The Fintech Times

AUGUST 19, 2024

As consumers in the UK and beyond continue to turn to credit and debit cards as their first payment method, more and more also find themselves in debt, according to new findings. The data comes from UK Finance , the collective voice for the banking and finance industry, which has released insights into card spending in the UK.

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Credit Cards Contactless Payments Finance Debit Card 64

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method. What Is Debit Card Processing?

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Debit Card Process PCI DSS Processors 52

Finextra

AUGUST 7, 2024

Users of Google's new kid-focused smartwatch will be able to connect a debit card from Greenlight Financial Technology for contactless payments.

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Debit Card Contactless Payments Technology Payments 111

NFCW

JANUARY 16, 2024

The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.

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Contactless Payments Research Consumer Central Bank 89

Payments Source

OCTOBER 7, 2019

Contactless payment transaction volume is soaring in Canada to the point where total credit card transaction volume is edging out debit card transactions for the first time because many consumers are using credit cards to tap and pay.

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Contactless Payments Credit Cards Debit Card Volume 98

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology.

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Debit Card Contactless Payments Mobile Payments Payments Tools 92

Fintech News

AUGUST 12, 2024

Network for Electronic Transfers ( NETS ) has unveiled NETS SoftPOS , a new payment solution that allows merchants to accept contactless payments using their Android smart devices. This eliminates the need for traditional payment terminals, offering a more cost-effective and flexible payment option.

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PYMNTS

APRIL 10, 2019

With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 locations, per reports last year.

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Contactless Payments Point-of-Sale (POS) Debit Card Payments 103

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. billion transactions with their debit cards, which is a jump of 8.9 billion card transactions, both debit and credit, made in July, an increase of 5.7

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Contactless Payments Debit Card CHIPS Credit Cards 58

Stax

JULY 9, 2024

The adoption of digital payment systems in the US has grown, with 78% of consumers using at least one type by the end of 2020. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. What makes contactless payments unique?

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Digital Payments Online and Mobile Banking Contactless Payments Payments 163

The Fintech Times

JULY 24, 2024

The data comes from the latest Payment Markets Report by UK Finance , produced in collaboration with Accenture , the global professional services company. Debit cards remain on top As expected, debit cards remain the most popular payment method in the UK, accounting for 51 per cent of all payments made in 2023.

Online and Mobile Banking 59

Online and Mobile Banking Contactless Payments Debit Card Payments 59

Fintech News

SEPTEMBER 3, 2024

Parents must open the account via their own OCBC Digital app, and children will receive an OCBC MyOwn Debit Card with customisable designs. The account allows children to make digital payments, such as scanning QR codes or using PayNow, and make contactless payments with their debit cards.

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Fintech Finance

JUNE 18, 2024

Within this total: The number of contactless debit card transactions (1.364 billion) was 5.3 The number of contactless credit card transactions (225 million) was 9.3 per cent higher than March 2023. per cent higher than March 2023.

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Debit Card Credit Cards Contactless Payments CHIPS 98

Fintech Finance

JUNE 25, 2024

Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhone, with no additional hardware needed. Tap to Pay on iPhone enables merchants to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets.

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Contactless Payments Debit Card Encryption Security 97

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. billion transactions with their debit cards, which is a jump of 8.9 billion card transactions, both debit and credit, made in July, an increase of 5.7

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Fintech Finance

MAY 29, 2024

Nexi , the European PayTech, now enables merchants in Italy to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone, and will continue to expand the availability of Tap to Pay on iPhone to its customers in Europe where the service is available.

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Contactless Payments Debit Card Digital Payments Security 52

The Fintech Times

APRIL 21, 2024

BNP Paribas introduces Tap to Pay on iPhone, enabling French retail customers to accept in-person contactless payments using Apple’s technology, offering compatibility with CB, Visa and Mastercard.

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Debit Card Contactless Payments Visa Payment Networks 64

Fintech Finance

APRIL 18, 2024

Tap to Pay on iPhone enables businesses large and small to seamlessly and securely accept in-person contactless payments with Apple’s contactless payment acceptance technology. Tap to Pay on iPhone enables customers to use a payment solution that is easy to set up and use.

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PYMNTS

MAY 21, 2019

Mastercard announced Tuesday (May 21) that using Mastercard token services, commuters can add a card purchased through the Hop Fastpass App to Apple Wallet and tap their iPhone or Apple Watch to get on board public transportation. Riders no longer had to wait on line at a ticket machine or make a trip to the store to purchase a pass.

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Contactless Payments Visa Payments Debit Card 69

Fintech Finance

MAY 24, 2024

Apple launched Tap to Pay on iPhone in Canada, empowering millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments. Tap to Pay on iPhone works with contactless credit and debit cards from leading payment networks, including American Express, Interac, Mastercard, and Visa.

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Contactless Payments Debit Card Small Business Encryption 52

The Paypers

MARCH 20, 2020

The Interbank Card Center (BKM) has observed that contactless payments via credit and debit cards have soared across Turkey in February and March 2020.

