Mobile Payments

Mobile Payments

Black Friday sales record $6.22 billion
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US Black Friday sales set online record of $6.22 billion

US Black Friday sales set a record $6.22 billion according to Adobe Analytics. For the first time, more than $2 billion or 33.5% of online sales were made on smartphones making mobile a big factor in sales. The record sales represented 23.6% growth over last ...
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global payments news Nov 23
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Nov 23 Global payments news roundup

Leading into the post-Thanksgiving weekend, we’re sharing a collection of global payments news that caught our eye this week, starting with a preliminary Black Friday sales report along with a few summaries of Thanksgiving Day shopping spending. Early indicators reveal a strong Black Friday Black ...
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Deloitte 2018 pre-Thanksgiving shopping survey
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Consumers plan to spend more in-store and online Thanksgiving shopping

Hey big spenders and sellers, we’ve got a Thanksgiving shopping research special report for you. Consumers are getting ready to open their purses and wallets for the holiday shopping season, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. 43% of young ...
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75.6% abandon purchases in their online shopping cart

SurePayroll estimates US e-commerce platforms lose roughly $18 billion in potential revenue each year to abandoned carts. With the holiday shopping season ready to roll, it’s a great time to consider the impact of a shopping cart abandonment on sales and revenue. According to SalesCycle, ...
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global payments news roundup
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Payments NEXT: Nov 16 global payments news roundup

It’s a week from Black Friday, but the Black Friday ads are already running in full force. To help you get through the weekend while you shop online, we’ve got our popular Friday global payments news roundup ready for your weekend reading. Payments Trends to ...
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Nov 9 Global payments news roundup

Here’s the global payments news that got our attention this week, curated and provided for your weekend reading. Look for plenty of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year. Check out the estimated $30 billion organized ...
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7-Eleven mobile payments app
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7-Eleven introduces hybrid mobile cashierless checkout

In 14 stores in its Dallas headquarters market, 7-Eleven is testing a mobile cashierless checkout app called Scan and Pay. Customers can pick up a Slurpee, snacks and other items, scan the product barcodes with a mobile app, pay by your favorite payment provider, display ...
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Sam's Club Now app
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Sam’s Club goes cashierless checkout in new Dallas store

If you’re a Sam’s Club shopper in Dallas, you’ll soon be able to use a new “Sam’s Club Now” app to scan and pay for your groceries and exit the new high-tech store at a cashierless checkout. Think of it like Amazon Go, except bigger and ...
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Payments NEXT Oct 26 news roundup
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Oct 26 Global payments news roundup

Here’s the global payments news that caught our eye this week including Shopify/Venmo and Amazon/AMEX partnerships, Visa’s double-digit growth, Amazon Q3 results, US cross-border payments research, Swedish government’s e-krona digital currency, British Airways hack, Canadian cannabis sales going higher, and much more. It’s payments news ...
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Payments NEXT – Oct 19: Global payments news roundup

Welcome to Payments NEXT’s Friday global payments news roundup featuring breaking news, industry insight, trends, research and much more. PayPal Scores an AmEx Tie-Up and Notches a Strong Quarter, Though Challenges Loom PayPal began working with competitive and semi-competitive partners, and on Thursday it added ...
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