Klarna Sells Checkout Solution to Eliminate Conflicts With PSPs
Klarna sold its online checkout solution, Klarna Checkout (KCO), to a group of investors led by BLQ Invest CEO and founding partner Kamjar Hajabdolahi. The buyers will assume ownership of KCO on Oct. 1, and Klarna’s payment methods will continue to be offered...
the Connected Economy’s Potential
The 2,000 members of the Marubo tribe were among the most disconnected people on Planet Earth. A people whose roots span many centuries, they live in a part of the Amazon rainforest in Brazil so remote that it is said to take a week or more to travel from one...
Achterafbetaaldiensten scherpen leeftijdscheck aan
ANPNOS Nieuws•vandaag, 12:17Aanbieders van achterafbetaaldiensten als Klarna, Riverty, in3 en Billink hebben hun leeftijdscheck aangescherpt. Dat schrijft demissionair minister van Financiën Van Weyenberg aan de Tweede Kamer. Er zijn al langer zorgen over het...
One-Click Online Payments Coming to Europe by 2030
Mastercard said Tuesday (June 11) that it aims to make the experience of using a card online more like that of using one in store. The company is working to phase out manual card entry for eCommerce by 2030 in Europe, replacing it with a one-click button across...
New payment methods challenge retailers
Today’s retailers must navigate a complex environment of evolving regulations and new payment methods. Credit: Vershinin89 via Shutterstock. Retailers are facing an increasingly complex environment, juggling changing regulations, new payment methods, and...
Only 22% of Shoppers Prefer Payment Options on Brand Websites
Cart abandonment — when online shoppers select items with the apparent intention to buy, only to leave those items sitting in digital limbo — happens on every eCommerce website, but PYMNTS Intelligence data reveals that it is especially common on brands’ sites....
Retail Customers Demand Simpler Checkout Experiences
Shoppers increasingly expect retailers to simplify their checkout processes, as both expert insights and surveys of consumers reveal. In the recent PYMNTS report “What’s Next in Payments: Payments Modernization,” 15 payments and financial services executives...
The End of a Transaction is Just the Beginning: Fostering Engagement, Loyalty and Return Visits at Checkout
To compete today, retailers must develop new and innovative ways to engage their customers and generate more loyalty. Fortunately, the shift toward diverse checkout options and digital receipts has fostered new touch points for retailers looking to make a...
High-Income Shoppers Likeliest to Abandon Carts Online
As shoppers engage with eCommerce channels, high-income consumers prove, perhaps counterintuitively, to be the most likely to ditch their would-be purchases without completing the transaction. By the Numbers The PYMNTS Intelligence report “How Preferred Payment...