Today’s shoppers can find eCommerce niches for just about anything for which they are hunting, whether they are searching for the lowest price tags or products with ecofriendly missions. One-third of Gen Z members and more than one-quarter of millennials will make secondhand purchases in...
Sixty percent of millennials like using visual searches when shopping online marketplaces. Meeting that "look, buy, have" way of shopping means using AI to optimize those retail platforms for visual search, as Lihi Pinto Fryman, co-founder of visual AI company Syte, told PYMNTS. In the...
No industry is immune to digital transformation. Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of the most front-and-center examples. But recreational pursuits like live sports have also been given a tech makeover. In the latest...
Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. These marketplaces also need...
Transportation solutions provider Cubic Transportation Systems, along with the Miami-Dade County Department of Transportation and Public Works (DTPW), will enable tap-and-go payments at Miami’s Metrorail stations, according to a press release on Wednesday (Aug. 21). Commuters will be able to pay with contactless-enabled Visa and Mastercard...
To allow developers to build a solution that lets sellers send and manage orders online, in-person and in-app, Square has announced the availability of Orders API. Orders can be sent directly to a seller that is using one of Square’s point of sale (POS) products...
I’m from the government and I’m here to make sure you get your paychecks faster – even instantly… …if you can just hang in there until about 2024. That’s the talk track now from the Fed, which a week ago today announced its plans to...
Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be paid immediately, without any hassles or surprises. That’s why companies from rideshare services to ticket platforms are moving to innovate their payments experience...
The Federal Reserve has officially announced it will create a real-time payments service, to be called FedNow. The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. The news was...
