Tap To Pay: Apple shakes up the offline POS market Europe Following Google for Android, Apple's Tap to Pay functionality (already live in the U.S.A., Australia, the U.K. and the Netherlands) is now coming to France. By transforming salespeople's iPhones into in-store payment devices, this service raises questions about the future of POS terminals in stores.
Automatic checkouts: Costco wants to step up controls on membership cards Americas Faced with a slowdown in growth (historically up by 16% in 2022 for US$227 billion in net sales, compared to 1.9% in the 3 months to May 2023 for US$52.6 billion in sales),…
In the United States, BNPL is increasingly used for essential purchases Americas According to Adobe, the percentage of online orders paid for with BNPL grew by 14% in 2022 in the U.S.A.…
Carrefour Banque: “The turnover generated by PASS cardholders is 2.4 times higher than other customers” Interviews Between now and 2026, the Carrefour Group has set up an objective to accelerate the digital transformation of financial services. Orli Hazan, C.E.O. of Carrefour Banque since February 2021, presents the initial developments underway and the incoming projects: omnichannel banking, improving the subscription process, improving customer knowledge and BNPL.
How Etam wants to generate additional revenue from in-store returns The underwear retailer Etam (804 stores in 45 countries in late 2022, including 593 fully-owned), whose 90% of sales are generated by stores and 10% online,…
Neil Pein, BNP Paribas : “We will launch SoftPOS as a pilot in Q2 2023” Interviews Axepta, which brings together cash solutions for retailers within BNP Paribas, integrated Floa's fractional payment offerings into customer service offerings in 2022. Neil Pein, Head of Payments Transformation at the group, gives an update on the innovations under development.
France, Spain and Portugal: split payment is more popular than deferred payment According to Floa and Kantar, if payment facilities are growing with a rise of e-commerce, European countries show notable differences. In Germany, the use of deferred payment has tripled in 2022 but Southern Europeans prefer payment in several installments.
BNPL: Dedicated to high baskets, Younited Pay expands in Spain Europe Already present in France and Italy, Younited Pay announced on 9 March that it is expanding into Spain.…
Maisons du Monde: partnering with Alma, the use of credit tripled in 12 months Europe Six months after launching payment in four installments without charge on its website and in store with Alma, Maisons du Monde presented its results at the end of December 2022 at the 1-to-1 conference in Monaco. Lessons learnt: the Web outpaced the level of stores, and the company is developing offers with longer monthly payments to encourage conversion in the face of purchasing power tensions.
“Click to Pay”: Adyen launches a one-click payment solution Payment remains a true challenge for online retailers. According to a PYMNTS study, an online purchase requires an average of 23 clicks.…