In an unusual deal, Swedish-headquartered fast fashion retailer H&M invested $20 million to acquire under 1% of online payments firm Klarna. H&M will implement Klarna’s payments platform in its retail and online channels to provide shoppers with what it calls a “frictionless” payments experience starting ...
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Target’s newly-announced Smartly brand private-label discount products may turn out to be its most effective defense against competitors ranging from Amazon and Walmart to dollar stores. Target introduced a whole line of more than 70 everyday items, from all-purpose cleaner and body lotion to paper plates and ...
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Did you know nearly half of customers are still dissatisfied with the customer service that’s offered in-store and online? According to Zebra Technologies’ 2018 Shopper Study, 44% of shoppers are not satisfied with staff availability and customer service in-store while 55% are unhappy with the ...
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Just in time for your weekend reading, we’ve got the latest global payments news including a close-up on Square Installments new payments plan, a Thanksgiving Day retail sales forecast, the latest research on data breaches, the online sales tax storm and our popular global payments ...
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Here are the top global payments news stories from this week, all curated for your weekend reading pleasure. Fed seeks feedback on plans for RTGS system for faster payments The Federal Reserve Board is calling for public comment on its plans to build a real-time ...
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Square today launched a new payment option for small businesses to let customers pay for larger purchases in monthly installments. Initially, the new Square Installments payments plan is available in 22 states for businesses already using Square payments. Brilliantly simple for customers Square Installments offers ...
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Thanksgiving Day is probably the second most popular holiday in the US and with in-store traffic slowly declining, a large number of US retailers are planning to close that day. Seattle’s REI started the trend a few years ago when it decided to give employees ...
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When cloud security provider Bitglass examined the state of financial services cybersecurity in 2018, it was shocked to see that data breaches of financial institutions had nearly tripled since its 2016 report. In its 2018 Financial Breach Report, there were nearly three times as many ...
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The US Supreme Court decided on June 21, 2018, that states and local governments could require online retailers to collect online sales tax even if they don’t have a physical presence in the local tax jurisdiction. In South Dakota v. Wayfair Inc., the court left ...
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Lots of timely global Payments NEXT news for your weekend reading starting with the launch of Amazon 4-Star store in Soho, fraudsters using look-alike URLs, biometrics and contactless payments trends and much more. Also, check out our week’s best payments news roundup. Is Amazon 4-Star ...
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