Checkout news and trends

Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
Payments Innovation // July 15, 2024

Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and offer convenient ways to pay are best positioned to win in the long run. Case in point: digital wallets. The...

Wix Adds New Features Allowing Merchants to Customize Checkout Forms
Checkout Conversion // July 09, 2024

Wix added new editing options that enable merchants to customize their checkout forms. The capabilities provide a more tailored and seamless experience for both merchants and their customers, the company told PYMNTS in an email. The newly added features allow merchants to add custom fields...

Skipify Names Airbnb and PayPal Vets to Top Exec Roles
Personnel // July 09, 2024

Checkout-focused FinTech Skipify has named veterans of Paypal, Visa and Airbnb to two executive positions. Sam Shrauger has been appointed as the firm’s chief operating officer, while Lucy Morse is Skipify’s new vice president of enterprise sales, the company announced in a news release provided...

Computer Vision Checkout Expands Globally Despite Hurdles
Retail // July 08, 2024

Around the world, computer vision checkout is growing, both in terms of its availability and its physical footprint, despite significant cost challenges to making the retail technology worth its while. German grocer Rewe recently announced Europe’s largest-yet computer-vision-powered checkout store, with its new roughly 13,000-square-foot...

Interviews & Exclusives
Trustly Lays Out Vision for Open Banking at Retail

July 16, 2024
Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Christina Potter, head of eCommerce at Trustly, told PYMNTSTV that paying by bank also has benefits for end consumers, tied to a better user experience and better security. We’re not all […]

Payments Modernization Starts and Ends With Customer Preferences

May 23, 2024
Innovation in payments is rarely linear, but it is always impactful.  That’s because staying ahead of the curve within payments and commerce often involves an interplay of technological advancements, regulatory...

Bolt CEO Says Shopper Identity Will Redefine Retail

May 21, 2024
It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage short. Anybody can manage long....

Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space

May 10, 2024
Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their timing. As FIs have struggled...

Quick Reads
Wix Adds New Features Allowing Merchants to Customize Checkout Forms

July 09, 2024
Wix added new editing options that enable merchants to customize their checkout forms. The capabilities provide a more tailored and seamless experience for both merchants and their customers, the company told PYMNTS in an email. The newly added features allow merchants to add custom fields to the checkout form to collect required information from the […]

Skipify Names Airbnb and PayPal Vets to Top Exec Roles

July 09, 2024
Checkout-focused FinTech Skipify has named veterans of Paypal, Visa and Airbnb to two executive positions. Sam Shrauger has been appointed as the firm’s chief operating officer, while Lucy Morse is...

Target Says Time’s Up For Paying With Paper Checks

July 05, 2024
Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its stores later this month, according...

Shopify Acquires Checkout Blocks to Help Merchants Customize Checkout

June 03, 2024
Shopify has acquired Checkout Blocks, a company offering a no-code solution that lets Shopify merchants customize their checkout. Checkout Blocks founder Gil Greenberg announced the move in a Monday (June...