Payments News

On The Web

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Over a third of all Black Friday web sales were made on smartphones

“More than $2 billion of Black Friday sales were done on smartphones this year — blowing past a $1.4 billion record set by last year’s Cyber Monday shoppers, according to an Adobe Analytics report. Purchases made on mobile devices now account for just over one-third of Black Friday’s $6.2 billion in online sales — versus 29.1 […]
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Study: Mobile Empowers Retailers To Catch Shoppers At The Point Of Intent

“Retailers clearly understand shoppers’ interest in more targeted promotions: 77% of executives believe that customers expect them to anticipate their needs by analyzing loyalty, purchase history and brand interaction data. Cutting-edge retailers are leveraging AI to create systems that continuously learn from every visit, ensuring that the shopper is given the most relevant experience possible from the moment they load […]
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Mobile Shopping Is Stalling. Can Your Retail Business Buck the Trend?

“Research group Forrester attributes just 2.5% of total US retail sales to smartphone transactions. 4 It found that while 21% of US adults with a mobile phone purchased physical goods weekly via mobile in 2016, just 16% did so in 2017. 5  Indeed, when using their mobile phones to shop, consumers frequently abandon their carts without making a purchase. […]
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Chat app Line’s mobile payment service is getting its own Visa card

“Brown, Cony and the gang are coming to a credit card near you in Japan. Line, the messaging app company behind the cute sticker characters, announced today that it is bringing its payment service to plastic through a tie-in with Visa. Line is Japan’s largest chat app with an estimated 50 million registered users. The cards will be released later […]
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Restaurants’ Own Apps Command Most Digital Orders, Research Indicates

“Discounts and other loyalty deals help explain the greater popularity of proprietary programs for restaurants, along with a desire among users to customize and streamline orders, NPD says.  Despite this lopsided result, third-party apps account for 40%, or “more than their fair share,” of the top 20 apps ranked by usage, whether third party or restaurant-branded, indicates […]
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Uber Eats Invades Restaurants With Dine-In Option

“Tired of cleaning up after take-out or getting hangry waiting at your table in restaurants? Well Uber Eats is barging into the dine-in business. A new option in some cities lets you order your food ahead of time, go to the restaurant, then sit down inside to eat, a tipster from competing dine-in app Allset […]

On The Wires

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Sam’s Club Files Patent for Next-Level Scan & Go Test

“Since launching our Scan & Go two years ago, we’ve seen its popularity continue to increase. With the upcoming test, we’ll enhance the experience with the launch of a technology using computer vision and machine learning. Rather than having to locate the barcode and scan it just right, the camera in the app will identify […]