Five At Five: Walmart Gets ‘Handy’ With Online Retail

Home Services

Welcome to the Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes Walmart’s newest online initiative, the latest challenger to Flipkart and Amazon in India, Dunkin’ Donuts cozying up with Alexa, the SWIFT debate gets heated and a corporate travel executive discusses the pros and cons of virtual cards with PYMNTS.

Walmart, Handy Tie-Up Goes Live Online

Walmart customers will be able to buy services from Handy with only one click in the online checkout process. The offering will allow shoppers to have a local professional assemble or set up items such as lighting, furniture or smart home devices.

Paytm Seeks BigBasket Partnership To Take On Flipkart, Amazon

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with grocery service BigBasket.

Dunkin’ Donuts Announces Support For Alexa Voice Ordering

Dunkin’ Donuts said the integration of Alexa allows DD Perks rewards members to place an order via voice on any Alexa-enabled device and skip the line at pick up.

The SWIFT Debate, In Europe And Beyond

Remarks from Germany’s foreign minister Heiko Maas have touched off a firestorm, with debate over what happens — and what should happen — when SWIFT will have to cut off Iranian banks from the network by Nov. 4.

Cost A Barrier To Virtual Card Adoption: LateRooms

Commercial card adoption can face an array of barriers, and one of the largest is a lack of supplier acceptance due to interchange fee costs. But that’s not the whole story, according to LateRooms’ head of corporate travel, Graeme Descoteaux.



The pressure on banks to modernize their payments capabilities to support initiatives such as ISO 20022 and instant/real time payments has been exacerbated by the emergence of COVID-19 and the compelling need to quickly scale operations due to the rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization across the payments processing value chain is imperative.