Blog

Macy's department store
E-commerce Retail

Macy’s same-day delivery is a new reality for retailers

Macy’s announcement of a new, free, same-day delivery program for hundreds of thousands of products, creates a whole new US retail reality. As if retailers didn’t have enough competition from Amazon, Walmart, Target and other e-commerce sellers, Macy’s just set the home-delivery bar higher than ...
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UTRUST cryptocurrency payments
E-commerce Payments Technology Payments Trends

Cryptocurrency payments for merchants are alive and well

With the same resilience as bitcoin, cryptocurrency payments for merchants are still alive and well despite what some may perceive as declining interest by merchants and consumers. According to UTRUST, more than 100,000 merchants around the world accept cryptocurrency payments for goods and services today. ...
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US mobile payments adoption is slow
Mobile Payments Payments Trends

US mobile payments: Are we there yet?

Let’s face it, the mobile payments landscape is moving as slowly as the proverbial LA traffic jam. There’s a purse or wallet full of reasons for the slow adoption in the US including legacy systems, cost, merchant reluctance, the strong appeal of card rewards, and ...
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Vortex
Disruptive Technologies E-commerce Payments Trends

Sept 20: Global payments news roundup

Time flies when you’re in the payments industry and we’ve got some global payments news to help you quickly keep up with the latest. We look at Mitto, an innovative Spanish virtual card design for Gen Z and financed by mom and dad. Clarus Commerce ...
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loyalty programs research
E-commerce Loyalty Retail

Premium loyalty programs research: Will customers pay?

Loyalty programs can generate substantial revenue when well-designed, created with substantial value and crafted to meet the needs of key customers. That old 80/20 marketing formula from your university business class still applies. That is, 80% of your revenue often comes from 20% of your ...
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Amazon PayCode available at Western Union
E-commerce Payments Trends Retail

Pay cash for Amazon via Western Union

Apparently, cash is not on its deathbed after all. At least not yet at Amazon. Amazon is partnering with Western Union to expand its PayCode service so US online shoppers can now pay cash to buy that next 10-in-1 Instant Pot, Fire TV Stick, Donkey ...
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Mitto is banking for Gen Z
Banking Fintech Mobile Payments

Mitto: A virtual card built for Gen Z, financed by mom and dad

Mitto is banking that 14-year-old and older Generation Z consumers will want their very own digital wallet and virtual debit card. All financed by mom and dad, of course. And it’s raised $2.2 million in new VC funding to reach out and touch Gen Z ...
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subscription data risk management
Cybersecurity E-commerce Payments Trends

Is your merchant data at risk from your payments provider?

It’s one of the payment industry’s ugly secrets and for companies with a business built on subscriptions, it’s a revenue and business continuity risk that needs very close attention. Erich Litch, President & COO 2Checkout The problem is that some company databases are virtually held ...
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E-commerce Mobile Payments

Shave and a haircut: The must-have app

After being taken to the cleaners with any number of wild app ideas, it was just a matter of time before the haircut app was born. Introducing Shortcut – the app where you can find a five-star barber or stylist, book a haircut appointment at ...
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global payments news
Banking E-commerce Payments Trends

Sept 13: Global payments news roundup

Another week, another payments news roundup. Let’s dive in. How could $35 million in payroll and tax accounts go missing from cloud provider MyPayrollHR? We investigate. B2B cart abandonment is a surprisingly big and costly problem according to new research from MSTS. A new business ...
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