With one-stop stores and online marketplaces dominating the retail scene, small local shops with limited budgets can struggle to bring in a steady stream of new customers. In the latest Payments as a Service Tracker, Nift founder and CEO Elery Pfeffer explains how offering gift...
You can lead a horse to water, but you can’t make it drink. Mobile wallet providers are running into much the same issue. In the U.S., there’s a smartphone in nearly every hand, with 77 percent of Americans owning these devices, yet only 24 percent...
Managing payments and the POS isn’t exactly why bakers go into the bakery business. But catering to a mobile-savvy customer base means going beyond just serving coffee and bread, says Tanya Li, assistant director of Boston-based Flour Bakery + Café. In the latest Payments As...
Starbucks and Dunkin’ Donuts may make headlines with their digital initiatives, but they’re far from the only coffee and baked goods shops to recognize that online-savvy customers increasingly live on their mobile devices. In the March Payments As A Service TrackerTM, PYMNTS explores how...
Do restaurants understand their customers? Cancellations and failure to transform one-time visitors into regulars is eating into the industry’s $68 billion annual revenue. But deeper customer data insights can help restaurants improve engagement by targeting promotions to more loyal patrons, says Ben Leventhal, co-founder of...
When guests are a no-show, restaurants get burned by losing a table and a paying customer. But reservation platforms are firing up solutions to capture customers’ attention — and, more importantly, to keep their cancellations to a minimum. It’s not just restaurants that are hit...
Retailers create a $7B problem when they reward purchases customers already planned to make. Corey O’Donnell, senior vice president at Mobivity, believes an AI-driven blockchain solution could solve by enabling rewards points redeemable across franchisees’ brands. The January issue of the Payments-as-a-Service Tracker tells that...
The post-holiday, mid-winter blahs can make people antsy to jet set off and travel to new locations. When they get to their destinations, payments platforms are prepped and ready to unlock traveler spending. It turns out consumers aren’t the only ones on the move, though....
Construction management is about juggling the hiring, scheduling and payment of subcontractors, which is why project management platforms have become valuable additions to the contractor’s toolbox. In December’s Payments as a Service Tracker, Scott Siegert, director of Client Services for Buildertrend, tells PYMNTS how the...
