Payments Source

OCTOBER 2, 2019

since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one. For e-commerce only stores the rise in payments fraud attempts has been a deluge.

Chip Cards 122

Chip Cards EMV CHIPS Payments 122

Fintech Labs Insights

SEPTEMBER 28, 2015

This week’s EMV “liability shift” in the United States is expected to be a boon for mobile payments. Not only are we undergoing a massive expansion in number of NFC-enabled terminals, the more time-consuming “chip dip” makes Apple or Android Pay measurably faster than plastic.

EMV 29

EMV Mobile Payments Credit Union Push-to-Card 29

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

Clearly Payments

MARCH 22, 2024

In the landscape of commerce, mobile payments have emerged as a disruptive force, altering the way people engage in financial transactions. As technology advances and consumer preferences evolve, the trajectory of mobile payments promises unparalleled convenience, robust security, and seamless integration into our daily lives.

Contactless Payments 102

Contactless Payments Online and Mobile Banking Mobile Payments Payments 102

PYMNTS

MARCH 31, 2016

This week, PYMNTS, in collaboration with Socure , released the March edition of the PYMNTS.com Digital Identity Tracker TM , featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. Other highlights from the survey include: Only 1.1%

EMV 42

EMV Research CHIPS Addressing 42

Stax

JANUARY 5, 2024

Learn More Recommended Credit Card Terminals If your business needs traditional credit card terminals, consider the following: Dejavoo Z11 – The Z11 countertop terminal has EMV and NFC capabilities built-in, and can accept all modern payment methods , including mobile and contactless credit card payments (e.g.,

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59

Visa CHIPS Chip Cards EMV 59

PYMNTS

AUGUST 25, 2016

From makeup to jewelry, mobile payments are all about accessorizing going into the fall season. In this roundup, Global Payments is providing Bluetooth technology and mobile payment capabilities to Mary Kay Sales consultants; iZettle, the U.K. Let’s check out mobile fashion week. Mary Kay has 3.5

Mobile Payments 43

Mobile Payments EMV Push-to-Card Payments 43

PYMNTS

JANUARY 18, 2021

The card was created in partnership with Mastercard as well as PayCenter and payment services provider petaFuel , the report stated. Infineon will work on managing and issuing the employee ID cards, which will be compliant with the EMV standard for the chip-based payments and readers used around the world, according to the report.

Visa 108

Visa Payments Contactless Payments EMV 108

PYMNTS

MAY 23, 2016

Dick Durbin (D-IL) decided to take on EMV. A statement released by MCX CEO Brian Mooney on May 16, via a PR rep, said that MCX is delaying a nationwide rollout of its CurrentC mobile payments product. As MCX has said many times, the mobile payments space is just beginning to take shape; it is early in a long game.

EMV 43

EMV Mobile Payments Push-to-Card Chip Cards 43

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. Understanding what you want is the hardest part.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

The Payments Association

OCTOBER 4, 2024

Fintech startups, blockchain technology, and the rise of decentralised finance (DeFi) are proving to be worth challengers to traditional card-based payment systems. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g.,

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. So, here’s what you need to know to be trending in payments this week.

EMV 40

EMV CFPB Online and Mobile Banking CHIPS 40

PYMNTS

OCTOBER 25, 2016

Chinese shoppers will have more mobile payment options when shopping in the U.S. The Clover Mini was introduced in 2015 and enables merchants to accept most payment types, including swipe, PIN debit, EMV (chip-and-PIN, chip-and-signature) and NFC transactions. It processes EMV transactions in as little as 2.93

EMV 74

EMV CHIPS Facilitators Mobile Payments 74

PYMNTS

DECEMBER 8, 2016

gas station owners to install EMV chip card readers at the pump. The new deadlines speak volumes about the upgrades needed, and as Visa noted in its own statement on the matter: “Older pumps may need to be replaced before adding chip readers, requiring specialized vendors and breaking into concrete.”

Chip Cards 66

Chip Cards EMV CHIPS Push-to-Card 66

PYMNTS

JANUARY 24, 2019

The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. In fact, in 2015, ICBA Bancard provided more than $800,000 in financial assistance to help its community bank clients prepare for first-gen EMV. Hip Contactless. Let’s break that down a bit.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

Payments Source

FEBRUARY 9, 2017

Mobile is taking the spotlight as fraudsters shift to account takeovers and e-commerce fraud in the wake of EMV chip cards taking hold at the physical point of sale.

Account Takeovers 76

Account Takeovers Chip Cards EMV CHIPS 76

Payments Source

MARCH 29, 2017

restaurants' EMV migration has lagged behind other retail categories for several reasons, including the hassles of replacing centralized payment systems with pay-at-the-table routines that chip cards often require. But another reason: Restaurateurs have other priorities.

Chip Cards 69

Chip Cards EMV CHIPS Innovation 69

Payments Source

JANUARY 31, 2017

The EMV migration includes support for chip cards and NFC contactless payments, giving banks room to compete in the contactless payments market just in time for wearables to take off.

