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Innovative Approaches To Retail And PCI Compliance

PYMNTS

And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. 6.8B: Estimated size of the global tokenization market by 2027. . 6.8B: Estimated size of the global tokenization market by 2027. consumer’s whole paycheck. All this, Today in Data.

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Green Dot renews vital card partnership with Walmart

Payments Source

The two companies agreed to continue to collaborate on a prepaid card program until 2027. The deal holds particular importance for Green Dot, which relies heavily on revenue generated at the discount retail giant.

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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments.

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Retailers Team With Providers For eCommerce Payments’ Tear

PYMNTS

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

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Mercari Acquires Rival Marketplace App Origami

PYMNTS

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

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ATMs Are Ahead Of Their Time — Again

PYMNTS

And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. billion at the end of 2018 and is forecast to see a compound annual growth rate (CAGR) of nearly 11 percent through 2027, when the sector is expected to have doubled in size to approximately $44 billion in spend.

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