Cart abandonment — when online shoppers select items with the apparent intention to buy, only to leave those items sitting in digital limbo — happens on every eCommerce website, but PYMNTS Intelligence data reveals that it is especially common on brands’ sites. As we detailed...
Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators (PayFacs), and independent software vendors (ISVs) must navigate heightened economic uncertainty and complex regulatory and compliance requirements in their quest...
Digital-first fashion retailer FWRD has debuted a pop-up store powered by checkout tech company Bolt. The Los Angeles-based store, announced in a news release Friday (June 9), will let customers check out items using a QR code, thanks to Bolt’s Checkout Links. First introduced last year, this tool for...
The whole point of buy buttons is to cut to the chase, as it were, for customers who have made up their minds and want to pay. This simple approach has proven effective for merchants and payment methods, suggesting that digital commerce will benefit from...
June 09, 2023
The whole point of buy buttons is to cut to the chase, as it were, for customers who have made up their minds and want to pay. This simple approach has proven effective for merchants and payment methods, suggesting that digital commerce will benefit from its expansion. Exploring this in the PYMNTS study “Buy Button […]
September 14, 2020
Overnight changes in consumer habits are usually rare, with inertia and habit difficult to overcome under normal circumstances. But circumstances have been far from normal this year, making consumers receptive to...
June 11, 2019
In the world of physical retail, finding a product to buy is rather straightforward: People go to stores, find something that suits their needs, pay for it and take it...
April 23, 2019
Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. The mobile app offers low or no-fee checking-like...
December 02, 2024
The Federal Trade Commission (FTC) has ordered online sneaker and apparel retailer GOAT to pay over $2 million to consumers, alleging that the company violated the agency’s rules around shipping practices. In its complaint, the FTC alleges that GOAT did not give buyers the option of cancelling an order in cases in which the goods […]
June 11, 2023
Digital-first fashion retailer FWRD has debuted a pop-up store powered by checkout tech company Bolt. The Los Angeles-based store, announced in a news release Friday (June 9), will let customers check out items using...
March 30, 2023
Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s plan to expand its marketplace...
October 07, 2022
Aiming to offer asset management consulting services both online and in person, Tokyo-based Mizuho Securities and Tokyo-based Rakuten Securities Holdings have announced a strategic capital and business alliance. In the...
