POS and Retail

Firms such as Afterpay that offer financing to shoppers have been enjoying rapid growth. But their model is under scrutiny from regulators, being mimicked by credit card lenders and faces heightened risks in a downturn.

Alibaba Group Holding Ltd.’s parcel and meal delivery arms have returned to pre-coronavirus outbreak staffing levels, the latest example of how China’s largest corporations are getting back to work after Beijing’s entreaty to safeguard economic growth.

In announcing plans to export Just Walk Out to other retailers, Amazon rattled the emerging autonomous checkout industry and raised questions about its ability to amass even more data than it already has about consumer consumption patterns.

The credit card issuer is seeking to rebound following a tumultuous year in which top executives departed and key retail partners declared bankruptcy.

For the past decade, the drive for modern restaurant point-of-sale terminals and software has turned into a highly competitive race seeking new looks and ideas.

Coronavirus, also called Covid-19, is wreaking havoc on the stock market, with a heightened effect on the travel industry. It could also cause a drastic change in payment habits, as consumers shift to digital channels to reduce their risk of infection from handling cash.

The U.K.’s Co-operative Group is creating a new model for online grocery shopping by using its network of convenience stores as local distribution centers.

It’s an odd, and unwelcome, test of new retail technology that allows consumers to shop with minimal interaction with others.

Fiserv completed a PIN on Mobile transaction using only an app on a consumer grade handset, and plans to pilot the technology in Europe and Asia.

Square is adding to its menu of services just as long-established competitors embed expanding payments technology into their own product mix.