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...
PayPal Finalizes UK Crypto Trading

PayPal Finalizes UK Crypto Trading

PayPal in the U.K. has completed its launch of cryptocurrency trading on the platform to include Litecoin and Ethereum, adding to bitcoin and BitcoinCash, which were rolled out last month, PayPal tweeted on Friday (Sept. 17). Eligible U.K. PayPal users with...

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PayPal raises fees between UK and Europe

PayPal raises fees between UK and Europe

PayPal has announced introducing new fees for payments between businesses in the UK and those in Europe, from November 2021.British businesses will be charged a 1.29% fee for payments from the European Economic Area and vice versa. Most currently pay about 0.5%...

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ReceiptHero Partners With Mastercard, Visa

ReceiptHero Partners With Mastercard, Visa

In a move to accelerate digital receipt adoption across Europe, the Finland-based digital receipt platform ReceiptHero announced on Thursday (Sept. 16) that it is partnering with Visa and Mastercard to provide an alternative to the paper receipt, allowing more...

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Adobe Commerce to Roll Out Payment Services

Adobe Commerce to Roll Out Payment Services

Adobe is adding payment services to Adobe Commerce, a move that will allow merchants to avoid the need to integrate with third-party payment services, according to a press release. Powered by the PayPal Commerce Platform, the services will be available to Adobe...

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Mastercard Predicts 7.4% Holiday Retail Growth

Mastercard Predicts 7.4% Holiday Retail Growth

Mastercard has some early cheer for retailers eyeing the 2021 holiday shopping season, according to a press release emailed to PYMNTS. The financial services giant's most-recent Mastercard SpendingPulse forecast, which is based on sales in a broad range of...

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