Slider

Slider

Contactless payments will reach $2 trillion by 2020

July 31, 2018

A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...

E-commerce Fintech Retail Slider

Walmart and Waymo test driverless customer rides to stores

July 27, 2018

Forget free shipping and other online shopping incentives. Walmart and Waymo are partnering to test free, driverless vehicle rides to take customers to Walmart stores to pick up groceries. The pilot program in Phoenix, lets customers order their groceries on Walmart.com and then get a ...

E-commerce Payments Research Retail Slider

Merchants lose $17 billion annually due to out of stock items

July 26, 2018

Merchants are losing more than $17 billion in online sales every year due to out of stock products. At retail prices, that number is even larger at $22 billion in lost sales due to unavailable inventory. Those online out of stock rates are twice those ...

E-commerce Retail Slider

Coupon research: Mobile coupons ready to overtake print coupons

July 24, 2018

It’s official! New coupon research from CodeBroker shows mobile coupons are about to overtake paper coupons 131 years after Atlanta businessman Asa Candler created the first coupon offering a free class of Coca-Cola worth five cents. According to Coupon Sherpa: “Between 1894 and 1913, an estimated ...

Credit Card & Online Fraud E-commerce Mobile Payments Payments Research Slider

Kount research: Mobile sales grow, mobile fraud problems proliferate

July 21, 2018

Mobile sales are increasing along with the adoption of mobile apps by retailers, but mobile fraud is a growing problem as well according to a new research report from Kount. The whitepaper – “Mobile Payments and Fraud: 2018 Report” – identifies several key trends including ...

E-commerce Payments Trends Retail Slider

Amazon Prime Day reviews are positively positive

July 18, 2018

Well, another Amazon Prime Day and another $4 billion-plus in global revenue. That pretty much sums up the results and they must be doing the happy dance at Amazon headquarters in Seattle. According to Wedbush analyst Michael Pachter, sales were up 33% over last year’s ...

Payments Research Payments Trends Retail Slider

Global retail benchmarks, BOPIS fraud grows, global payments news roundup

July 13, 2018

We’ve got the latest global retail benchmarks research from Vend with valuable industry metrics. Buy-online-pickup-in-store (BOPIS) sales are up and we look at what to do about the growth in fraud as well. Finally, we have our weekly global payments news roundup to help you ...

E-commerce Payments Research Payments Trends Retail Slider

Global payments news: Amazon financial & Prime Day, strip malls, Walmart-Target price wars, more…

July 11, 2018

Here’s a roundup of the global payments news we’re reading this week. It includes a look at what Amazon is up to in the payments and financial services business and a preview of Amazon Prime Day. Also included is a look at the struggle of ...