Sections
cashless
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1.3KPartnerships / AcquisitionsMercari Acquires Rival Marketplace App Origami
Mercari, the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami, a payments platform also...
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2.1KB2B PaymentsDBS Introduces QR Code Product For B2B Payments
Singapore-based financial services company DBS has launched an industry-first, QR code-based solution for B2B payments and collections, the company announced on Monday...
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2.6KInternationalMalaysia Promotes Cashless Society With eWallet Incentive Award
As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat...
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1.5KVISAVisa To School Olympic Athletes On Finance Management
Visa has announced that it is sponsoring athletes from the Olympic and Paralympic Games and teaching them about financial literacy for when...
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3.5KRetailTesco Customers Unhappy With Cashless-Only ‘Scan As You Shop’
Shoppers are reportedly disappointed that British supermarket Tesco won’t take cash payments any longer on its “scan as you shop” system. The system lets...
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6.7KDigital PaymentsAfrica’s Quiet Cashless Payments Revolution
While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen....
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2.7KB2B PaymentsGaranti BBVA Launches QR Codes For Business Banking Transactions
Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company...
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2.6KPayment MethodsTeen-Focused Digital Bank Pixpay Raises $3.4M
French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported...
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2.0KCashMcDonald’s Kiosks Useless To 8.4M Unbanked US Households
Fast food giant McDonald’s is facing backlash over its push to install touch-screen kiosks in a majority of its stores, according to...
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17.7KMobile PaymentsREPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
Apple Pay went live five years ago yesterday, on Oct. 20, 2014. When Tim Cook took the stage a month beforehand to...
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1.9KMobile PaymentsMA Minor-League Baseball Stadium To Offer Cashless Transactions
Standard Cognition has revealed that it will enable cashierless transactions at a minor league baseball stadium. A store with snacks, drinks, and...
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2.8KInnovationStarbucks Consumers In Japan Can Pay With NCF Pen
Starbucks has announced the release of an actual pen that consumers can use to pay at the register in Japan, according to...
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4.9KPayments InnovationHow Sports Stadiums Are Undergoing Digital Transformations
No industry is immune to digital transformation. Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig...
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2.6KRetailBringing Specialty Socks To Malls With Automated Retail
For many entrepreneurs, their experiences tend to guide them toward a particular area. The Sock Spot CEO Ben Williams, for instance, worked...
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Should Unstaffed Stores Be Shelved?
Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. Just because you can doesn’t...
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3.5KDigital BankingSingapore’s OCBC Bank Customers Can Use QR Codes At ATMs
In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers...
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3.5KInvestmentsStandard Cognition Gets $35M For Cashless Checkout
Standard Cognition, a startup that develops autonomous checkout technology that rivals Amazon’s, has raised $35 million in a Series B funding round...
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3.7KVISAOlympics Payment Partner Visa Embraces ‘Cashless Japan’
Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” The mandate handed down by Japan’s...
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4.0KRetailAmazon Go Has Spawned Imitators, But Also Innovation
Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for...
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4.0KInnovationMonopoly Goes Cashless And Board Games Gain Popularity
In this age of live multi-player online gaming, and virtual reality, and all things digital, it can be easy to think of...
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1.9KToday In DataRetailing The Automated Way
Checking in on self-checkout, the move toward seamless shopping done in the physical realm but with eCommerce features is an inexorable one....
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2.9KRetailUnattended Retail Stumbles In China, But Global Growth Continues
Unattended retail is having a moment – a bad moment, as it turns out, in China, according to reports. The challenges there...
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6.5KPartnerships / AcquisitionsVietnam’s mPOS And Vimo To Combine Into NextPay
Two Hanoi-based FinTech startups, Vimo Technology and mPOS Technology, are merging to create NextPay Holdings, according to reports. The CEO of mPOS...
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3.5KRetailRacing Amazon Go To The Cashierless Finish Line
Though San Francisco startup Zippin has gotten lots of press for being the first cashierless convenience store to compete directly with Amazon Go, Zippin CEO...
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3.0KDigital PaymentsLINE Pay, Visa Partner For Digital Payment Offerings
LINE Pay, the operator of digital wallet and FinTech services on the LINE messaging app, announced on Thursday (June 6) that it...
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3.8KCashIs Sweden Proof There Is Such A Thing As Too Much Digital Payment Success?
