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pymnts | April 15, 2020
In developed countries, the notion of cash on delivery COD is a payments relic borne out of the days of mail order purchases made by phone for which the purchase amount was settled, literally in cash, when the item was delivered to the purchaser’s home. Credit and debit cards, and later, digital wallets, like PayPal, eliminated that friction for the online shopper, kept transactions secure, and reduced the risk from the merchant that items shipped wouldn’t be paid for. In many develo...
pymnts | January 15, 2020
Times Square, one of the most famous places on the planet, where hundreds of thousands of people live, work and visit any given day or night, is losing stores amid ongoing changes in the retail sector, Bloomberg reported on Tuesday (Jan. 14).With more and more shopping transactions conducted online, companies are even willing to concede pedestrian advantages of the iconic New York City location. “Some retail is just antiquated,” said Brett Herschenfeld, manager of the retail unit of ...
pymnts | March 12, 2020
The battle royale for share of wallet between eCommerce trailblazer Amazon and ultra-merchant Walmart rages on, as the latest PYMNTS Whole Paycheck Tracker data shows, with Amazon enjoying an early 2020 lead on the strength of a stellar Q4 earnings report. Contrariwise, the Bentonville behemoth missed analysts’ expectations for Q4 2019, which Walmart CFO Brett Biggs explained thusly: “The holiday season … wasn’t as good as expected due to lower sales volume and some pres...
POS Solutions
Dspread | June 22, 2021
Dspread has today named Metabase Q as its cybersecurity accomplice to help identify and eliminate any potential vulnerability in its POS terminals and payment solutions. “Our innovation in payment solutions has resulted in 6 series of smart and mobile POS terminals, all of which have received certifications from PCI PTS, EMV, PBOC, QPBOC, Mastercard Paypass, Visa Paywave, Amex Expresspay, Visa Ready, TQM, FCC and other international organizations,” said Matata Zhao, Ch...
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