Merchant Innovation

Loyalty & Rewards
Amazon Ramps Up Sunday Delivery While Facing Increased Shipping Costs
May 09, 2014

Fresh off of the latest rankings that place them at the absolute top of the e-commerce food chain, such that their annual sales out-stripe those of their next ten competitors combined, Amazon is not sitting on it laurels, and is instead pushing forward with its...

Merchant Innovation
Online Market LocalBanya in Talks to Raise $5M in Series B Funding
May 09, 2014

The website processes around 750 deliveries a day and growing at around 25 percent per month, according to the company.

Loyalty & Rewards
Citi Adds ThankYou Rewards As An Online Bill-Pay Option
May 08, 2014

Citi customers now may use ThankYou Rewards points to pay bills online, thanks to a new policy Citi announced May 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Merchant Innovation
What Developed Markets Can Learn From Emerging Markets’ Payments
May 07, 2014

Developed markets are all about the move from plastic to digital while emerging markets are all about leapfrogging plastic and going right to digital. What each have in common is the mobile device and the desire to create a convenient way to enable payments –...

TSYS: “Go Old School to Boost Cardholder Spend”
May 07, 2014

FI’s don’t have to flock to the “shiny new thing” to get cardholders to make a particular payment method top of wallet. In fact, a study released just today from TSYS reveals several “old school” methods that boost cardholder loyalty, proving that sometimes tradition trumps...

Hmmm
Has Consumer Spend Hit Another Wall?
May 07, 2014

Gallup’s new research threw a bit of a wet blanket on prior reports that consumers were feeling all warm and fuzzy about their economic prospects and warming up for a pre-summer spending spree. Adding insult to injury, it turns out that mobile is doing a...

B2B Payments
Cardtronics’ Rails Drive New Debit Revenue For Banks
May 07, 2014

What’s the relationship between ATMs and retail? According to Cardtronics CEO Steve Rathgaber during his most recent analyst call, about an 8x increase in monthly consumer debit spend for retailers with ATMs in their stores.

B2B Payments
Capita Integrates Barclays Pingit
May 07, 2014

Outsourcing solution provider, Capita, is integrating Barclays Pingit to enable customers in both the private and public sectors receive payments made via mobile app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

In Depth
Alibaba’s Eye-Popping IPO
May 07, 2014

It's official! Chinese e-commerce juggernaut Alibaba has filed for a U.S. IPO, and by all analyst predictions it is going to be a monster. With the filing comes many answers about what the companies annual revenue, market capitalization and market share are. However, the new...