PYMNTS-MonitorEdge-May-2024

checkout conversion

P2P Payments Bring Convenience and Flexibility to Retail
P2P Payments Bring Convenience and Flexibility to Retail
June 03, 2024  |  Retail

Peer-to-peer (P2P) payments are revolutionizing the retail landscape, with major players ranging from Starbucks to eBay embracing the capability to offer consumers more convenient and...

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High-Income Shoppers Likeliest to Abandon Carts Online
High-Income Shoppers Likeliest to Abandon Carts Online
May 30, 2024  |  eCommerce

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....

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NCR Voyix Sees Growth in Digital Banking and Self-Checkout
NCR Voyix Sees Growth in Digital Banking and Self-Checkout
May 09, 2024  |  Earnings

NCR Voyix’s first-quarter earnings results took note of strength in customer conversions to its commerce platform and growth in digital banking and the adoption of self-checkout technology to help streamline customer...

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Instacart: Grocery Shoppers Ditch Merchants That Don’t Offer Smart Carts
Instacart: Grocery Shoppers Ditch Merchants That Don’t Offer Smart Carts
May 08, 2024  |  Earnings

Instacart is seeing in-store technologies impact grocery shoppers’ spending and loyalty. The aggregator’s CEO, Fidji Simo, noted in a letter shared with investors Wednesday (May 8) discussing its first-quarter...

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Payment Diversification Creates Winning Formula for Merchants
Payment Diversification Creates Winning Formula for Merchants
May 08, 2024  |  Payment Methods

There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification...

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Self-Service Confronts Big Issues to Meet Consumer Demand
Self-Service Confronts Big Issues to Meet Consumer Demand
April 12, 2024  |  Retail

Across restaurants, grocers and nongrocery retailers, self-service is gaining ground, and merchants are making smarter choices about how they apply it. Take the restaurant industry,...

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Orchestration Merchants Give Options for Who, How and Where to Pay, Spreedly Says
Orchestration Merchants Give Options for Who, How and Where to Pay, Spreedly Says
April 11, 2024  |  Platform Payments

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS that online platforms offer advantages to all stakeholders — and they can offer...

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VIP Subscribers Demand Transparency at the Point of Checkout
VIP Subscribers Demand Transparency at the Point of Checkout
April 09, 2024  |  Subscriptions

Consumers who enroll in retail subscriptions for exclusive access demand to be kept in the loop about the status of their purchase through to the...

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Visa and Skipify Link ‘Click to Pay’ and Digital Wallet
Visa and Skipify Link ‘Click to Pay’ and Digital Wallet
April 04, 2024  |  Partnerships

Visa and Skipify partnered to streamline consumers’ checkout experience with Skipify’s next-generation digital wallet. The collaboration will enable Skipify customers in a growing number of global markets to...

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