September 16, 2024
FTC to Use PayPal to Send Refunds in FloatMe Settlement
The Federal Trade Commission (FTC) will begin sending refunded money via PayPal to consumers it said were harmed by online cash advance provider FloatMe. Consumers who are eligible for a...
September 09, 2024
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
In today’s uncertain operating environment, every dollar counts. With ample whitespace in the B2B market, companies are increasingly discovering that they can use their consumer-facing assets and expertise to serve...
September 09, 2024
Cantaloupe Expands Self-Service Commerce Capabilities With SB Software Acquisition
Cantaloupe, a global provider of self-service commerce technology, expanded its capabilities and market reach by acquiring SB Software, a provider of vending and coffee management software solutions in the United...
September 06, 2024
Mastercard to Provide Payment Processing to Saudi Startup Barq
Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnership with Mastercard will enable it to...
September 06, 2024
Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves
The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept. 5) news that Verizon has entered into a definitive...
September 06, 2024
Amazon Counters Walmart’s Grocery Lead With Third-Party Delivery Play
As Amazon looks to shrink Walmart’s lead in food, the eCommerce giant is expanding its presence in third-party grocery delivery. Consumers in the Seattle area can now order same-day grocery...
September 05, 2024
Report: OpenAI Considers $2,000 Monthly Subscription Prices for New LLMs
OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company’s upcoming large language models (LLMs) like Strawberry and Orion. The executives have discussed higher...
September 05, 2024
Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct...
Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions. Enterprises withdraw money from accounts...
September 05, 2024
Tech for Good: Boosting Nonprofit Success With Digital Payments and...
When it comes to payments, no one gets a hall pass. Not even a nonprofit gets one. In fact, the world of charitable giving offers a microcosm of the challenges...
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.