Focus On Contactless Payments And Leases Emerges In Retail 

By  |  July 9, 2020
 | 
Focus On Contactless, Leases Emerges In Retail

Attention is turning to retail leases, as it has in the first week of each month during the pandemic, with one of the nation’s biggest real estate firms reporting only about two-thirds of collections. And Dunkin’s Speedway exit is putting the focus on contactless transactions, although the coffee chain says it is ending the relationship because of limited menus and space. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:         

    2,700: Number of stores at which Gap Inc. suspended rent in April.

    65.3%: Share of Q2 2020 rent that Retail Properties of America collected as of the end of June.

    30%: Portion of consumers who reported using contactless payment methods for the first time since the pandemic.

    10 cents: Amount per gallon qualifying customers can save through the “Sip Dunkin’, Save at Shell” promotion.

    Advertisement: Scroll to Continue

    0.3%: Share of U.S. consumers’ POS transactions that were contactless in 2016.


    Recommended

    OCC Aims to Reform Liquidity Risk Management and Anti-Money Laundering Compliance

    Walmart Completes Street-Front Retail Lineup at New Corporate Campus

    Conversational AI Becomes New Front Door for Holiday Shopping

    AMINA Bank Integrates Ripple Payments to Facilitate Cross-Border Stablecoin Transactions

    See More In: , , , , ,