Usually when we’re telling a story at PYMNTS about expectations for a product being radically divergent from its actual performance, it is...
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5.0KPayment MethodsSquare: Most SMBs Will Always Accept Cash
Rumors of the death of cash – as in complete extinction – are greatly exaggerated. Even as digital payments gain ground, cash still...
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9.8KGlobal PaymentsParis Metro To Launch Paperless Tickets, Cashless Payments Rise In Russia
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the coming rollout of a paperless...
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7.7KPayment MethodsPolicymakers Introduce Bills To Ban Cashless Stores In US
In moves that could put a stop to cashless stores, two legislators brought bills forth in Congress to make business accept cash...
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3.9KRetailSmart Vending Machines Are Going Cashless
As San Francisco recently became the latest city to outlaw cashless businesses, the future of smart vending and unattended retail may seem...
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834Walmart Amazon whole paycheckThe Whole Paycheck Tracker: Enriching Experiences For Sellers And Managers
While both Amazon and Walmart tout an obsession with consumer experiences, this week the race for the customer’s whole paycheck saw the...
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3.3KRetailShake Shack Shares Soar On The Wings Of Mobile
Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Bloomberg reported...
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2.0KRetailSainsbury’s Creates Cashierless Store
To help consumers scan and pay for their selections, U.K. supermarket company Sainsbury’s has opened a checkout-free store in Holborn Circus, London, where shoppers use...
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3.3KRetailSweetgreen Reverses Cashless Approach
Amid the backlash to cashless stores around the country, Sweetgreen plans to start taking legal tender. Critics contend that cashless stores impact...
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6.9KRetailAmazon Go Stores No Longer Cashless
Cashless retail, to a point, and then cashless and cash, too. Reports came Wednesday (April 10) across a variety of financial news...
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5.9KPayment MethodsAtlanta Stadium’s Cashless Move Shows Little Demand For Cash
The move toward cashless has set in motion any number of initiatives, spanning any number of businesses where consumers shop, from retail...
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4.8KAmazonAmazon Accepting Cash Payments At Oxxo Stores
Amazon will now accept cash payments at Mexico’s most popular chain corner store, Oxxo, the companies announced on Monday (April 1). Reuters...
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7.2KEcosystemsAlabama Debuts Smart Utility Payments Program
It started, arguably, with mass transit, though with many bumps along the way, as the problems are slowly being solved while still...
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7.7KFintech InvestmentsLine To Expand Into Payments, FinTech To Avoid Complacency
Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and...
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4.1KGlobal PaymentsMercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up between Mercari and Line for...
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4.3KGlobal PaymentsFamilyMart Unveils Cashless App; Victoria Taps Into Mobile Transit Payments
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the acceptance of smartphone payments for transportation...
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7.2KMastercardMastercard Pushes Cashless Solutions For Transit Payments
Mastercard plans to bring cashless transit solutions to more than 20 U.S. cities in the next few years, the company said on...
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7.5KLegalSan Fran Mulls Cashless Store Ban — Including Amazon Go
San Francisco is considering following in the footsteps of New Jersey and Philadelphia and banning cashless stores, including Amazon Go, according to...
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5.6KPartnerships / AcquisitionsFirst Data Buys German Cashless Tech Co ayCash
First Data, a commerce-enabling FinTech company, has acquired ayCash, a company that specializes in cashless payment terminals and merchant services in the...
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2.8KData DiveData Dive, Forward Backward Edition: The Cashless Tango And Amazon’s Opposite Moves
While it is easy to imagine the path of progress is ever forward, often in the innovation game it is a bit...
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7.6KRegulationPhiladelphia Bans Cashless Stores
Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. to do so,...
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9.4KPayments InnovationAtlanta’s Mercedes-Benz Stadium To Go Cashless
To help keep the prices of food and drinks low, the Mercedes-Benz Stadium in Atlanta is about to become cashless. Only credit...
- 4.8KRegulation
ATM Association Weighs In On Cashless Retail Ban
Much has been made of the coming of the cashless society. Amazon, of course, stands out as a marquee name in the...
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7.7KCashRetailers In Some States May Be Forced To Accept Cash
With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a...
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9.6KPartnerships / AcquisitionsVisa, NFL To Collaborate On First Cashless Super Bowl
Visa and the National Football League (NFL), partners since 1995, will extend their collaboration through 2025 and work together to make a...
