February 26, 2023
Debit Card Transactions Soar in Germany Amid Digital Wallet Growth
Germany’s girocard clocked 6.7 billion transactions in 2022, a 13% increase compared to the year prior. This led to a 12.2% jump in sales to more than €284 billion during...
February 26, 2023
UK Rapid Grocery Market Booms as Brits Lean Toward At-Home...
Following deals with Just Eat, Co-op and Sainsbury’s have become the latest U.K. supermarket brands to partner with an aggregator to provide rapid delivery service to clients. This comes on...
February 26, 2023
Amazon Opening More Ultrafast Delivery Sites
Amazon has reportedly upped its investment in ultrafast delivery amid increased competition from rivals. A key part of its delivery strategy is Amazon’s network of “same-day site” warehouses, The Wall...
February 24, 2023
From PayPal to Splitit, Earnings Season Underscores BNPL’s Wide Embrace
There have been speed bumps for buy now, pay later. PYMNTS’ own data shows that the opportunity is significant for BNPL providers: Research shows 2.8% of online retail purchases completed with buy...
February 24, 2023
For Amazon and Walmart, It’s a Battle of Price, Convenience...
The battle between the top two retailers has never been more digital, and by all accounts, that shift will only increase. “If you look at our eCommerce business today, it’s...
February 24, 2023
Wish Seeks Escalation of Fast-Fashion Wars Amid Q4 Pummeling
Fast-fashion eCommerce marketplaces including Wish, Shein and relative newcomer Temu are reeling as inflation presses down and consumer buying behavior shifts, creating a drag on the sector and leading to...
February 24, 2023
BigCommerce Shifts From Growth to Profitability as Interest Rates Rise
BigCommerce expects inflation and interest rates to slow its revenue growth this year. The Software-as-a-Service (SaaS) eCommerce platform said in a Thursday (Feb. 23) earnings release that it expects year-over-year...
February 24, 2023
FinTechs Team With Credit Unions to Deliver Banking’s ‘Marketplace Model’
Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU...
February 24, 2023
Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...
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.