Payments
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45% of online shoppers complete purchases via mobile
When it comes to buying online, more consumers pay using mobile smartphones than those who use computers, according to a PYMNTS.com study.
By Dan O'Shea • Dec. 14, 2018
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Reuters: Amazon exploring potential airport locations for Go stores
The e-commerce giant has reportedly been in contact with airports, with the cashierless store concept among conversation topics.
By Dan O'Shea • Dec. 10, 2018
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Retailers push for faster debit card transaction settlement
The deal proposes a real-time system that would process debit card payments instantaneously rather than the one to three days it currently takes.
By Dan O'Shea • Dec. 07, 2018
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Convenience stores set sights on speedier service
A new report on convenience store shopping trends suggests consumers are interested in instant payment technology.
By Dan O'Shea • Dec. 03, 2018
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PayPal processed over $1B each on Black Friday, Cyber Monday
This holiday season is already looking like a big one for mobile payments, according to PayPal data.
By Dan O'Shea • Dec. 03, 2018
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LVMH forms partnership for cross-border payments help
Swift's global payments innovation cross-border messaging platform should help the fashion house manage and support international transactions.
By Dan O'Shea • Nov. 08, 2018
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7-Eleven pilots mobile checkout to let customers skip the line
The convenience chain aims to make shopping even easier with features powered by tech, including geofencing, QR codes and mobile payments.
By Robert Williams • Nov. 06, 2018
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Walmart sues long-time credit card issuer for $800M
A nearly two-decade partnership with Synchrony Financial came crashing down in July when Walmart picked Capital One as its new primary credit card partner.
By Corinne Ruff • Nov. 05, 2018
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Amazon, Western Union partner on global payments
The e-commerce giant aims to allow global shoppers to pay for their purchase in-person and in their own currencies.
By Dan O'Shea • Nov. 04, 2018
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Visa, Hudson Yards partner to showcase contactless cards
The credit card company has been looking to light a fire under contactless card payments in the U.S., and a new partnership with New York City's Hudson Yards project could help.
By Dan O'Shea • Nov. 01, 2018
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Shopify introduces Venmo as checkout payment option
The e-commerce company embraces Venmo as a payment method as it looks to reach young, mobile shoppers.
By Dan O'Shea • Oct. 26, 2018
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Indochino offers installment plans, faster delivery
The menswear company is cutting its previous delivery guarantee by one week, with the aim of enhancing the customer experience.
By Dan O'Shea • Oct. 25, 2018
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Mastercard unveils new card security push
The financial company aims to have all its cards ready to support digital token-based security by 2020, the latest in a major push by traditional credit card networks to increase sector-wide support for tokenization.
By Dan O'Shea • Oct. 22, 2018
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Half who sign up for store cards wish they hadn't
Store cards aim to boost loyalty, but steep interest rates and draconian fine print are leading to regret instead, according to CompareCards.com.
By Daphne Howland • Oct. 19, 2018
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Square unveils all-in-one portable payments device
The device houses a card reader, mobile payment capability, a printer and a screen showing a cash register display or a list of available products.
By Dan Alaimo • Oct. 19, 2018
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AmEx, PayPal deepen ties with cross-platform features
The two companies have expanded their existing partnership to include more features that will help users of both.
By Dan O'Shea • Oct. 19, 2018
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Visa adds payment partners to network token service
The credit card company adds more partners to its tokenization service, which could help the digital security practice spread throughout the industry.
By Dan O'Shea • Oct. 18, 2018
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FTC: More scammers demand gift cards from stores as payments
Fraud involving gift cards like iTunes is up 270% since 2015 as scammers coerce people into using them to pay for imposter scams.
By Dan Alaimo • Oct. 18, 2018
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CVS rolls out Apple Pay
The drugstore retailer is the latest onetime supporter of the CurrentC mobile wallet platform to begin accepting Apple Pay.
By Dan O'Shea • Oct. 15, 2018
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Walmart, PayPal partner to offer in-store services
The retail giant and payment company partner to offer account deposit and withdrawal capabilities in stores via the PayPal mobile app.
By Dan O'Shea • Oct. 12, 2018
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J.C. Penney extends credit card, financial deal with Synchrony
The partnership involves store-brand credit cards, financial services and data analytics, as well as a mobile component.
By Dan Alaimo • Oct. 11, 2018
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Shopify aims to protect merchants from fraudulent chargebacks
The e-commerce platform’s new feature is intended to protect merchants at a time when the volume and cost of retail fraud have risen dramatically.
By Dan Alaimo • Oct. 10, 2018
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Square opens up to installment programs
The payment company's new installment offering allows merchants to set up flexible payment programs that customers once would have found only at the biggest retailers.
By Dan O'Shea • Oct. 08, 2018
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Skip takes aim at Amazon Go with plans for 3K stores
The mobile checkout app provider is racing Amazon Go to 3,000 stores — whether the e-commerce giant is planning to open that many or not.
By Dan O'Shea • Oct. 04, 2018
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Rebecca Minkoff, Afterpay offer interest-free installment pay plans
The luxury brand launched a payment partnership aimed at increasing conversion and reducing shopper indecisiveness.
By Dan O'Shea • Oct. 04, 2018