Checkout news and trends

Mastercard: It Takes a Village to Improve the Online Checkout Experience
Checkout Conversion // January 17, 2025

Checkout is the last mile in commerce, representing the critical moments of decision-making that can make or break a sale — and by extension, merchants’ fortunes. Joint research from PYMNTS Intelligence and Mastercard in the “Online Merchant Checkout Innovation Report” found that more companies encounter...

Klearly Raises $6.2 Million for SoftPOS Solution for Hospitality Businesses
Investments // January 15, 2025

Dutch FinTech Klearly raised 6 million euros (about $6.2 million) in a seed round to grow its software point-of-sale (SoftPOS) product for hospitality businesses, mobile vendors and other small businesses. The company’s embedded payment product allows merchants to use any existing Android or Apple terminal...

45% of US Online Merchants Want One-Click Checkout Solutions
Checkout Conversion // December 30, 2024

One-click checkout solutions top the wish list of U.S. online merchants when it comes to checkout and payment technologies. Forty-five percent of these merchants have asked their payment service providers (PSPs) to provide this technology, viewing it as a way to increase conversion rates, according...

PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
Innovation // December 26, 2024

PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and some that get a bit outside of that strike zone. Here, we find innovative artificial intelligence companies, retailers and other...

Interviews & Exclusives
66% of Consumers Look for Free Shipping When Online Shopping

January 21, 2025
When consumers are selecting an online store at which to make a purchase, free shipping is the offering that is most commonly on their checklist. Free shipping is an online shopping feature that 66% of consumers take into account when selecting an online store, according to the PYMNTS Intelligence report “The Online Features Driving Consumers […]

45% of US Online Merchants Want One-Click Checkout Solutions

December 30, 2024
One-click checkout solutions top the wish list of U.S. online merchants when it comes to checkout and payment technologies. Forty-five percent of these merchants have asked their payment service providers...

PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers

December 26, 2024
PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and some that get a bit...

Why Payment Choice Can Make or Break Retail’s Holiday Season

December 11, 2024
There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving....

Quick Reads
Klearly Raises $6.2 Million for SoftPOS Solution for Hospitality Businesses

January 15, 2025
Dutch FinTech Klearly raised 6 million euros (about $6.2 million) in a seed round to grow its software point-of-sale (SoftPOS) product for hospitality businesses, mobile vendors and other small businesses. The company’s embedded payment product allows merchants to use any existing Android or Apple terminal to accept card payments, without making hardware upgrades, Global PayTech […]

Report: Cashierless Checkout Technology Provider Grabango Discontinues Operations

October 10, 2024
Cashierless checkout technology provider Grabango reportedly discontinued its operations after failing to secure funding. The company had signed deals with grocers and convenience stores, including Aldi, Circle K, Giant Eagle...

Amazon Hits Reported Checkout Snag Amid Labor Day Sale

September 01, 2024
Amazon’s checkout reportedly suffered a technical issue as its Labor Day sale began. The glitch in the eCommerce site happened Friday (Aug. 30), preventing customers from completing their purchases, CNBC...

Fiserv to Facilitate Merchant Access to PayPal, Venmo and Fastlane

August 29, 2024
Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by...