WU’s real-time digital payments reaches 100 countries, Shipping surcharges dent consumer wallets, Five things retailers can do to drive conversions

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 24, 2020

Subscription Services

Putting Subscriptions On The Menu At Restaurants And QSRs

Why should restaurants, quick-service restaurants (QSRs) and convenience stores miss all of the fun of recurring revenue? Paytronix Co-founder and CEO Andrew Robbins tells Karen Webster that giving them new tech to serve up subscriptions to their customers delivers value well beyond the recurring revenue stream.

 

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PYMNTS TV

On The Agenda: Five Things Retailers Can Do To Drive Conversions This Holiday Season

It’s already a retail season like no other. Citcon USA CEO Chuck Huang, Extend CEO Woody Levin, PAAY CEO Yitz Mendlowitz, Paytronix Systems CEO Andrew Robbins and Greg Lisiewski, PayPal’s vice president of global pay later products, chatted with Karen Webster on a PYMNTS TV episode about five things that merchants can do to boost sales this holiday season and into 2021. Here’s what they said.

 

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Credit Unions

Digital Banking Helps Credit Unions Compete With Larger Banks

Consumers are gravitating toward self-service and mobile banking, and that’s good news for credit unions. Jeremiah Lotz, PSCU’s managing vice president of digital experience and payment products, tells PYMNTS that digital-first experiences can add value for both members and CUs -- depending on the life stages in which individuals find themselves.

 

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PYMNTS TV: Masterclass

Mobile Banking, Credit Drive FinTech Opportunities Beyond The ‘Simple’ DDA

Consumers need multiple types of financial services beyond prepaid cards that sub for simple DDA accounts, with a cool mobile UX, i2c CEO Amir Wain tells Karen Webster. Here’s how he says next-gen issuer processing platforms give FinTechs the tech to deliver the banking and credit needs their customers want.

 

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Virtual Cards 

Being Accountable: Virtual Cards Encourage Spend, Eliminate Hidden AP Costs

Commercial card networks and issuers should view virtual cards as one way to unlock spend that might otherwise not be encouraged with commercial card products. Nick Reid, Conferma Pay’s director of B2B partner development, tells PYMNTS that’s why V-card efficiencies go well beyond just eliminating the cost of processing checks.

 

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Digital Consumer Onboarding Tracker

New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

SMS-based communication is a valuable tool for everything from onboarding verification to customer outreach, but one that just 39 percent of merchants use today. Sam Shames, co-founder and chief operating officer of wearable technology startup Embr Labs, explains the value of using SMS services to authenticate, engage and convert consumers in this month’s Digital Consumer Onboarding Tracker.

 

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What's Hot


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Online Holiday Sales To Jump 30 Pct As Consumer Spending Rises


Shipping Surcharges Dent Consumers' Wallets


New Radio Shack Owner To Turn 'Fallen Angels' Into eComm Stars


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Circle To Pump Aid Into Venezuela Using Stablecoins


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