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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. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177
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QR Codes Enjoy A Renaissance In A Post-COVID World

PYMNTS

trillion by 2027, according to a recent report by Grand View Research. The firm concluded that North America will be a leading market for QR code-based transactions, with particular growth in transportation and retail. Additional new uses of QR codes involve managing the spread of COVID-19 itself.

Apple 293
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Reliance Tests eCommerce Portal In India

PYMNTS

A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 KPMG said India’s appetite for eCommerce is set to grow by $200 billion from now until 2027. million in digital assets into JioMart , a subsidiary of Reliance. Vikraman P.N.,

Regional 215
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

Retail 121
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Chatbot Tracker: Saving $8B Annually by 2022

PYMNTS

The power that chatbots wield in the retail arena is significant. In a conversation we had with Mindtree’s digital transformation specialist, Craig Besnoy, he highlighted the various ways in which chatbots are changing the game for retailers. Although it highlights 14.9 million new jobs will be created, it also shares that 24.7

Analytics 170
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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. Those that work with third-party specialists must decide whether they want to build and manage the connections to their various payments services or focus instead on orchestrating them to optimize revenue.

Payments 162
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The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. Ancona , vice president and general manager, National Client Group B2B, American Express , told PYMNTS. Digital payments help sellers get paid faster and buyers [to] make convenient payments while benefiting from working capital and cash flow management.”.

Payments 132