Grocers may want to brace for a slump as most states cut back food stamps. For all but a smattering of states, Supplemental Nutrition Assistance Program (SNAP) benefits are set to roll back to “normal” levels at the end of March, cutting away the increases...
Thrive Payments has teamed with point-of-sale firm Phos to deploy its contactless payment solution. According to a Tuesday (Feb. 21) news release, the deal lets Thrive’s merchant customers accept card payments on any near-field communication (NFC) enabled smartphone or tablet, allowing them to expand their...
Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to reach its goal of providing 1 million cars and to further its recent expansion into Mexico, the startup said in...
After three tumultuous years leading to a very uncertain 2023, retailers are innovating in key areas to improve customer journeys with advanced data approaches and real-time payments. These are among the findings from the study “Retail Payments Innovation Year in Review: How Real-Time Payments Drive...
Research featured in PYMNTS’ latest Retail Tracker® shows shoppers have been let down at checkout. The Context The grocery industry, for its part, has been working hard on innovating the checkout experience, tapping new technologies to improve efficiency on its end and to remove friction...
Western Union has decided to continue its 12-year-old partnership with Regions Bank. The two companies announced a five-year extension to their agreement Wednesday (Feb. 22), allowing consumers to use Western Union’s money transfer and bill pay services to send or receive funds at any of Region’s locations. Since starting...
Target is making a $100 million bet on eCommerce by expanding its supply chain operations. The retailer announced Wednesday (Feb. 22) it would increase the number of sortation facilities from nine to more than 15 by the end of 2026, a move that comes as...
G-P and Wise have partnered to enable faster cross-border payments to freelancers and contractors. The firms said in a Wednesday (Feb. 22) press release that adding Wise’s cross-border payments technology to G-P’s Global Employment Platform will enable businesses to make payments in most countries and...
Klarna continues to see strong demand for its buy now, pay later product in the U.S. The Swedish company said Wednesday (Feb. 22) it had seen a 71% increase in gross merchandise value (GMV) in the United States last year. Klarna attributed its growth to...
