Payment Options

Private-Label Credit Program Builds Customer Base for Build.com
January 25, 2018 at 1:44 pm

As the largest online-only home improvement retailer, Build.com regularly had customers in search of big-ticket items needed to complete home remodels and updates. The challenge for the retailer was that many consumers couldn’t afford to make the purchases without credit, and they ultimately went on to purchase from another retailer that could offer them credit…

Post-Holiday Consumer Spending and Trends
January 22, 2018 at 11:01 am

Since founding my payment technology company, I’ve been living and breathing payments trends in retail. Over the last five years or so, projections have been all over the place: Is Black Friday dead? Is anyone still going to malls? Do consumers feels safe using their credit cards? As of early December, the stock market was…

Taking Payment Friction Out of the Buyer’s Journey
January 9, 2018 at 10:34 am

We’ve all been there. You try to pay by credit or debit card, but you’re told it’s cash only. You’re at the checkout page, but there are so many hoops to jump through you just give up and log off. Or, you try to make an in-app purchase, only to be asked to input your…

Create Loyal Customers By Aligning With Their Financial Interests
December 21, 2017 at 12:35 pm

The entire post-Thanksgiving weekend has become synonymous with big sales and big spending. While all eyes have been on a predicted shift to online shopping over in-store, one crucial detail remains static: consumers are spending. In fact, 2017 is shaping up to be one of the biggest holiday shopping seasons ever. Despite the good news…

Going Global: Catering to Payment Preferences Across Markets
December 4, 2017 at 2:11 pm

There’s more to global payments than the age-old question, “debit or credit?” Interest in alternative payment methods has skyrocketed in recent years, and it doesn’t show signs of slowing down anytime soon. U.S. e-wallet usage surpassed that of debit cards in 2017 and, according to Worldpay’s 2017 Global Payments Report, is projected to increase by…

4 Tips for Holiday Season Success in 2017 and Beyond
November 28, 2017 at 11:31 am

In a mad dash to beat sales goals from the year prior, retailers across the globe are revving the engines of their holiday strategies. According to research conducted by Monetate, 67 percent of companies that don’t hit their multiyear Black Friday average will fail to hit their multiyear rest of the holiday season average. Additionally,…

Macy's Suffers Credit Card Slowdown on Black Friday
November 27, 2017 at 12:31 pm

Macy's confirmed on Friday that it was suffering a credit card slowdown on one of the busiest and most important shopping days of the year. That trouble was resolved by Friday evening. "We have fully resolved today's system issues. We highly value our customers and sincerely apologize for any inconvenience today's system slowdown may have…

Why Mobile Self-Checkout Makes Sense for Retailers
November 27, 2017 at 11:19 am

Paper or plastic? Not too long ago, that was the only checkout question that consumers had to deal with. My, how times have changed. These days, whenever customers head to a checkout counter, they’re likely to deal with a barrage of questions, such as: Did you find everything? Do you have a loyalty card? What’s…

10 Data Points on Younger Shoppers That Matter This Holiday Season
November 7, 2017 at 9:51 am

Move over millennials, Gen Z is taking center stage for the holidays. Pundits agree that this new generation, loosely characterized as born between 1993 and 1999, have been raised on technology — but that’s where consensus ends. One day they are “millennials on steroids,” the next they are “very different in fundamental ways from previous…