PayPal has entered the flexible payments race launching PayPal Pay in 3, enabling UK businesses of all sizes to offer buy now, pay later payments without taking on additional risk or paying additional fees.
Autonomous vending machines are growing in popularity in these socially distanced times, but for many consumers never having the right change or a pristine enough bank note has often held back their use. Now things are going digital.
The value of transactions processed by smart checkout technologies – that is where the fixed checkout process is replaced by a frictionless model – will reach $387 billion in 2025, up from just $2 billion in 2020, predicts a study by Juniper Research.
Payments provider Klarna is looking to create a swift way for retailers and brands to create a personalised, social shopping experience, with the launch of a new app that sits within a iframe on the retailer’s site.
Ted Baker is consulting staff about making at least 500 redundancies through its ongoing transformation of the business. When the fashion brand announced the transformation in June, it described it as Ted Baker’s response to “the structural transition from physical stores to digital retail”. That transition has accelerated as a result of the Covid-19 pandemic