Trust Payments Ltd., a payments provider in the U.K., European Union, and U.S. markets, announced it has acquired retail-technology company WonderLane Solutions Ltd. Terms were not announced.In related news, Trust Payments is the first client to go live on a payments platform created by cryptocurrency specialist Ripple Labs Inc. and Moduir Finance …
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What BNPL Means for Retail Payments
It’s the hottest trend in online credit. The rewards outweigh the risks for most consumers and merchants. Buy Now Pay Later (BNPL) is a payment option that allows customers to make purchases at stores and online without paying the complete amount upfront. Similar to the layaway programs of the past, BNPL …
Read More »RetailNOW 2022
RetailNOW® is the retail IT channel’s #1 trade show, education conference, and networking event. This event brings industry leaders, innovators, and channel players together to develop relationships necessary for any successful business. The diversity of attendees and exhibitors allows for the very best in education, thought leadership, and product availability …
Read More »Target Doubles up on BNPL; EMVCo Issues 3-D Secure Update; Retail Spending Increased 5.4%
Retail Spending Increased 5.4% and other Digital Transactions News briefs from 10/6/21
Retail spending, except for automotive and gas, increased 5.4% in September year-over-year, Mastercard Inc. said in its latest SpendingPulse report. E-commerce sales were up 11.5% over last year for the same period.Sila Inc., a fintech software platform, has combined forces with Arcus Inc., a payments-technology firm, to allow businesses to make payments …
Read More »Retailers Favor Apple Pay Over Rivals; MX To Use Pinwheel’s Tech; CapOne Targets False Declines Using Signifyd
More Retailers Offer Apple Pay Than Offer Rivals, Report Finds
A new report based on the practices of 100 retailers finds that Apple Pay is available at more of them—97%—than its chief competitors Google Pay and Samsung Pay. That’s according to the 2021 Omnichannel Retail Index, released Monday by FitForCommerce, a retail consultancy, in conjunction with the National Retail Federation. …
Read More »COMMENTARY: The Post-Covid Silver Lining for Retail Data Commerce
Like a coiled spring, consumer demand is set to explode once social, entertainment, and shopping restrictions are lifted. Retail and hospitality will be the first to benefit as consumers seek to make-up for lost ground. But has Covid left businesses too weak to reap the rewards or has it helped …
Read More »61% Took a BNPL Option in the Fourth Quarter; In SPAC Deal, Circle Valued at $5.4 Billion; June Retail Sales up 11%
June Retail Sales up 11% and other Digital Transactions News briefs from 7/8/21
U.S. retail sales increased 11% in June from June 2020, according to the latest Mastercard Inc. SpendingPulse report. They were up 10.4% compared to June 2019. E-commerce sales increased 8.3% year-over-year and were up 95% over June 2019.Payments provider Paysafe Ltd. launched a program that lets travel businesses accepting consumer payments to use a …
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