March 03, 2023
Where Will the Amazon vs Walmart Fight Be in 2026?
If loving Walmart was the only job criteria to be CEO of the largest U.S. retailer, then by that measure alone Doug McMillon would be a slam dunk. With news...
March 03, 2023
Consumers Like Payments Choice but Not Payments Clutter at Checkout
Digital wallets, buy now, pay later (BNPL) and a wide range of credit cards and apps compete for space at the checkout, adding friction to the point of sale. Frustrating...
March 02, 2023
CFPB Finds Most BNPL Users Are Not Financially Distressed
BNPL users have relatively few financial safety nets in place should they run into difficulties managing their obligations. That’s an if and not a when, but borrowers are more financially...
March 02, 2023
Georgia Department Deploys ClassWallet Platform to Distribute Federal Funds
ClassWallet’s digital wallet technology platform is now being deployed in early childcare and preschool markets. Already used for state agencies, family scholarships, private schools and K-12 school districts, the platform...
March 02, 2023
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. On a call with analysts Thursday (March 2) discussing the members-only warehouse chain’s second...
March 02, 2023
Sam’s Club Logistics Push Gives Walmart More Firepower in Grocery...
For Walmart, omnichannel may be the way to beat Amazon in the war to stock the pantry. And Sam’s Club may be a way to get some incremental firepower in...
March 02, 2023
Instacart to Add Chatbot as Grocers Push Boundaries on Digital...
This week in grocery, Instacart taps AI as supermarkets test shoppable content and new formats. OpenAI, creator of artificial intelligence (AI) chatbot ChatGPT, announced Wednesday (March 1) that developers are...
March 02, 2023
BNPL’s Consistent Market Share Underpins Installment Plans’ Staying Power
Data demonstrates that any rumors of the installment plan’s demise may have been greatly exaggerated. By most accounts, buy now, pay later (BNPL) and similar installment plans are having their...
March 02, 2023
Kroger Gains Share From Restaurants as Consumers Rethink Food Spending
Kroger is leveraging consumers’ inflation anxieties to capture spending that would otherwise go to restaurants. The nation’s leading pure-play grocer said on a call with analysts Thursday (March 2) discussing...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Despite the tremendous growth in Click-and-Mortar™ shopping in Brazil over the last three years, the country’s retailers don’t offer 39% of the features that consumers want. PYMNTS Intelligence’s latest study, the “2024 Global Digital Shopping Index: Brazil Edition” commissioned by Visa Acceptance Solutions, draws on insights from 2,200 consumers and 622 merchants to reveal what Brazil’s merchants need to know to drive consumer satisfaction and loyalty.