Dear Subscriber,

In this afternoon’s top story, Alara Basul takes a look at Amazon’s new store concept, Amazon Go, which is doing away with checkouts, allowing customers to browse and buy with no fuss.

In seasonal news, Barclaycard has found that stressed Christmas shoppers think retailers should be doing more to ease the strain of festive shopping. And Google’s Android Pay is embracing the Christmas spirit with a set of rewards inside Christmas crackers.

Enjoy!

Amazon have recently launched their new in-store innovation service, Amazon Go.

For al the joys of giving your loved ones gifts, the process of buying said gifts is a source of much stress, according to new research from Barclaycard. The card issuer found three quarters (72%) of the British population get stressed while Christmas shopping.

Contactless cards made up 22% of all card transactions in the UK in September, according to the latest figures from the UK Card Association. Payment card spending grew by 0.6 per cent in September to reach £54.7 billion.

Google’s Android Pay is getting into the festive spirit in the UK by introducing some Christmas rewards on its payment app. It also announces better interaction with Transport for London and Uber.

Over half a million people are expected to descend upon the streets of Rio this August to catch a glimpse of athletes like Usain Bolt have a shot at Olympic glory. But payment experts are warning people to be alert to the risk of card fraud.