PYMNTS

JANUARY 26, 2021

Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to prevent spreading the virus.

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Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

PYMNTS

SEPTEMBER 9, 2020

It also examines how merchants and financial institutions (FIs) are responding and working to enable easy contactless and online purchasing while keeping such card-not-present (CNP) transactions safe. A new report found that 58 percent of merchants now accept contactless cards, compared to the 40 percent that did so in 2019.

Debit Card 64

Debit Card Credit Union Service Organization Point-of-Sale (POS) Contactless Payments 64

PYMNTS

APRIL 21, 2020

In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

MAY 12, 2020

That increased consumer adoption of digital payments will come as merchants continue to turn on their near-field communication (NFC) functionality and point of sale (POS) machines, which can accept those payments.

Credit Union 64

Credit Union Innovation Credit Union Service Organization Point-of-Sale (POS) 64