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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. “I

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Apple To Reopen Approximately 100 US Retail Locations

PYMNTS

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. The representative continued, “For customer safety and convenience, most stores will offer curbside or storefront service only, where we provide online order pick-up and Genius Bar appointments.”. stores this week.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

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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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. In that case, there are a number of reporting and filing requirements.

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Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. Deliverr said it will use the funding to grow its team and ink more partnerships with more online retailers. Deliverr co-founder Michael Krakaris said the number of warehouses is growing weekly. They didn’t build their own taxis.

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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

COVID-19 has caused urban flight, hollowing out cities by catalyzing the surge in working from home, shopping online and not traveling far from one’s residence. The COVID-led commercial real estate crunch is also having a major impact on retail properties. commercial real estate sector.

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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. All of the states do it differently,” she told PYMNTS. And we’re not done.”.

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