March 01, 2023
54% of Grocery Shoppers Say They Won’t Buy Meat Online
Consumers may enjoy eCommerce convenience, but PYMNTS research shows most stick to brick-and-mortar for perishables. For PYMNTS’ study “Changes in Grocery Shopping Habits and Perception,” we surveyed more than 2,400...
March 01, 2023
Western Union and 7-Eleven Form Mexican Remittance Alliance
Western Union has teamed with 7-Eleven to tap into Mexico’s $53 billion remittance market. The money transfer service announced its partnership with 7-Eleven Mexico Wednesday (March 1), saying it will...
March 01, 2023
Big Tech Has Big Generative AI Plans
The world’s biggest tech companies are moving their artificial intelligence (AI) experiments to center stage. This, as the technology itself evolves beyond automating simple tasks within walled gardens to augmenting...
March 01, 2023
Report: Instacart Q4 Profit Jumps 80%
Instacart’s fourth-quarter profit and sales reportedly spiked ahead of its long-awaited public listing. The grocery aggregator told employees this week that revenues jumped more than 50% in the final quarter...
March 01, 2023
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that nearly 90% of the population...
March 01, 2023
The RealReal Looks to Consign Its Way to Near-Term Profitability
With its stock trading at about $1.35 per share — after falling over 90% in the past two years — it could be argued there’s not a lot more downside...
March 01, 2023
Stripe Slashes Valuation of $55B Funding Campaign
Stripe has lowered the valuation of its $55 billion fundraise by around 10%. The reduction was reported late Tuesday (Feb. 28) by The Information, which notes that the payments processing...
March 01, 2023
Credit Unions That Match Payments With Personalization Win Digital Wallet...
Digital wallets are helping to create a faster, more expedited checkout for consumers. As financial institutions (FIs) and tech companies battle for market share and compete to bring their offerings...
March 01, 2023
Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
The problem of failed transactions has yet to be fully addressed in industries such as healthcare, insurance and utilities, Vindicia Chief Strategy Officer Trace Galloway writes in the new PYMNTS...
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.