News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

CarLotz Opens Hubs Near Seattle And Orlando
CarLotz Opens Hubs Near Seattle And Orlando
February 02, 2021  |  Retail

Consignment-to-retail pre-owned vehicle marketplace CarLotz said on Tuesday (Feb. 2) that it has opened centers in the Orlando, Florida and Seattle, Washington areas, according to...

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Nonprofits, Charities Move Online To Offset Nonexistent Live Galas, Improve Experience
Nonprofits, Charities Move Online To Offset Nonexistent Live Galas, Improve Experience
February 02, 2021  |  Digital Payments

Americans are pretty generous, and that can be proven. The COVID-triggered financial calamity sank charitable giving early on. Then, as PYMNTS reported in Q3 2020,...

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Uber Acquiring Booze Delivery Startup Drizly For $1.1 Billion
Uber Acquiring Booze Delivery Startup Drizly For $1.1 Billion
February 02, 2021  |  Acquiring

Uber is acquiring the digital alcohol delivery service Drizly for $1.1 billion in stock and cash, CNBC reported on Tuesday (Feb. 2). Once the deal...

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New Study: Credit Cards Lose None Of Their Luster Despite Debit’s Drive
New Study: Credit Cards Lose None Of Their Luster Despite Debit’s Drive
February 02, 2021  |  Credit Cards

For all the harm caused by the COVID crisis, one clear winner to emerge from the mess is debit. Consumers have turned to debit in...

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Deep Dive: How Real-Time Account-To-Account Payments Ease AR And AP Pains
Deep Dive: How Real-Time Account-To-Account Payments Ease AR And AP Pains
February 02, 2021  |  B2B Payments

Businesses are struggling to find cost-effective ways to transact with one another during the pandemic-induced economic slump. Slow-moving payments and sluggish, error-prone reconciliation processes have...

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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday
Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday
February 02, 2021  |  SMBs

Visa, which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer...

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The Swedish Trade Federation On Why FI Collaboration Is Key To Instant Payments Ubiquity
The Swedish Trade Federation On Why FI Collaboration Is Key To Instant Payments Ubiquity
February 02, 2021  |  Disbursements

More than 70 percent of Swedes use the country’s mobile payments service, Swish. But markets eyeing the nation’s model as a blueprint for their instant...

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The Furniture Market Embraces A Hybrid B2B Commerce Model
The Furniture Market Embraces A Hybrid B2B Commerce Model
February 02, 2021  |  B2B Payments

The B2B commerce arena is moving online at record speed as more business buyers seek to procure products and services the way they do in...

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FinTech Mobilizes To Repair Construction’s Biggest B2B Payment Pains
FinTech Mobilizes To Repair Construction’s Biggest B2B Payment Pains
February 02, 2021  |  B2B Payments

Net terms are a staple in the B2B payments arena. Although the concept is designed to support greater control over cash flow — especially for...

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