2020 Contactless Payments Shutdown 
PYMNTS
OCTOBER 5, 2020
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
PYMNTS
APRIL 6, 2020
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.
PYMNTS
JULY 29, 2020
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
PYMNTS
JUNE 27, 2020
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.
PYMNTS
MAY 7, 2020
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
PYMNTS
DECEMBER 31, 2020
Take a look (and have a listen) at our 10 favorite podcasts from 2020. Is 2020 Healthcare’s Year To #KillTheCheck? PayPal] accelerated the efforts around QR codes … because our consumers and merchants are demanding and requesting contactless payments, [but] a lot of payment methods today aren't necessarily contactless,” Jonker said.
PYMNTS
JULY 3, 2020
Small- and medium-sized businesses have been hit hard by the pandemic, but most are scrambling into digital pivots to blunt the impact of physical stores’ shutdowns, Colleen Taylor , executive vice president and head of merchant services at Wells Fargo , told Karen Webster during a recent conversation. A Focus on Contactless Commerce.
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