PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

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Cards United States Strategy Retail 291

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

Retail 252

Retail Millennials Online Report 252

Bank Innovation

AUGUST 17, 2017

Mobile wallets may be all the buzz, but debit cards were still the most popular of payment method in the U.S. in 2016, according to a recent report by PULSE. According to the 2017 Debit Issuer Study released earlier this week, debit card transactions were at a record high in 2016, with 23.6 transactions per […].

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Cards Mobile Study Report 290

PYMNTS

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores. Larger Trends.

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Retail New York Dallas Trends 264

PYMNTS

APRIL 17, 2020

To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The tech company’s debit card will have the brand of Google along with its partnered financial institution; however, it is not known what the offering’s name will be.

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Google Cards Apple Branding 229

PYMNTS

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Around The Next-Gen Debit World.

Fraud 188

Fraud Retail Report Online 188

Payments Dive

AUGUST 16, 2023

The retail sector drove overall card spending growth, but average ticket sizes have dipped due to declining inflation, Fiserv said in its latest consumer spending report.

Retail 370

Retail Cards Report 370

PYMNTS

JULY 15, 2020

Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs , Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July 15). To use Apple Pay, customers tap the card icon in the Afterpay app, which then activates the Afterpay card in the Apple wallet.

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Apple Cards Innovation Conference 243

PYMNTS

DECEMBER 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. reported that revenues rose 12 percent for the third quarter of 2020. Benetton Group Teams With Retail Intelligence Firm EDITED. EDITED Retail Market Intelligence provides live data on more than 140,000 brands and retailers.

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Groups Retail Report Branding 192

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. retailers spiked 44 percent year-over-year in the second quarter.

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Cards Fintech Management Lending 254

Accenture: Banking

AUGUST 31, 2020

Key themes The spending effects of the pandemic were fully felt in Q2 as most issuers report large declines in purchase volume between 15-30%, and receivables decline between 3-17% YoY. The post Q2 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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US Cards Retail Data 222

PYMNTS

JANUARY 28, 2021

One of the more notable differences is their tendency to favor credit cards online and other options such as digital wallets over debit cards. PYMNTS’ latest research report, Online Security And The Debit-Credit Divide , a PYMNTS collaboration with Elan based on a survey of 2,466 U.S. The report finds that 45 percent of U.S.

Cards 210

Cards Online Security Data 210

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. The corporate card is going through a change this year, like many other parts of the business world.

Cards 221

Cards Payments Innovation Regional 221

BankBazaar

JANUARY 14, 2025

Here are some key insights from the Moneymood 2025 report presented by BankBazaar. BankBazaar.com, an Indian fintech co-brand Credit Card issuer and online financial product marketplace, launched the sixth edition of BankBazaar Moneymood 2025. This report summarises personal finance trends from 2024 and outlines expectations for 2025.

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Report Trends Cards Metro 78

Bank Innovation

FEBRUARY 19, 2020

is part of a fast-growing class of well-funded financial technology startups offering debit cards, checking accounts and other financial […].

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Report Financial Technology Cards Technology 312

PYMNTS

JANUARY 20, 2021

Other than small things like a pen or providing staff with free coffee, anything given to employees that has a clear cash value attached to it is considered taxable by the IRS, said Nat Salvione , chief commercial officer of Tango Card. He cited the National Retail Federation , which found gift cards have been a top gift for over a decade. “If

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Taxes Cards social media Management 233

Payments Dive

SEPTEMBER 13, 2023

Fraudsters developed sophisticated techniques to evade safeguards and steal payment credentials, the card network said in its biannual report.

Retail 243

Retail Fraud Cards Report 243

PYMNTS

NOVEMBER 25, 2020

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2 About The Tracker.

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Report Trends Payments United States 260

PYMNTS

OCTOBER 5, 2020

5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network, according to a press release emailed to PYMNTS. The Venmo Credit Card lets Venmo's more than 60 million customers to shop, share or split purchases and earn cash back wherever Visa credit cards are accepted, the release stated.

