Marketing

As consumers seek greater value from what they purchase, merchants are responding by diversifying their products and services to know their consumers better and grow sales, research from Square, Block Inc.’s merchant-processing unit, says.   One way merchants are engaging consumers on a deeper level is through subscription services, which …

Students at Loyola University Maryland are the first to use Amazon.com Inc.’s Just Walk Out technology in a Grubhub partnership. The tech enables students, faculty, and staff to shop and walk out with their purchases billed within the app. Funding sources can be a meal plan, account balance, or credit …

Digital wallets continue to find a foothold in payments. The latest entry is BMO Commercial Bank’s debut of Extend, a virtual card service for its app. And startup Tezro launched a digital wallet aimed at integrating banking, payments, and shopping through messaging apps consumers already use. BMO Commercial Bank, a …

OSHA Outreach Courses, which provides workplace training services to employers and employees, said it has added a buy now, pay later option to pay for its instructional offers. Shift4 Payments Inc. has been named the official payment processor for the Cleveland Cavaliers of the National Basketball Association. Shopmium, a cash-back shopping …

Add Sephora, a beauty retailer, to the list of merchants adopting iPhones as payment-acceptance devices in the Tap to Pay on iPhone program. J.P. Morgan Payments says Sephora is its first such retailer to adopt the contactless-payment service, which does not require special hardware to complete a transaction. Announced Tuesday, …

Paysend Group is embarking on a campaign to make its name known among U.S. Hispanic peer-to-peer payments users with an advertising campaign and an offer of fee-free money transfers to Latin America, at least initially. Having opened a U.S. office in 2022, London-based Paysend hopes its advertising campaign, which debuts …

Consumer affinity for in-person transactions that reduce points of contact are taking hold as contactless payments made with debit cards swelled to 16% of the U.S. card-present share last year from 8% in 2021. It’s a similar story with debit cards used with mobile wallets. Their use increased from 5% …

As consumers take on increasing amounts of credit card debt, their satisfaction with credit card rewards and loyalty programs is eroding. That’s according to a report released Thursday by J.D. Power. The decline in satisfaction is being driven by consumers’ perception of the rewards earned per dollar spent, especially among …

Pulse, the debit network owned by Discover Financial Services, released its 2023 debit study that found the total number of debit transactions increased 1% in 2022 over 2021, while dollar volume increased 3% for the same period. Fraud and risk platform DataVisor released its Real-Time Payments Fraud Solution to help counter fraud …

TSG, a payments advisory firm, released a service to help merchant acquirers and software vendors optimize pricing for merchants. Dubbed the Embedded Pricing Tool, it can help acquirers and software vendors get pricing right without over- or under-pricing merchants. Pricing data comes from the TSG database in its Acquiring Industry …