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New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets For In-Store Purchases

PYMNTS

One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and pressing keypads touched by many other shoppers. percent reported Walmart Pay usage. percent.

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Visa’s Kevin Phalen: Global SMBs Get Back To Business Optimistic About The Future

PYMNTS

And more than two-thirds of SMBs (67 percent) have launched something to meet that need — whether an eCommerce site or a switch in their point-of-sale (POS) technology to contactless. But Visa’s Kevin Phalen told Karen Webster in a conversation about the Back to Business study that none of that is surprising.

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Deluxe, Fiserv Team On SMB Merchant Solutions

PYMNTS

Deluxe has a new agreement with Fiserv to provide an updated payment platform, which will allow customers to use the Clover point-of-sale (POS) platform, new online and physical payment options, and gift card options, according to a press release. The new product powered by Fiserv will be called Deluxe Merchant Services.

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The Digital Payments Preferences That Cross The Generational Divide

PYMNTS

Companies have had to adjust their inventory management practices, and in many cases amid lockdowns and shutdowns have had to look for alternative vendors. Loyalty programs, he said, should ideally be part of the point-of-sale (POS) experience, whether a transaction takes place at a brick-and-mortar or digital location.

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Closing The Paper Check To Instant Cash Flow Gap For America’s SMBs

PYMNTS

But the past six months have made a huge difference, particularly since it included a global pandemic, a nationwide shutdown of physical commerce and a slow (and highly digital) road to recovery for both consumers and merchants.

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How A Night At A Brewery Sparked A New Touchless Order To Pay Restaurant Experience

PYMNTS

When a customer does an online order, often the ordering system takes the order, takes the payments and hands it off to the point of sale (POS), Robbins explained. However, the workflows are totally different. It’s an efficient way to manage orders for takeout and delivery. The in-restaurant dining experience is different.

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The State Of Main Street In 2020’s Second Half

PYMNTS

That first 60 days of the shutdown was really that critical time when the small businesses in most of the markets had to make a quick pivot and move into this new digital environment if they weren’t already there,” Visa’s Kevin Phalen told Karen Webster in a recent conversation.