It seems that we can’t show Mom enough love at least when it comes to Mother’s Day. According to an annual survey released today by the National Retail Federation (NRF), US Mother’s Day spending should reach a record $25 billion this year, up from $23.1 ...
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E-commerce
E-commerce
Busy, busy week in the payments industry and we’ve got highlights for you. Vox looks at the fascinating success story of Amazon Prime and its impact on e-commerce. Wayfair’s 2019 Way Day event was another big sales success. We look into PPRO’s Almanac 2.0 of ...
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Amazon competitors have found imitation of Amazon’s annual July Prime Day sales event to be their own summer sales success stories. Business Insider looked at several companies including eBay, Walmart, Macy’s, Target, and Best Buy and found some compelling, competing summer sales promotions in 2018. ...
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Amazon fired another shot over the bow of the grocery business with the addition of 13 new cities now able to get home delivery service from its Whole Foods subsidiary. Now available in 88 US cities, Prime members can shop through Prime Now for thousands ...
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When it comes to e-commerce and cross-border payments, it’s critical to consider the importance of local payment methods (LPM) and preferences. Payment specialist PPRO has released Payments Almanac 2.0, its latest analysis of global payments markets, e-commerce growth and local payment preferences. The Almanac has ...
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Welcome to the weekly global payments news roundup from Payments NEXT. Fintech company Resolve launched its B2B payments platform. A New York student sued Apple for $1 billion for his arrest due to mistaken facial recognition. Equifax acquires PayNet to tackle the small to midsize ...
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Forrester Research says B2B e-commerce will reach $1.8 trillion by 2023 and make up 17% of B2B sales. Fintech startup Resolve aims to disrupt the painfully slow, traditional business finance model with its automated payments platform offering extended net terms for customers of B2B sellers. ...
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It’s a holiday weekend ahead but we’ve still got your global payments news roundup to keep you current. MasterCard purchased POS loans platform Vyze while Amazon announced plans to depart the China online marketplace. We’ve got a look at contactless cards in the US and ...
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A new Transaction Network Services (TNS) report shows connected car and other internet of things (IoT) payments are getting traction with consumers. The survey of more than 3100 consumers in the US, UK, and Australia shows 26% of respondents that own a voice assistant have ...
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Mergers and acquisitions in the payments industry are growing as indicated by MasterCard’s purchase of fintech point-of-sale financing platform Vyze. According to Accenture, point-of-sale (POS) loans are a $1.8 trillion business opportunity. “Both consumers and businesses want the best choice and service, exactly when they ...
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