May 31, 2024
Amazon Exec Says Restaurant Ordering About Boosting Daily Engagement With...
As Amazon looks to make its Prime membership increasingly indispensable to customers’ day-to-day lives, the eCommerce giant’s new partnership with Grubhub aims to drive more frequent engagement with the subscription’s...
May 30, 2024
High-Income Shoppers Likeliest to Abandon Carts Online
As shoppers engage with eCommerce channels, high-income consumers prove, perhaps counterintuitively, to be the most likely to ditch their would-be purchases without completing the transaction. By the Numbers The PYMNTS...
May 30, 2024
Ivalua and Visa Partner to Embed Corporate Cards Into Purchasing
Ivalua and Visa have partnered to enable businesses to embed their corporate cards into any purchasing activity and gain “total control” over any pre-approved spend. With this capability, businesses can...
May 30, 2024
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by its deployment of artificial intelligence...
May 30, 2024
Amazon Expands Into Online Ordering With Grubhub
Amazon announced an expanded partnership with Grubhub to enhance the restaurant delivery experience for its customers. The collaboration allows Amazon customers in the United States to order from hundreds of...
May 29, 2024
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime...
A U.S. judge in Seattle on Tuesday rejected Amazon.com’s request to dismiss a Federal Trade Commission (FTC) lawsuit alleging that the retail giant enrolled millions of consumers into its paid...
May 28, 2024
Mall of America Exec Says Consumers Balance Shopping and Experiences
As convenience-seeking shoppers make more of their purchases online, malls are adapting to focus more on on-site, immersive experiences rather than just on the quality and variety of retail vendors....
May 23, 2024
Intuit Says AI Is Helping Drive Small Businesses Growth, Certainty
Small businesses are the heart and soul of America’s Main Street. But it can be hard to get a pulse check on how they are doing, given today’s dynamic operating...
May 23, 2024
NuORDER Teams With Spreedly on Payments Vaulting
Open payments platform Spreedly has launched a partnership with B2B commerce company NuORDER by Lightspeed. The partnership is designed to leverage “advanced payments vaulting solutions” to secure customer data during wholesale transactions, according...
Subscription merchants that fail to offer multiple ways for consumers to buy their products will see their sales take a hit, says Bean Box CEO Matthew Berk. Only giving consumers one way to buy and pay is a key driver of voluntary churn, especially in these times. Read the “Subscription Commerce Tracker®,” a collaboration with Vindicia, for more.
Retail subscriptions are changing the shopping landscape, and nearly one-third of subscribers purchase most or all items using scheduled or auto-fill subscriptions. PYMNTS Intelligence’s latest study of 2,011 consumers and 188 retail subscription merchants, “The Replenish Economy: A Household Supply Deep Dive,” a collaboration with sticky.io, details the replenish economy and its impact on in-store shopping habits.