article thumbnail

Alternative Payment Adoption Continues to Rise Across Emerging Markets, Reveals EBANX

The Fintech Times

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies, according to new data revealed by EBANX , the global payment service provider (PSP). Four out of 10 of these people are credit card holders.

article thumbnail

EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers

Fintech Finance

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies. This trend is gaining traction in other countries in Latin America, mainly Colombia (21%) and Argentina (19%), where digital banking expansion and intense fintech activity are pushing card issuance.

Issuers 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Buyers, Suppliers Converge Around Virtual Cards

PYMNTS

Leavitt , founder and CEO of Boost Payment Systems , told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated with writing checks or wiring funds to pay their suppliers are increasingly using commercial credit cards for payment instead.

article thumbnail

What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

article thumbnail

TSYS On How Payments Power Rewards, And Rewards Power Loyalty

PYMNTS

Loyalty has come a long way in the payments realm, from the days when strict terms of rewards programs were more frustrating than enticing for consumers. For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items.

Issuers 76
article thumbnail

Gen Z is leading adoption of new payments. Here’s how BNPL is being affected.

Tearsheet

The evolution in payment technologies and experiences is directly impacted by changes in consumer preferences, particularly among younger generations. To explore these changes and their potential impact on businesses, I spoke with Thomas Priore – CEO, Priority , a company specializing in integrated payments and banking solutions.

BNPL 105
article thumbnail

Stampli Debuts Direct Pay Feature

PYMNTS

That, according to the release, has the effect of avoiding credit card processing fees laid at the feet of the vendors. For example, it will let companies reconcile payments with bank statements, with one withdrawal for each payment related to the invoice. Vendors are your partners, not your enemies.”.