PaymentsNews

On The Web

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Domains

How Robots and Drones Will Change Retail Forever

“We are in the early days of what might be called the “physical cloud,” an e-commerce ecosystem that functions like the internet itself. Netflix caches the movies you stream at a data center physically close to you; Amazon is building warehouse after warehouse to store goods closer to consumers. And the storage systems at those […]
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Companies

Stripe built a payments powerhouse by focusing on e-commerce. Now it’s following its customers into bricks and mortar.

“The San Francisco-based upstart, founded in 2010 by brothers Patrick and John Collison, is hoping to make a big splash into brick-and-mortar retail next and is unveiling a new product called Stripe Terminal that it believes will take it there. The new offering, fueled by the acquisition earlier this year of a software startup called Index, […]
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Domains

Site Outages Plague Walmart, J.Crew, Lowe’s, Best Buy, Office Depot During Black Friday Weekend

“Despite retailers having all year to prepare for the deluge of online shoppers on Thanksgiving weekend, some of the industry’s biggest players experienced web site outages throughout the weekend. Shoppers at Walmart, J.Crew, GameStop, lululemon, Ulta Beauty, Lowe’s, Best Buy and Office Depot all reported outages during the period between Wednesday and Cyber Monday, and these unhappy would-be buyers wasted no time highlighting the issues on […]
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Domains

The Five Most Challenging Parts Of E-Commerce Checkout

“Stated plainly, even when a shopper has a full cart and plans to complete the purchase, there’s still a significant chance that a merchant could lose that transaction. Here’s the simple truth: checkout is incredibly difficult to do right. One snag results in the same stark outcome: a lost sale. Merchants need not despair: Simply being […]
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Domains

Using a selfie to verify your online card payment – the technology is here

“Mastercard is hoping its Identity Check solution will become the technology of choice for banks looking to meet new requirements for verifying identities online as set out in the (Revised Payment Service Directive) (PSD2) legislation. The technology, which has been developed in part at the Mastercard Labs facility in Leopardstown, enables users to use biometric identifiers […]

On The Wires

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Domains

BigCommerce Adds Support for Venmo and Masterpass to Help Merchants Deliver on Consumer Checkout Demands

“More than $35 billion in transactions were processed through Venmo in 2017 alone3. BigCommerce merchants using Braintree can now present a more intelligent personalized checkout experience, providing customers the option to choose from multiple payment options, including Venmo and PayPal Credit. When shoppers have Venmo enabled as a payment method on their mobile devices, it […]
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Domains

BlueSnap Expands Local Payment Processing Capabilities to the Australian Market

“BlueSnap, an online payments technology company, announced today the addition of local payment processing to its All-in-One Payment Platform for B2C and B2B businesses with customers in Australia. With a single connection to the All-in-One Payment Platform, BlueSnap allows businesses to process payments domestically, avoid costly cross-border fees and gain better conversion rates for increased revenue. They […]