Taking New Approaches To Retail Stores And Faster Payment Models

By  |  January 2, 2020
 | 
New Approaches To Retail And Faster Payments

Anchor Shops is aiming to keep the parts of the department store experience that are still working, while minimizing the portions that drag down department store profits. And, in faster payments, the higher education and public school system is one such space that remains mired in outdated payment processing methods. Smart FinTechs, however, are seeing opportunities in the education 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:

    2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open.

    80 percent: Estimated CAGR of real-time payment growth in higher education between 2018 and 2022.

    54: Number of countries with active real-time payment programs.

    21.5 percent: Share of consumers still receiving disbursements via paper checks.

    Advertisement: Scroll to Continue

    12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region.


    Recommended

    Stripe Acquires Metronome to Enhance Metered Pricing Capabilities for AI Companies

    Google Chrome Enables Autofill of Loyalty Card Numbers and Travel Details

    Personal Income Posts First Drop Since 2021

    Rising Prices Squeeze Shoppers as Credit Fills the Gap

    New York Times Sues Perplexity, Alleging Copyright Violations and Damage to Brand

    See More In: , , , , , , , ,