article thumbnail

Graduating To Faster Payments

PYMNTS

According to a study by Aite Group , most student loan tuition payments are made via electronic check (ACH), followed by debit cards, which are favored by millennials and Gen Yers everywhere. The writing is on the whiteboard: School’s out for paper payments. In Q3 2019, credit card issuer JCB International Co.,

article thumbnail

How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Why Is Adding Mobile Payments Important to Businesses Today? Contactless payments are quickly gaining traction among users, and it’s not just younger generations and tech-savvy consumers. Now, let’s assume you made a choice you’re happy with and have all the equipment and software needed to process mobile payments.