Today in Retail: Gap Leans on Brands Portfolio
In today’s top retail news, Gap says supply chain issues will likely persist into early next year, while Afterpay is preparing to launch a subscription service for recurring purchases in early 2022. Also, Best Buy is adding to its selection of outdoor furniture...
Debit Cards Seek to Broaden BNPL Ecosystems
Buy now, pay later (BNPL) firms are putting their cards on the table – literally. In recent weeks, tapping into the continued rise of debit spending, some of the bigger names in the BNPL space have begun issuing their own debit cards. Against that backdrop,...
Alternative Payments Drive Cross-Border Sales
The eCommerce market experienced significant growth in 2020 when pandemic-related restrictions made it difficult for consumers to conduct in-person transactions. Na’Imah Muhammad, owner of wig and hair extension retailer Brazilian Bundle Me, said she noticed an...
Customer Satisfaction Fell Without Free Shipping
Merchants have reduced the availability of some online shopping features for customers this year — particularly free shipping — and this left some consumers completing their purchases with a less satisfactory experience. As a result, there’s been a slight...
Customer Satisfaction Fell Without Free Shipping
Merchants have reduced the availability of some online shopping features for customers this year — particularly free shipping — and this left some consumers completing their purchases with a less satisfactory experience. As a result, there’s been a slight...
One-Click Experience Drives BNPL in Europe
Playing in the big leagues. That’s the brand-new reality for buy now, pay later (BNPL) firm Twisto following its acquisition by global Aussie BNPL company Zip. Finalized this month, the deal for $89 million euros (about $100 million) gives the Prague-based...
Booking.com Made Payments a Top Strategic Priority
Question: When is a global travel conglomerate not a simply global travel conglomerate? Answer: When it’s also a FinTech. Discussing new initiatives during the recent third-quarter earnings call, Booking.com CEO Glenn Fogel told analysts that the company had...
PayPal Lays Infrastructure for Connected Economy
In under 24 months, we’ve witnessed the astonishing success of buy now, pay later (BNPL), the meteoric rise of cryptocurrencies and the effects of a devastating pandemic that sped up payments tech by a factor of years, forcing consumers and businesses to...
Adobe Partners With Bolt to Add One-Click Checkout
Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a partnership with Bolt, Reuters reported. If Bolt has seen the retailer’s customer before among its own network...