Tom Litchford, National Retail Federation’s new vice president of retail technology, tells PYMNTS.com about the tech that should be numbered one, two, and three on merchants’ payments priority lists. Listen Here Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Quarterly eCommerce sales at J.C. Penney decreased by 33 percent relative to the prior year, Internet Retailer says, while total sales decreased by roughly 23 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
One of every 20 eCommerce visits takes place on an iPhone, according to the latest data from Monetate. That ratio is double what it was a year ago, TechCrunch says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Americans spent a combined $43.2 billion on retail eCommerce purchases in the second quarter, according to new data from comScore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
JPMorgan Chase would cover $1.2 billion of the more than $6 billion in costs necessitated by the current form of the swipe fee settlement, Bloomberg BusinessWeek says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
American Express will market its prepaid products on the shelves of 7,200 Walgreens locations per a new distribution agreement, American banker reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
All four major U.S. mobile network operators — AT&T, Sprint, T-Mobile, and Verizon — have joined MasterCard, Visa, American Express and Discover on the Electronic Transactions Association’s new Mobile Payments Committee, a release says. Get the Full Story Complete the form to unlock this article and enjoy...
With the new relationship between Jack Dorsey and Howard Schultz continuing to dominate headlines days after their new partnership was announced, Tom Litchford’s commentary on retail technology may not necessarily surprise you. Get the Full Story Complete the form to unlock this article and enjoy...
Visa and MasterCard have until Oct. 19 to request approval for the existing settlement over credit card interchange fees between themselves, their issuing partners, and U.S. merchants, Bloomberg says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...