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Main Consumer Goods & Retail Retailing Banking & Financial Services in Supermarkets 2004
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Banking & Financial Services in Supermarkets 2004

DateFeb, 2004
Pages12
Price / format€43 / Electronic

€43 

Report Information | Custom-Tailored Research | Product Trade Lead


Abstract:
 As supermarkets look to squeeze out every penny, they are increasingly considering multiple avenues:
-Some no longer accept shopper checks for payment because of processing charges.
-Some are issuing proprietary cards good for charging elsewhere and generating loyalty points. Starbucks was the first with a debit/cash card for coffee and credit card in one.
-Some are installing kiosks for additional services, including money orders, cashing pay checks and wiring funds.

Wal-Mart continues to pursue full service banking—a move that could deliver an enormous advantage in transaction processing. Those who look more than a year ahead talk about RFID for payments to further speed checkout and satisfy customers’ desires to carry less cash everywhere.









Table of contents:
 Nationwide decline in use of checks
7-Eleven to expand financial services
Beware of proprietary credit cards
Lowering transaction costs
Wal-Mart....still thinking full service
7-Eleven goes kiosk
RFID payment: soon everywhere
Largest smart card test
Wal-Mart: Cash, gas discounts
Starbucks: credit, loyalty & free coffee
Instore banks imperfect
The Decline & Fall of Cash: Payment habits evolving
The Decline & Fall of Cash: Retailers lead the way




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