Why today, PYMNTS wants you to drink the Kool-Aid, plus, all the payments news you missed last week.

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Sat - August 12, 2017


PayPal Acquires Swift To Expand SMB Lending Options


How To Live Forever In The Financial Services Space


Recurly CEO On How Over-The-Top Services Came Out On Top


New Standards For Authenticating Digital Identity


Macy's Beats, But No End To Negative Comps In Sight


Hertz and Avis Eye Uber Impact, With Rough Road Ahead


Taking A Pass On Passwords


Samsung Takes The #1 Smartphone Spot — As The Apple Machine Spins Up


API As Olive Branch? Silicon Valley Bank Seeks To End FI Rivalry


Why Fatburger Is (Literally) Selling Itself To Consumers


Spin And The Urban Commuter’s Last Mile Problem


Nipton California Goes To Pot, Literally


NEW REPORT: Mobile Platforms Take Personalized Aim At Amazon’s eThrone


Pay By Sound: It’s Back!


xPressTap: mPOS Without The Dongle


First Data 2Q Top Line Beats Street On SMB Momentum


Confectionery Companies: The Other Unintended Casualty Of Self-Checkout


UnionPay's Cashless Headache


Tap To Give To Charity – Yes, It’s A Thyng


Local Retailers, Surviving or Dying in Retail's Evolution?


A Brave New World Of (Push) Insurance Payments


Welcome To Alexa City


The Russian Connection (To Alt Lending Globally)


Western Union’s P2P Partnership Push


Prosper Falls, Uber Gets Credit And Charge-Offs Keep On Climbing


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This Time, We Want You To Drink The Kool-Aid
 

Kool-Aid, despite a 90-year track record of making children happy, has unfortunately become synonymous with what happens when one blindly follows a bad idea. But, after nine decades of success, the drink mix company deserves our collective respect for surprising reasons — and even some that are bewildering. As the nation celebrated National Kool-Aid Day yesterday, we've decided to break from tradition: Contrary to our normal advice here at PYMNTS — today, at least, we really do want you to drink the Kool-Aid.

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What Walmart Pay Knows That Apple Pay Doesn’t
 

The latest PYMNTS/InfoScout mobile payments adoption stats are in — and it’s now pretty clear, Karen Webster says. After nine quarters of asking thousands of consumers why (or why they didn’t) choose Apple, Android, Samsung or Walmart Pay to check out in a physical store, consumers don’t seem that interested in a new way to pay at an old checkout experience in a store. That spells trouble if you’re Apple Pay — here in the U.S. Webster says, and probably in China and India too. But maybe not if you’re Walmart Pay, where usage has, in just one year, comethisclose to levels that it’s taken Apple Pay three years to achieve — but not consistently maintain. We have all of the details (and lots of charts, too).

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