Issuers 60

Issuers Chip Cards Contactless Payments EMV 60

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S. In the U.S.,

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

PYMNTS

OCTOBER 25, 2016

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He said that biometrics could have the potential to remove the need for usernames and passwords, much the way EMV is intended to eliminate the need for cardholders to enter debit card PINs.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

Payment Savvy

JULY 3, 2024

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. Mobile Payments : Includes digital wallets and QR code-based payments. Card-Not-Present Transactions Online Debit Card Transactions : Transactions conducted via online platforms.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

OCTOBER 20, 2016

According to Robert Flynn, managing director of Accenture Payments in North America: “Consumers are content to use cash and plastic for their everyday transactions, and while the use of cash is declining overall, it is the most commonly used form of payment – and consumers expect it to remain so in 2020. Three-quarters of U.S.

Payment APIs and Integration 65

Payment APIs and Integration Online and Mobile Banking EMV Chip Cards 65

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Fintech Labs Insights

AUGUST 15, 2016

Mobile payment infrastructure startup CardFlight announced that it is collaborating with merchant account provider BluePay. Illinois-based BluePay will leverage CardFlight’s point-of-sale solution SwipeSimple to facilitate the launch of its EMV mobile processing offering.

EMV 16

EMV Process CHIPS Mobile Payments 16

PYMNTS

JULY 8, 2016

The onset of the EMV liability shift last October didn’t just make ripples in the U.S. The massive payment infrastructure overhaul, which came with an estimated $8.65 based- payleven and SumUp , two mobile point of sale solution providers, to invest in the U.S. EMV in the US versus Europe. billion price tag, led U.K

EMV 41

EMV Push-to-Card CHIPS Mobile Payments 41

Cardfellow

OCTOBER 26, 2022

Available payment channels include: Ecommerce with QuickClick shopping carts Mail and Phone Payments Brick and Mortar Terminals As necessary, you can also add on mobile payments, electronic check processing, electronic invoicing, and a card vault to securely store customers’ card details for future payments.

Online and Mobile Banking 52

Online and Mobile Banking Gateways EMV Checks 52

Stax

AUGUST 13, 2024

It’s hardly surprising that contactless cards and mobile payments have become a far superior alternative to using cash, swiping/dipping cards, or keying in your card number to make payments. A study by The Harris Poll found that 42% of consumers view tap-and-pay credit cards as the safest form of payment.

Contactless Payments 88

Contactless Payments Payments Cash Management Process 88

PYMNTS

APRIL 6, 2017

Even retailers equipped with mPOS terminals opt not to accept mobile payment, and consumer adoption continues to lag. . Most mobile payments are not offering value to consumers, he said, but providers are now beginning to see the light. But that may be about to change.

EMV 44

EMV Gateways Mobile Payments CHIPS 44

PYMNTS

AUGUST 22, 2016

There was a time when it seemed that ubiquity would become the focal point of full-service and mobile payments systems. Experts believed that universally accepted mobile wallets from trusted companies like Apple or Samsung would dominate the new wave of payments.

EMV 58

EMV Payments Ubiquitous Debit Card 58

PYMNTS

NOVEMBER 14, 2018

The firm described the contactless checkout experience as “simple and secure,” in part due to secure EMV chip technology, and one where tap and pay takes place at readers bearing the “contactless symbol” – and Chase said transactions would be done “often with no signature required.”

Credit Cards 57

Credit Cards NOV Contactless Payments Card Issuer 57

Stax

APRIL 18, 2024

Modern POS systems often come with built-in card readers capable of accepting various payment methods, including EMV chip cards, magnetic stripe cards, and contactless payments (NFC). EMV-compliant terminals are essential to process chip card transactions securely, reducing the risk of fraudulent activities.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

MARCH 7, 2018

TouchBistro, the provider of iPad point-of-sale (POS) software for restaurants, has announced the launch of TouchBistro Payments powered by WePay. Both restaurant owners and customers will experience easier payment processing with the new mobile EMV-compliant payment device for digital, credit and debit card transactions.”.

Instant Payments 40

Instant Payments Process Point-of-Sale (POS) Payments 40

Payment Savvy

DECEMBER 2, 2022

Luckily, advances in payment technologies have paved the way for an improved experience at checkout, and such fast, secure, and convenient payment methods as near-field communication (NFC) entered the game. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Fintech Labs Insights

OCTOBER 16, 2016

PayPal ( F11 ) and Vodafone partner for in-store NFC mobile payments. users to make NFC payments from their PayPal account using their Android phones. It’s been one year since EMV regulation in the United States was placed into effect. Mobile POS company CardFlight ( F13 ) released data on EMV usage in the U.S.

EMV 17

EMV P2P Same Day ACH FinTech 17

PYMNTS

AUGUST 1, 2017

Conversely, merchants can scan QR codes from individuals’ phones and process payment through the Mastercard network, building off of M/Chip technology, in turn based on EMV infrastructure. The process is a simple one, as a consumer scans a QR code displayed at checkout or by a text code entered into a phone.

Visa 41

Visa Online and Mobile Banking EMV CHIPS 41

Clearly Payments

DECEMBER 5, 2023

As we entered the 2010s, the payment industry saw a surge in digital wallets and mobile payment apps. The past decade has been characterized by a focus on enhancing security measures, with the widespread adoption of EMV (Europay, Mastercard, Visa) chip technology.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52