Payments News

On The Web

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Domains

Record Gain in U.S. Retail Sales Offers Hope of Faster Recovery

“American consumers are getting their groove back as a record surge in May retail sales offered some hope of a quicker recovery from the pandemic-induced recession. The 17.7% advance from the prior month, to $485 billion in receipts, was the biggest gain in data going back to 1992, following unprecedented declines in the prior two months, according […]
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On The Wires

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Companies

Mastercard Research Shows Surge in Digital Payments As E-commerce Reaches New Heights Around the World

“The way we shop is changing. With constraints imposed on our daily lives due to COVID-19, consumers are adopting new payment habits at an accelerated pace, according to a global study by Mastercard conducted in 15 markets. Consumers are increasingly moving away from cash and opting for contact-free and digital payments experiences – and they […]
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Companies

Voice Grocery Shopping: the New E-commerce Grocery Experience Launched by Carrefour and Google in France

“Carrefour and Google are launching in France a new voice-based e-commerce grocery shopping experience within the framework of their strategic partnership signed in June 2018. As the first retailer in the world to offer its customers the new integrated voice shopping service on the Google Assistant, Carrefour continues to build on its multichannel offering. Based […]
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Companies

Stripe Launches Products to Support Platforms Powering the Economic Recovery

“Now, platforms powered by Stripe have access to an enhanced toolkit to help their own customers adapt to a fast-changing economic environment. By giving customers more control over their subscriptions and more options to pay with international bank debits, platforms can use Stripe’s infrastructure both to improve their end-customers’ experience and increase their own bottom […]
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Domains

Merchant Transaction Volume Continues to Grow

“Shift4 Payments, the leader in integrated payment processing solutions, has revealed that merchant transaction volume continues to increase across the country despite surging cases of the novel coronavirus. In the third of a series of updates since the pandemic began to impact the United States, the data suggests that businesses are finding ways to drive […]
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Domains

Wix Launches Extended eCommerce Solution

“Wix.com , Ltd., the leader in website creation, announced today the launch of an extended eCommerce solution . The new Wix eCommerce solution provides merchants, entrepreneurs and retail brands of all sizes must-have features like customizable branded storefronts and carts, multi-channel sales, hassle-free dropshipping, native payment processing at competitive rates with Wix Payments, professional analytics […]
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Domains

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

“E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital channels and cards. Today, American Express, Discover, Mastercard and Visa announced […]
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Domains

Announcing New Commerce Eligibility Requirements

“Today, we’re announcing new Commerce Eligibility Requirements that expand access to Instagram Shopping to more types of businesses, including creators, so they can connect with shoppers and sell their merchandise on Instagram. Whether you are a candle business making a foray into e-commerce, a musician selling merchandise, or a food blogger expanding into your own […]