Nearly Half of US Merchants Prioritize One-Click Checkout
U.S. eCommerce merchants are increasingly pressing their payment service providers for technology upgrades, with the primary objective being boosting conversion rates, a direct impact on their bottom line. The PYMNTS Intelligence report “U.S. Merchants Want...
Why AI-Driven Retail Could Fix eCommerce’s Cart Abandonment
Highlights Online shopping is outdated and ineffective compared to in-store experiences, and AI must humanize digital retail by offering guidance like a knowledgeable salesperson. Rezolve’s Brain Suite uses a proprietary language model to combine product...
Visa Powers AI Agents With ‘Intelligent Commerce’ Payment Rails
Highlights Visa is launching “Intelligent Commerce,” a suite of integrated APIs and a partnership program, to enable AI platforms and developers to incorporate payments directly into the commerce journey. The system allows users to securely upload...
Target has not changed its self-checkout policy, retailer says, despite recent reports about ‘shrink’
Target Corp. is pushing back on media reports this week that it has changed its policies around self-checkout technology in response to shoplifting or customer dissatisfaction. A number of news outlets reported over the weekend and yesterday that the retail...
CE 100 Index Shrugs Off Concerns Over Consumers, Surges 3.2%
Highlights The CE 100 Index saw broad positive movement, gaining 3.2% over the week, with all 11 tracked pillars advancing. The "Live Segment" which rose 5.7%, propelled by Stride's shares surging over 13% following robust revenue growth. Visa...
4 Ways to Improve Ecommerce Mass Merchant UX – Baymard
Key Takeaways Mass Merchant UX must help users understand how the site is laid out, how to choose between available products, and when to expect their products Failure to do any of these makes the site more difficult to use, and, worst case, causes site...
Acquirers Turn to Tokens to Tackle Fraud, Streamline Payments
In the report “Bridging the Gap: Helping Acquirers Meet Evolving Merchant Demands,” a joint effort between PYMNTS Intelligence and Visa Acceptance Solutions, we found that “unified” commerce can improve interactions between merchants, acquirers and consumers....
Splitit Eyes Wallets, Orchestration in Merchant-Customer Dynamics
Highlights FinTechs are expanding their service offerings to meet the evolving demands of merchants, issuers and consumers. Splitit provides an installment option that uses the consumer’s existing credit card limit, not loan-based options, which can empower...
Processors Are Leaning Into the Platformization of Payments
Highlights Payments are becoming part of broader, customer-centric experiences, with value-added services (VAS) like fraud tools, analytics and seamless interfaces now critical. Companies like Worldpay are offering turnkey VAS and collaborating with third-party...