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Mobile payments allow customers to pay for purchases using their mobile devices. This can be done through various methods, such as near-field communication (NFC), QR codes, or voice commands. Mobile payments can make the checkout process more convenient for customers and help retailers collect data about customer spending habits.
The last mile is the final leg of the journey for a product, from the fulfillment center to the customer’s door. It is often the most expensive, time-consuming, and critical part of the supply chain. A well-run last-mile operation can ensure that products are delivered on time, in good condition, […]
The article discusses DoorDash’s recent acquisition of Bbot, a QR ordering company, and speculates that it is a step towards the company offering a total restaurant POS (point-of-sale) system. The author believes that DoorDash needs to grow to satiate investors and sees the acquisition of Bbot as a way to […]
It is indeed possible that the online food delivery packaging market is expected to reach a value of US$ 6.6 billion by 2027, with a CAGR (compound annual growth rate) of 10.4%. The online food delivery market has snowballed in recent years due to the increasing popularity of food delivery […]
Segment players may need brand awareness and expanded access points to thrive after a year of dashed expansion plans, closures, and high-profile regulatory infractions. Ghost kitchens, delivery-only restaurants, gained popularity in 2020 and 2021 with significant company funding. However, issues such as low unit volumes, operational difficulties, and permitting problems […]
Inter-city version’s average order value is over Rs 950 – around 2.5 times that of intra-city food deliveries. Currently, 30 percent of the users ordering daily are repeat customers. Zomato plans to expand its inter-city food delivery feature to about 5-10 cities over the next few months but not without […]
Kiosks eliminate the need to roster more staff or hire temp workers during rush hours. With stalls, QSRs will see a sizable contraction in labor costs. Inflation is a rise in prices and a decrease in the purchasing value of money. According to the Federal Reserve, a healthy inflation rate […]
Japan is preparing to issue digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks worldwide is called “central bank digital currency” or CBDC and is used for cashless payments via smartphones or […]
ByteDance has applied for the registration of the “Doupay” trademark, which is classified under the international classification of scientific instruments and website services, and the trademark status is “trademark application pending,” according to Cailian Press, a Chinese online business media start-up. In September, ByteDance gained an online payment license by […]
Adyen merchants can now seamlessly offer customers a way to pay over time with both online and in-store Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading businesses, today announced a partnership with Affirm, a payment method that provides consumers a transparent way to […]
Shopify partnered with the central Chinese digital wallet platform Alipay to expand its payment options for merchants in the United States. The new partnership aims to allow Shopify merchants to accept payments through Alipay from China’s more than one billion annual active users. The hope is to expand this partnership […]