Cards 226

Cards Mobile Management Payments 226

PYMNTS

OCTOBER 2, 2020

Amazon India has introduced a way for customers to pay their credit card bills through Amazon Pay , the eCommerce company’s payments arm. The feature allows making payments for any credit card bill via UPI or internet banking. “As Today, it offers a credit card and processes payments for customer bills.

Cards 235

Cards Payments Seattle Online 235

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. A client can find the data on a Teletrac Navman fuel usage report to make sure that drivers are adhering to the correct routings and not paying too much for fuel.

Management 238

Management Cards Innovation Fraud 238

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Cards 207

Cards Data Compliance Payments 207

Accenture: Banking

OCTOBER 4, 2021

Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.

Retail 222

Retail US Payments Marketing 222

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Nike posted its lowest quarterly sales in two years, along with a $790 million quarterly loss, when it reported its Q1 2020 earnings in late June. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

NOVEMBER 16, 2020

In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. Physical cards are changing form, as some NFC-capable mini-cards are being embedded in rings and other wearables. Now comes the work of embedding touchless payments anywhere and everywhere people might want them. told PYMNTS.

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Cards Payments Innovation Customer Experience 239

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Fintech Trends Apple South Dakota 474

PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

Cards 262

Cards Regional Payments Data 262

Abrigo

MARCH 18, 2025

checks, debit/credit cards, wire transfers, digital wallets) Clearing and settlement mechanisms for processing transactions accurately and securely Payment systems are critical to the nations financial infrastructure and are vital to the financial stability of the U.S. Payment card networks in the U.S. accounts reached 387.7

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System Payments Fraud Regulation 195

PYMNTS

SEPTEMBER 30, 2020

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. American Express, Amazon Roll out UK Credit Card Aimed at SMBs. Walmart Inc.

Cards 214

Cards United States Payments Capital 214

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet.

Report 228

Report Payments Millennials Cards 228

PYMNTS

JANUARY 13, 2021

In the months to come, the retailer will roll out Synchrony-issued credit cards in addition to a prepaid debit card that will be fueled by the Mastercard network, according to a Wednesday (Jan. The credit cards will link up with myWalgreens , the retailer's new customer rewards program. 13) announcement.

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Branding Cards Retail America 186

PYMNTS

MAY 8, 2020

Earnings reports from those companies show just how abruptly things have shifted. A bit more than a year ago, Square launched a revamped version of its Square Online Store and Square for Retail, in a bid to help sellers to reach consumers across a variety of channels. The coronavirus upended, well, everything, of course.

Report 245

Report Online New Jersey Conference 245

PYMNTS

OCTOBER 5, 2020

And CVS in August became the first major retailer to introduce PayPal QR code technology, which it plans to roll out in its 8,200 U.S. PYMNTS and PayPal’s recent How We Shop Report found that more than one-third of consumers who prefer paying with QR codes say they won’t complete a purchase if that option isn’t available to them.

Payments 360

Payments Cards Retail Branding 360

PYMNTS

DECEMBER 2, 2020

This will not only help retail items be more accessible to more consumers but could help merchants bounce back from what may have been a rocky year in sales due to the pandemic. percent of millennials report being financially stable, compared to 79 percent of non-millennial consumers. In fact, only 20.7

Retail 194

Retail Millennials Payments Trends 194

PYMNTS

AUGUST 28, 2020

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. Trackers and Reports. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Fun, Cool, and Otherwise Interesting.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

DECEMBER 7, 2020

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters reported on Monday (Dec. Customers who use their debit cards or checking accounts can still make BNPL payments, the CapOne spokeswoman said.

Capital 184

Capital Cards Millennials Regional 184

PYMNTS

MAY 19, 2020

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid debit cards. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card. Here’s what you missed.

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Cards Payments Retail ATM 210