Remove 2020 Remove Contactless Payments Remove Shutdown
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Pandemic Has Consumers Embracing QR Codes And Contactless Payments

PYMNTS

Although the 20-year-old technology has long enjoyed strong adoption in Asia (especially China), 2020 could go down as the year that U.S. Still others have more proactively worked to satisfy consumers and employees by adding touchless payment options that include QR codes. If You Try It, You’ll Like It. Nurturing the QR Code. “We

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New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets For In-Store Purchases

PYMNTS

One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and pressing keypads touched by many other shoppers. For the 2020 report, PYMNTS surveyed more than 5,500 U.S.

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Strong Venmo and QR Code Payments Growth Help PayPal Score Record Q2 Earnings

PYMNTS

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In

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How The Global Pandemic Fast Tracked Mobile Payments In India

PYMNTS

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

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The Pandemic Is Accelerating India’s Move to Mobile Payments

PYMNTS

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

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PayPal Processed More Transactions On May 1 Than On Black Friday

PYMNTS

Disney, for example, reported earlier this week that it has lost roughly $1 billion each day since the start of the shutdown. April 2020 was also a record-breaking month for PayPal in terms of enrollment and use. The first quarter of 2020 also saw payment transactions pickup by 20 percent to 1.2 PayPal added 7.4

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The Unexpected Ways Dining Out Is Evolving

PYMNTS

And thus, as eateries worldwide are reorienting themselves toward the grand reopening of human civilization in the summer of 2020, restaurants have spent the last several weeks getting really inventive when it comes to bringing consumers to their doors. . But what is “normal?”. Really, really inventive.