Digital Payments

Digital Payments
Digital Ordering Could Nearly Double Average Check for Event Concessions
June 09, 2023

As live event venues look to meet their increasingly digitally connected customers’ demand for speed and convenience, they also have the opportunity to nearly double the amount that attendees are spending, in-seat ordering company Ordr has observed. Jade Chiles, CEO and co-founder of the platform,...

Digital Payments
In-Store Retail Purchases Threatened by Oncoming eCommerce Wave
June 06, 2023

eCommerce activity is poised to rise significantly in the next 12 months. Thirty percent of consumers expect to purchase more retail products online in the next year, and 32% expect to buy more groceries. This upcoming eCommerce activity surge creates myriad opportunities for merchants and...

Digital Payments
PYMNTS Intelligence: Convergence of Beauty Services and Products Puts Spotlight on Partnerships
May 15, 2023

The pandemic’s closures of in-person businesses forced a hard digital pivot on beauty services providers — one that allowed many to survive. With increasing consumer demand for convenient and contactless payment options, however, the industry is finding value in digital transformation long after most pandemic...

Digital Payments
How the Next Wave of Payments in the Digital Economy Might Look
May 15, 2023

The digital economy is supported by payments infrastructure created decades ago, when payments were exclusively a physical activity. In the digital age, instant communications have been “matching up” with instant clearing and settlement and the ability to move money in the blink of an eye....

Digital Payments
How Digital Platforms Are Easing Spas’ and Salons’ Top Pain Points
May 12, 2023

As salons and spas across the country recover from the pandemic’s impact, an industry insider explains how digital systems are improving the customer experience and helping to attract and retain customers.  — Although the beauty services industry is rebounding from the pandemic, spas and salons...

Digital Payments
Digital Payments Makeover Continues for Beauty Services Industry
May 11, 2023

Despite being among the worst hit by the pandemic, the beauty services market has begun to rebound. Sales in the United States have reached nearly 70% of their pre-pandemic levels in 2021 and market value has eclipsed $57 billion. Nevertheless, emerging shifts are creating new...

Digital Payments
Why the Way Companies Get Paid Defines Their Future
May 05, 2023

The current economy’s transitionary challenges have organizations increasingly looking to identify and capture efficiencies. One of the biggest operational impacts being realized is how businesses shift their technology investments to meet their financial operations’ changing needs. “The COVID-19 period woke the marketplace up to the...

Digital Payments
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28 million smaller firms, which drive a significant portion of the region’s GDP. And to fully embrace the great digital shift...

Digital Payments
Deluxe, Echo Health Form DPX to Offer Digital Payments to Paper Users
May 02, 2023

Deluxe and Echo Health have teamed to offer digital payments services to companies using paper. The two payments companies announced Tuesday (May 2) that they’d formed DPX Payments, a joint venture aimed at offering “advanced payables offerings to the large and underserved middle-market.” DPX, the...