australian firm also plans to pursue large-scale domestic opportunities for its Unify “all-in-one” payments-processing system that provides card present and eCommerce capability, settlement and terminal functionality that adapts to...
Money is evolving beyond Jeffersons, Jacksons and Benjamins, as digital solutions transform the landscape. This, as more than 4 in 10 Americans (41%) say they don’t use cash to pay for their typical weekly purchases. Credit cards and cell phones have already been disrupting the...
Many businesses have gone through several stages of technology spending since the start of the COVID-19 pandemic. Initially, retailers and manufacturers focused on investing in the digital shifts that would keep them in business. As 2022 drew to a close and economic uncertainty became more...
For an emerging market, Latin America is in many ways leading the global digital transformation of payments through endless innovation and new ways of partnering. This was the upshot of a recent conversation between PYMNTS’ Karen Webster and PayU Latam CEO Francisco Leon, who said...
As the era of the combustion engine winds down, its payment logic appears increasingly outdated. In its place, electrification is ushering in alternative models for the way people pay to drive. The most noteworthy change is that paying to recharge vehicles with cash, while not...
With 2023 off to a running start, treasury is calling the shots differently, with a refined focus forged in the crucible of 2022. Julie Lubell, global head of Trends and Advisory at J.P. Morgan Payments, discussed with Karen Webster the new roadmap for investing and...
“There has been so much capital deployed in FinTech building out solutions that don’t actually solve real world problems.” Philip Fayer, CEO and chair of Nuvei, told PYMNTS’ Karen Webster that the deal-making and private funding rounds in FinTech might have peaked during the pandemic....