PYMNTS

MAY 17, 2017

EMV chip technology, virtual shopping security and contactless payments are making it easier than ever to spend money. For customers still paying with plastic, here’s what’s possible (or will be soon) – by the numbers: 70 | Percentage of financial cards with a chip embedded.

CHIPS 40

CHIPS Chip Cards EMV Contactless Payments 40

PYMNTS

APRIL 13, 2018

That’s why he said Cascade aims to help companies through the whole process, not just make them a chip that is capable of powering contactless payments. Wearables can be used to make payments at almost any terminal that can accept a chip card, but today, the contactless function may or may not be turned on.

Contactless Payments 43

Contactless Payments CHIPS Chip Cards Credit Cards 43

Stax

NOVEMBER 6, 2023

Instead, they can tap their mobile devices against supporting POS terminals to process their payments securely and efficiently by way of a digital wallet. Why Is Adding Mobile Payments Important to Businesses Today? What Can You Do to Adopt These Mobile Payments Solutions?

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

AUGUST 9, 2017

Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. It’s as encrypted as an EMV chip card, yet can be processed in under two seconds.

Consumer 80

Consumer Point-of-Sale (POS) Chip Cards CHIPS 80

PYMNTS

SEPTEMBER 19, 2016

Part of that deployment reluctance on the part of the merchant, said Gumbley, can be traced to the vagaries of the consumer experience, where transaction times using chip cards can last anywhere from a few seconds to “multiple 30-second increments,” a range that can be disconcerting and confusing.

EMV 78

EMV Chip Cards CHIPS Issuers 78

PYMNTS

MAY 4, 2018

Octopus Cards Limited recently introduced a new feature to its Octopus App for Business that enables the merchants operating these stalls to accept contactless payments made with customers’ Octopus cards or products. Small merchants in the Middle East and Africa may soon get new contactless capabilities, too.

Contactless Payments 40

Contactless Payments Chip Cards EMV CHIPS 40

Stax

AUGUST 13, 2024

It’s easy to implement contactless payments if you are working with a payment provider who offers the service. Touch to pay (also called tap to pay or touchpay) payment services allow you to make a payment simply by tapping your card, wearable device, or smartphone on a contactless payment terminal.

Contactless Payments 88

Contactless Payments Payments Cash Management Process 88

PYMNTS

AUGUST 2, 2018

But the role that transit is playing in Apple Pay’s growth does indeed reflect how contactless payments are finally finding homes in more U.S. Let’s just take one example, that of New York City, which provides a strong and recent example of the promise and pitfalls of tying transit to contactless payment technology.

Contactless Payments 40

Contactless Payments Chip Cards Push-to-Card CHIPS 40

Payment Savvy

JULY 3, 2024

Types of Debit Card Processing & Technologies Card-Present Transactions PIN-based Debit Cards : a debit card transaction where the customer enters a PIN for verification. Signature-based Debit Cards : Transactions verified by the customer’s signature.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

APRIL 18, 2024

This technology enables merchants to conduct transactions on the go, typically with both mobile wallet solutions like iOS’ Apple Pay, as well as tap-to-pay, magstripe, and chip cards like American Express, Visa, and Mastercard. This technology is also available for Apple Watch users.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

JANUARY 5, 2024

Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? A credit card terminal is a device commonly used by businesses to handle credit and debit card transactions. They can also take contactless payments from mobile wallets.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

EBizCharge

AUGUST 30, 2024

Assessment fees Assessment fees are relatively small but consistent fees charged by credit card networks like Visa, MasterCard, American Express, and Discover. For instance, integrating a payment gateway that optimizes interchange fees or software that automatically updates credit card information can lower costs.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

PYMNTS

JANUARY 24, 2019

million payment cards, Giorgio said. The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. Hip Contactless. She noted that, ever since EMV chip cards were introduced in the U.S., Let’s break that down a bit.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

PYMNTS

JUNE 7, 2017

UnionPay mobile QuickPass supports NFC contactless payment with UnionPay chip cards, smartphones and wearable devices. In May, Mastercard, UnionPay International and Visa introduced a standardized QR code for payments, accelerating Thailand’s transition to a cashless society.

Chip Cards 41

Chip Cards Visa Contactless Payments On-Demand 41

PYMNTS

SEPTEMBER 30, 2016

Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. Not surprising, since there are more than 700 million chip cards in circulation in the U.S.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

Fintech Labs Insights

OCTOBER 16, 2016

Jack Henry began offering P2P payment capability in 2005 and expects the new method to boost usage. Sberbank ( F16 ) and MasterCard ( F11 ) partner to launch ApplePay in Russia. Starting this week, Mastercard cardholders in Russia can now pay using ApplePay , thanks to a new partnership between Russian bank Sberbank and Mastercard.

EMV 17

EMV P2P Same Day ACH FinTech 17