June 12, 2024
Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
With the high labor costs of delivery, smaller merchants are struggling to find ways to compete on convenience without excessively compromising their margins and without alienating customers. National Retail Solutions...
June 12, 2024
Checkout Names Revenue Operations Head as New COO
British payments company Checkout.com has a new chief operating officer. Jenny Hadlow, who had been heading the company’s revenue operations team, will be promoted to the COO position, chief executive...
June 11, 2024
TikTok Shop Testing Image Search Capability in US, Southeast Asia
TikTok is reportedly testing image search capability for TikTok Shop. This capability allows users to use a photo that they have taken or uploaded to find similar items in TikTok Shop, TechCrunch reported Tuesday...
June 11, 2024
Accor Selects Stripe as Primary Payments Partner Globally
Hospitality company Accor has selected financial infrastructure platform Stripe as its primary payments partner globally. After using multiple payment gateways with different providers, Accor is now working with Stripe to...
June 11, 2024
Visa: Embedded Lending Is Big Hit With Consumer Lenders, a...
Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers. In fact, five out of...
June 11, 2024
NMI Debuts Enhanced Shopify Integration
Embedded payments company NMI enhanced its integration with Shopify. The updated offering ensures NMI’s independent sales organization (ISO) partners, software providers and payment professionals can offer their merchants an integrated...
June 11, 2024
Report: Temu Drawing More Return eCommerce Shoppers than eBay
Temu may be the new kid on the eCommerce block, but it’s becoming one of the biggest. That’s according to a new survey by U.K. marketing firm Omnisend, which found...
June 11, 2024
Baby Boomer Shoppers Set New Spending Priorities
For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. For the April edition of the “New Reality Check: The...
June 11, 2024
China to Help Its eCommerce Firms Go Global
China unveiled rules designed to fuel international warehouse construction and expand cross-border eCommerce. The draft rules from China’s commerce ministry cover both incoming and outgoing cross-border eCommerce in an attempt...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.