Sections
Payment Methods
-
281RetailSweetgreen 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...
-
1.8KMobile CommerceStudy Reveals Consumers’ Mobile Shopping Behaviors
Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool...
-
1.5KRetaileTailers Look To Jolt Instant Coffee Via Subscriptions
Entrepreneurs are founding coffee startups to connect consumers with instant brews through the help of subscriptions and one-time purchases. Nate Kaiser started...
-
1.9KInvestmentsAlt Thirty Six Raises $10M To Bring Digital Payments To The Pot Industry
Alt Thirty Six, a digital payment and compliance platform designed to help the cannabis industry go cashless, announced Tuesday (April 23) it...
-
6.9KCryptocurrencyAmazon To Accept Bitcoin Payments
Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to...
-
2.2KRetailHow eTailers Are Taking On Toy Fatigue Via Subscriptions
When Green Piñata Toys Founder Shiva Kashalkar’s daughter was about eight months old, the new parent was excited to buy toys for...
-
5.0KDigital PaymentsPayPal Eyes Credit To Monetize Venmo
Venmo, the digital payments company, is reportedly considering launching credit cards as a way to profit from its large customer base. According...
-
2.3KGlobal PaymentsKOKU Notches $2M In Funding; Citi Taps Into Biometrics In Asia
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $2 million pre-series A raise...
-
2.7KPayment MethodsRiverPay Aids Merchants With QR Code Payment Integration
The UnionPay card in China is accepted by more than 80 percent of merchants in the United States, but Chinese customers are...
-
7.1KB2B PaymentsRipple’s Cross-Border Offerings Gain Asia Adoption
The competition for cross-border payments continues apace, with both SWIFT and Ripple making progress — the former in Asia, the latter in...
-
2.1KPartnerships / AcquisitionsFlywire, TRUE North Integrate To Reach More International Students
Flywire, the payment company focused on educational institutions and their students around the world, announced Thursday (April 18) an expanded partnership with...
-
5.6KPayments InnovationVisa, Wave Team To Bring Instant Payouts To Micropreneurs
“When do you want to get paid?” It’s a basic question that — when posed to anyone, particularly, a small business (SMB)...
-
3.4KBankingUK Bank NatWest Introduces Biometric Payments
U.K. bank NatWest has announced a biometric payment technology for its commercial and business customers. The new development will allow for customers...
-
2.4KDigital PaymentsInternational Train Service Eurostar Adds Google Pay Support
High-speed rail service Eurostar is adding Google Pay support to its service in an effort to reduce the usage of paper tickets,...
-
3.0KDigital PaymentsAlipayHK And McDonalds Hong Kong Team Up For In-App Payment
AlipayHK, a mobile payment system in Hong Kong, has partnered with McDonald’s to offer payment on the McDonald’s app on smartphones, the...
-
4.8KFaster PaymentsJPMorgan Rolls Out SEPA Instant In Europe
JPMorgan announced this week it’s launching SEPA Instant in Europe as part of its efforts to advance its real-time payments offerings. In...
-
4.8KRetailAmazon 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...
-
3.7KB2B PaymentsPayStand Rolls Out Automated AR Solution
B2B payments company PayStand is turning its attention to the accounts receivable (AR) side of business transactions with a new solution announced...
-
2.9KRetailHow A Subscription Nutrition Brand Aims To Help An Aging Population
eCommerce innovators are offering plant-based nutrition beverages designed for baby boomers and their parents with the help of the subscription business model....
-
3.7KeCommerceSquare Rolls Out Online Store For UK Sellers
Square announced on Tuesday (April 9) the launch of the Square Online Store for U.K. sellers. In a press release, Square said...
-
6.6KPayment MethodsWhy Card Replacement Is Every Bank’s ‘Moment Of Truth’
It happens. An issuer suspects a card has been compromised, or a consumer remembers that their debit card is in their jacket...
-
2.7KData DiveData Dive, Milestone Edition: Gig Payments, Affirm And Contactless March On
For baseball fans, April 8 is a day that lives in semi-infamy, as it is the day 45 years ago in 1974...
-
5.3KAPIHow Open APIs Help Payors, Payees Get Down To Business
Open banking is here. Open API platforms take the heavy lifting off enterprises’ shoulders as firms spanning retail, health care and real...
-
6.4KMobile PaymentsPayPal Updates Its Refund Policy
On April 7, PayPal announced some changes to its user agreement. Currently, when someone sells goods or services, they are charged a flat...
