Retail Payments news and trends

42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
Consumer Payments // May 31, 2024

A wide variety of consumers across income levels and ages are showing a preference for paying for purchases with cash and debit cards, likely in hopes of better managing their debt levels. This is just one trend that emerges in PYMNTS Intelligence’s Last Transaction Report,...

77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
Real-Time Payments // October 12, 2023

Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations. Notably, 81% of large retailers identify the payment method as critical for making B2B payments. Despite the broadly shared consensus...

85% of Large Retailers Look to FinTechs for Real-Time Payments Partnerships
Real-Time Payments // September 25, 2023

The allure of real-time payments is not lost on retail giants. Nearly all retailers generating $100 million or more in annual revenues have embraced real-time business-to-business (B2B) payments. Fifty-four percent plan to make more of these payments in the next year. These large retailers value...

Enterprise Retail Warms to Real-Time Payments for Vendors
Real-Time Payments // September 20, 2023

The retail sector increasingly prefers real-time payments for their business-to-business (B2B) payments. Virtually all large firms in this sector used real-time payments at least once in the last year. Real-time payments have a robust growth outlook. Real-time payments already account for 17% of all B2B...

Interviews & Exclusives
What Can Shoppers Buy With Crypto? eCommerce Could Have the Answer

June 19, 2024
As has played out over and over across the payments landscape, end-users ultimately want simplicity. After all, no payment innovation can scale if it isn’t easy and intuitive to use. That has proved to be troublesome for the adoption and utility of cryptocurrencies as a form of payment for everyday goods and services. Many blockchain […]

77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments

October 12, 2023
Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations. Notably, 81% of large retailers...

85% of Large Retailers Look to FinTechs for Real-Time Payments Partnerships

September 25, 2023
The allure of real-time payments is not lost on retail giants. Nearly all retailers generating $100 million or more in annual revenues have embraced real-time business-to-business (B2B) payments. Fifty-four percent...

Enterprise Retail Warms to Real-Time Payments for Vendors

September 20, 2023
The retail sector increasingly prefers real-time payments for their business-to-business (B2B) payments. Virtually all large firms in this sector used real-time payments at least once in the last year. Real-time...

Quick Reads
Banks Consider Adding Zelle to Retail Payments as Alternative to Mastercard, Visa

April 06, 2022
Zelle might be seeing more action from banks in the future, with some of them wanting to add the money-transfer service to the checkout at retailers, The Wall Street Journal reported Wednesday (April 6). Zelle saw a boom during the pandemic as people avoided ATMs and cut out the use of cash in general, favoring […]

GoDaddy App to Offer Mobile QR Code Payments

February 17, 2022
GoDaddy is offering a way to streamline payments for small businesses, both in eCommerce and in person, through QR codes for on-the-go transactions, a press release said Tuesday (Feb. 15)....

UK Regulator Rebrands To Pay.UK, Seeks Payments Partner

October 18, 2018
Pay.UK, the retail payments authority (formerly known as the New Payment System Operator / NPSO), announced on Thursday (Oct. 18) that it has published a Strategic Partner Procurement Prospectus, which...

Innovation Project 2017 Conversation Starters: Can Payments Save Retail?

February 06, 2017
Is retail just the land where shelves are stocked with goods, where salespeople appear at your elbow to inquire about your quest to buy? Is retail the purview of the...