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Contactless Payments Debit Card Payments 37

Fintech Finance

MAY 2, 2024

Two PayFac partners, Fullsteam and Autobooks, have launched the new service from Worldpay, which allows their merchants to use an iPhone to securely accept contactless payments including contactless credit and debit cards, Apple Pay and other digital wallets—no additional hardware needed.

Debit Card 52

Debit Card Contactless Payments Payments On-Demand 52

PYMNTS

NOVEMBER 16, 2020

Customers will be able to pay for the transactions by drawing against balances in PayPal or Venmo accounts or by drawing on bank accounts, debit cards or credit cards linked to a PayPal or Venmo account. Loyalty program discounts will be automatically applied to purchases at the time of sale. The partnership.

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Venmo PayPal Contactless Payments Debit Card 105

Fintech Finance

MAY 29, 2024

UK-based payments company myPOS has enabled Tap to Pay on iPhone for businesses in Italy. No additional hardware or payment terminal is needed. The customer needs only to tap a contactless payment method like a contactless debit or credit card, Apple Pay, or another digital wallet to complete the transaction.

Contactless Payments 98

Contactless Payments Debit Card On-Demand Credit Cards 98

Payments Source

MAY 11, 2020

In announcing its plan to offer a deposit account and debit card in partnership with SoFi, the mobile phone maker suggested that the coronavirus pandemic will accelerate consumers’ adoption of contactless payments.

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Debit Card Contactless Payments Deposit Account Consumer 73

NFCW

JUNE 25, 2024

Apple’s Tap to Pay on iPhone softPOS technology is now live in Germany, Apple has announced , enabling merchants across the country to accept contactless payments on their mobile phone with no additional hardware required.

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Debit Card Contactless Payments Encryption Privacy 73

PYMNTS

OCTOBER 15, 2019

Today in the payments news roundup, UK Finance data indicates that contactless payments in the country continue to grow. UK Contactless Payments Grow 18 Pct. New UK Finance data indicates that contactless payments in the country continue to grow, encompassing nearly 50 percent of all debit card payments.

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Contactless Payments Debit Card Payments On-Demand 46

Neopay

JUNE 24, 2024

Within this total: The number of contactless debit card transactions (1.364 billion) was 5.3 The number of contactless credit card transactions (225 million) was 9.3 per cent higher than March 2023. per cent higher than March 2023.

Debit Card 52

Debit Card Credit Cards Contactless Payments CHIPS 52

PYMNTS

DECEMBER 17, 2018

In a press release, the companies said that Mastercard and BLIK will provide consumers and merchants with contactless payments for BLIK users at all Mastercard-branded payment terminals across the globe.

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Contactless Payments Visa Debit Card Cross-Border 49

The Paypers

OCTOBER 14, 2019

(The Paypers) Contactless payments accounted for half of all debit card transactions in July 2019 in the UK, according to UK Finance.

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Debit Card Contactless Payments Payments Finance 28

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. customers already have access to PayPal debit cards. Visa has already built the contactless payments infrastructure. Although there is no immediate plan to release the debit cards to the public, a plan is in the works.

Debit Card 50

Debit Card PayPal Online and Mobile Banking Contactless Payments 50

PYMNTS

SEPTEMBER 7, 2018

We are excited to work closely with this property to bring our vision for a contactless payments future to life.”. The event will have contactless-enabled vending machines that will feature items from designers such as Venessa Arizaga, Neely & Chloe, and Rebecca Minkoff.

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Contactless Payments Point-of-Sale (POS) Debit Card Payments 49

PYMNTS

JUNE 16, 2020

The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. . Most respondents, 82 percent, view contactless as the cleaner way to pay.

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Mobile Payments Contactless Payments Debit Card Visa 79

Stax

MARCH 14, 2024

Currently, in the United States, most credit cards are chip and signature, while most debit cards are chip and PIN. Like magnetic strip credit cards, you sign for a purchase when using a chip credit card. When using a chip debit card, you enter a PIN just as you did with your magnetic strip debit card.

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Chip Cards CHIPS EMV Debit Card 88

Clearly Payments

APRIL 20, 2024

It is structured into multiple sections targeting specific aspects of payment processing and merchant services for debit cards and credit cards. What is the Canada Payments Code of Conduct? Another point of debate is about the provisions related to contactless payments and the use of mobile payment platforms.

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Processors Debit Card Payments Credit Cards 105

PYMNTS

NOVEMBER 2, 2016

For banks and retailers, there is a fine line between making people’s use of credit and debit cards as painless as possible and protecting individuals’ financial details from swindlers. Contactless credit cards have seen a slow rate of adoption in the U.S., That is up from 25 million units in 2015.

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PYMNTS

NOVEMBER 5, 2020

Marraccini said retailers that offer installment payments can see “huge conversion, plus I’m still relevant to my consumers and not going to be a dinosaur.”. QR Codes, Mobile Wallets And Debit Cards.

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