-
3.4KGlobal PaymentsBharatPe Notches $15.5M In Funding; Eika Group Teams With EedenBull
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $5 million Series A raise of...
-
3.8KCryptocurrencyWill Smartphone Makers Cozy Up To Cryptocurrencies?
Better late than never? That could be the emerging story when it comes to smartphones and cryptocurrencies, given Samsung’s recent entry in...
-
5.5KPayment MethodsThe Next Big Cashless Play: Cannabis
Blunt question for PYMNTS readers (pun intended): Have you been inside a pot shop lately? One of the legal operations that are...
-
5.6KGig EconomyHow Gig Work In The US Became A Career
With U.S. gig workers accounting for more than $1.4 trillion in income by the end of 2018, it’s safe to say the...
-
3.6KDigital PaymentsSWIFT Working Group To Create ISO 20022 Standard
SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the...
-
3.1KRetailVoice Shopping: Walmart’s Newest Grocery Play
Retailers are turning to voice assistants to make it easier for customers to shop for groceries amid strong competition. Walmart, in one...
-
4.2KPayment 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...
-
9.8KPayment MethodsVisa Gives Businesses New Way To Pay Gig Workers In Real Time
The gig economy is growing. The desire to get paid faster is also gaining traction — along with the companies satisfying that desire....
-
4.5KPayment MethodsDollar General, Western Union Team Up To Expand Access To Money Transfers
Dollar General and Western Union announced Tuesday (April 2) that customers can complete Western Union money transfers at more than 15,400 locations...
-
3.2KToday In DataCards On File Cut eCommerce Friction
Storing a card on file is an integral part of the shopping experience for many consumers, as eCommerce continues to explode across...
-
3.3KPayment MethodsReport: Richest People In America Have Record-Level Cash Stashes
The wealthiest households in America are stashing cash at record levels, according to a report by Bloomberg. The top 1 percent have...
-
4.6KPayment MethodsWorld Bank Sees DLT Potential For Cross-Border Transactions
The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course,...
-
3.4KData DiveData Dive, Spring Blooms Edition: Apple, Citi And Square
April has arrived, and once we’ve sorted out the various pranks, we can all take a minute to appreciate that winter is...
-
5.4KMobileHow Card-On-File Is Changing Online Consumer Shopping
When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having...
-
4.7KDigital PaymentsSquare Teams With Washington Nationals On In-Seat Concessions
Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their...
-
4.2KB2B PaymentsPOS Financing Makes Its Way Into B2B eCommerce
Point-of-sale financing is quickly becoming an attractive feature for consumers shopping online and in-store. Retail giants like Walmart are working with FinTechs to...
-
3.3KBankingICBA Bancard And Urban FT Link Up For Prepaid Cards
ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based...
-
3.1KToday In DataSubscribing To The Subscription Model
Across the pond, and here, too, subscriptions are big business – to the tune of one billion pounds. The model helps keep the...
-
7.3KDigital PaymentsCiti Launches Digital Consumer Payments Platform
Citi’s Treasury and Trade Solutions, a unit of Citi, announced Tuesday (March 26) it is developing a new business unit that will...
-
6.3KMastercardMastercard Gears Up For $300M Investment In Network International
Mastercard, the payments company, is taking a big stake in Network International, the payments company servicing the Middle East. According to a...
-
6.4KInnovationWhy Hotels And Restaurants Struggle With POS Innovation
When it comes to implementing innovation, trying and succeeding are two different things. This is a fact that hotels and restaurants know...
-
3.3KPayment MethodsTwitch Removes Support For Crypto Payments
Twitch, the streaming gaming platform, has reportedly dumped cryptocurrency as a payment method. According to a report in CCN, citing a Reddit...
-
3.7KData DiveData Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram
While the competition part of the story is usually where the action is in payments and commerce – who’s ahead, who’s behind,...
-
3.0KGlobal PaymentssolarisBank To Grow Alipay In Europe; PagBrasil Teams With Singapore’s APACPAY
Welcome to The Axis, your late look at payments news from around the world. Coverage includes solarisBank‘s tie-up with Alipay for payments in...
-
2.1KPayment MethodsGo-Pay Wants To Strengthen Its Position In Indonesia Payments Market
Go-Pay, the digital payment unit of Southeast Asian ride-hailing company Go-Jek, plans to strengthen its position in the digital payments market as...
-
2.3KRetailHow eCommerce Merchants Create Seamless Subscriptions With Customization
In the age of subscriptions for movies and even car rentals, consumer goods and eCommerce companies are tapping into recurring purchase models....
