PYMNTS-MonitorEdge-May-2024

Digital Approaches To Retail And Disbursements

Digital Approaches To Retail And Disbursements

Cooler Screens is replacing traditional glass doors with high-definition, multi-functional video screens that create a new revenue stream for merchants. In merchant innovation, consumers are increasingly beginning their shopping trips online, and a growing number are deciding to finish their journeys there. And in disbursements, mobile and instant payment methods can keep unbanked clients digitally engaged. All this, Today in Data.

Data:

$80M: Amount of the recent capital infusion for Chicago-based Cooler Screens.

60%: Increase in share of purchases made with digital devices since March.

25%: Share of consumers who prefer wholly digital shopping experiences.

5.4%: Portion of U.S. households counted as unbanked in 2019.

1.7B: Number of unbanked individuals globally as of 2017.

PYMNTS-MonitorEdge-May-2024