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Home Decentralized Finance

Today in Food Tech: Venmo Comes To Supermarkets

by thecvamx
in Decentralized Finance
Reading Time: 2 mins read
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Today in restaurant and grocery tech news, Giant Eagle becomes the first grocery chain in the country to accept PayPal and Venmo payments, while cities across the country begin mandating vaccinations for indoor dining. Plus, Ken Venturi, CEO of prepared foods brand Martha Stewart Kitchen, talks Stewart’s food empire.

Giant Eagle Grocery Stores Become First In US To Accept PayPal, Venmo

The divides between the ways people pay peers, workers and businesses are breaking down, as consumers are increasingly able to use the payment options with which they feel most comfortable wherever they may be. Giant Eagle announced on Friday (Aug. 13) that it is becoming the first United States grocery and convenience chain to take PayPal and its peer-to-peer (P2P) payments platform Venmo in stores.

US Senators Press Amazon On Palm-Recognition Security

Three U.S. senators — two Democrats and a Republican — have asked Amazon to provide details about privacy and security protections for its new Amazon One palm print-recognition system. Amazon One lets customers use their palms to verify their identifies while making purchases at brick-and-mortar retail locations, including Whole Foods and Amazon retail stores.

AMZN vs WMT Weekly: Marketplaces, Groceries And Payments Predictions

Walmart is forging ahead with new efforts to protect its share of consumers’ grocery spend, this week announcing a new partnership with cooking app SideChef that will include five shoppable recipes targeted toward families who have less time to grocery shop with students returning to the classroom.

Martha Stewart Aims to Take on Every Aisle of the Grocery Store

With the 10,000-store rollout of Martha Stewart Kitchen, the brand is in the middle of the “biggest launch maybe ever,” MSK Foods CEO Ken Venturi tells PYMNTS, and the freezer aisle is only the beginning.

Restaurant Roundup: Cities Require Vaccines for Dining, IHOP Gets Boozy

Cities mandate vaccines for indoor dining, Texas pushes back, and IHOP adds alcohol to the menu.

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.

At this time in restaurant and grocery tech information, Big Eagle turns into the primary grocery chain within the nation to just accept PayPal and Venmo funds, whereas cities throughout the nation start mandating vaccinations for indoor eating. Plus, Ken Venturi, CEO of ready meals model Martha Stewart Kitchen, talks Stewart’s meals empire.

Big Eagle Grocery Shops Grow to be First In US To Settle for PayPal, Venmo

The divides between the methods folks pay friends, employees and companies are breaking down, as shoppers are more and more in a position to make use of the fee choices with which they really feel most comfy wherever they might be. Big Eagle introduced on Friday (Aug. 13) that it’s turning into the primary United States grocery and comfort chain to take PayPal and its peer-to-peer (P2P) funds platform Venmo in shops.

US Senators Press Amazon On Palm-Recognition Safety

Three U.S. senators — two Democrats and a Republican — have requested Amazon to offer particulars about privateness and safety protections for its new Amazon One palm print-recognition system. Amazon One lets prospects use their palms to confirm their identifies whereas making purchases at brick-and-mortar retail areas, together with Complete Meals and Amazon retail shops.

AMZN vs WMT Weekly: Marketplaces, Groceries And Funds Predictions

Walmart is forging forward with new efforts to guard its share of shoppers’ grocery spend, this week saying a brand new partnership with cooking app SideChef that may embody 5 shoppable recipes focused towards households who’ve much less time to grocery store with college students returning to the classroom.

Martha Stewart Goals to Tackle Each Aisle of the Grocery Retailer

With the ten,000-store rollout of Martha Stewart Kitchen, the model is in the midst of the “largest launch perhaps ever,” MSK Meals CEO Ken Venturi tells PYMNTS, and the freezer aisle is just the start.

Restaurant Roundup: Cities Require Vaccines for Eating, IHOP Will get Boozy

Cities mandate vaccines for indoor eating, Texas pushes again, and IHOP provides alcohol to the menu.

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: Despite their worth volatility and regulatory uncertainty, new PYMNTS analysis exhibits that 58 % of multinational companies are already utilizing a minimum of one type of cryptocurrency — particularly when shifting funds throughout borders. The brand new Cryptocurrency, Blockchain and International Enterprise survey, a PYMNTS and Circle collaboration, polls 500 executives seems to be on the potential and the pitfalls dealing with crypto because it strikes into the monetary mainstream.

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