Remove CHIPS Remove Push-to-Card Remove Ubiquitous
article thumbnail

Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

Although the wagons have begun to circle more publicly and more recently on Apple and its payments stance — given the very public lawsuit over in-app purchases — large-scale efforts to challenge Apple’s position on allowing anyone other than Apple access to the NFC chip haven’t gotten much media bandwidth. consumers — 47.2 percent of the U.S.

CHIPS 91
article thumbnail

Wells Fargo Launches Contactless Credit, Debit Cards

PYMNTS

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

article thumbnail

Pushing Onward Toward Push Payments

PYMNTS

In a long-running series, Ingo Money CEO Drew Edwards has delved with PYMNTS’ Karen Webster into the lures and values of push payments, where money is moved directly onto users’ cards and accounts, on demand. Push payments to cards was highly rated given even the newness of the method. What will it take to save the trees?

article thumbnail

Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

article thumbnail

‘One can’t just live in the deposit and debit space, Gen Z will need access to credit at some point in their lives’: Mastercard’s Bunita Sawhney on Gen Z’s debit-to-credit transition

Tearsheet

Join Scott Goodson, CEO, StrawberryFrog, Chip Walker, Head of Strategy at StrawberryFrog, and Zack Miller, Tearsheet’s editor as they dive into the dynamic world of financial marketing and transformation. In contrast, only 39% of Gen Zers frequently use credit cards, compared to 51% among older generations. Go to tearsheet.co/strawberryfrog

article thumbnail

Data Dive, Milestone Edition: Gig Payments, Affirm And Contactless March On

PYMNTS

Gig workers, for example, will likely soon see an upgrade to their payments speed, thanks to a bit of help from their card network friends. Card Payouts is a card-based, front end user experience that integrates with treasury banks’ existing infrastructure. Visa Ups the Pace of Gig Payments. Affirm Affirmed by Investors.

article thumbnail

Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

PYMNTS

Sending money between people, and from businesses and governments to people, got a whole lot more exciting this week – as in real time and ubiquitous. Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. Disbursements.

Bitcoin 43