85% of Merchants Say Fraud Tools Must Reduce Checkout Friction

Merchants fighting fraud increasingly face a strategic challenge that extends beyond blocking criminals. The real task is protecting revenue while keeping checkout smooth for legitimate customers. A new PYMNTS Intelligence report suggests...

Survival vs. Splurge Defines the New Consumer

The most endangered species in retail isn’t brick-and-mortar. It’s the mid-market shopper share of wallet. Findings in the March edition of the PYMNTS Intelligence “Share of Wallet: Amazon vs. Walmart” report reveal that modern consumer is...

Walmart Shuts Down Agentic Commerce With OpenAI

Walmart is pulling back from OpenAI’s Instant Checkout feature inside ChatGPT after internal data showed conversion rates were roughly three times lower than transactions completed on its own website, as reported by Wired. The shift marks an...

Visa Says Login Isn’t Enough as AI Enters the Checkout Flow

There’s an innovation race growing over digital identity. On one hand are banks and merchants that have traditionally been reliant on tools like passwords, one-time passcodes, biometric selfies and voice checks to power online...

Shopify’s USDC Integration Paves Path for Crypto Adoption

Merchant friction and user confusion are two big barriers holding retail stablecoins back. Or is it user friction and merchant confusion? Regardless, the success of stablecoins as a payment mechanism across eCommerce is increasingly coming...
Instant Checkout Satisfies Consumer Demand

Instant Checkout Satisfies Consumer Demand

Though it’s still a work in progress, instant checkout’s appeal is undeniable. Emily Foshee, vice president of core products at Discover® Global Network, said unattended checkout is gaining steam in brick-and-mortar settings and will gain speed, so to speak,...

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One-click checkout increases spending and engagement

One-click checkout increases spending and engagement

Newswise — You’d probably guess that simplifying the checkout process at an online retailer will lead customers to buy more. The question is: How much more? New Cornell research shows that after signing up for an online retailer’s “one-click” checkout service,...

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Battle over expected Durbin bill ensues

Battle over expected Durbin bill ensues

The National Association of Federally-Insured Credit Unions took a shot at legislation expected to impose new restrictions on credit card transaction processing before it’s even been introduced. The association, which represents not-for-profit credit unions...

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Ondernemer wisselt regelmatig van PSP – FM.nl

Ondernemer wisselt regelmatig van PSP – FM.nl

15 februari 2023 De Redactie MKB-bedrijven beperkt trouw aan payment service provider. 59 procent van het MKB wisselt elke twee tot drie jaar van payment service provider (PSP). Dit blijkt uit onderzoek van de bank Banking Circle onder 300 retailers in het MKB....

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