PYMNTS

APRIL 20, 2020

Deluxe has a new agreement with Fiserv to provide an updated payment platform, which will allow customers to use the Clover point-of-sale (POS) platform, new online and physical payment options, and gift card options, according to a press release.

Point-of-Sale (POS) 64

Point-of-Sale (POS) Shutdown Debit Card Contactless Payments 64

The Fintech Times

FEBRUARY 15, 2024

Since point-of-sale (POS) card terminals were first introduced by Visa in 1979, the payment system has hardly seen much advancement. Despite this, as fewer people stick to using cash, POS terminals are increasing in importance for large and small businesses alike. No additional hardware needed.

Technology 64

Technology Point-of-Sale (POS) Small Business Online and Mobile Banking 64

PYMNTS

NOVEMBER 10, 2020

Canadian payments services firm Interac has announced it is partnering with Walmart Canada to expand debit card payment methods both in-store and online. Interac Flash is already rolling out at Walmart’s point-of-sale (POS) terminals, letting customers check out by tapping their debit card or smartphone.

Point-of-Sale (POS) 58

Point-of-Sale (POS) Debit Card Contactless Payments NOV 58

Stax

FEBRUARY 26, 2024

Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. Can My Business Use a Contactless Virtual Terminal?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

Clearly Payments

MARCH 28, 2024

In this article, we will explore some of the most popular credit card machines in Canada, their features, and factors to consider when selecting the right one for your business. The choice of a credit card machine depends on factors such as the nature of the business, transaction volume, mobility requirements, and budget.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

PYMNTS

JULY 26, 2018

France wasn’t the only winner at the FIFA World Cup: Payments innovation won big, too, with contactless payments accounting for 45 percent of all Visa purchases in the 11 host cities. Fans from Poland, in particular, made a whopping 74 percent of Visa transactions using contactless technology, Visa said in an announcement.

Contactless Payments 41

Contactless Payments Point-of-Sale (POS) Payments Debit Card 41

PYMNTS

JULY 16, 2018

Contactless payments scored big at the FIFA World Cup in Russia, with 50 percent of Visa purchases in tournament venues utilizing contactless transactions through cards, mobile devices and wearables. Visa’s sponsorships enable us to showcase the latest in payment innovation on a global stage,” Visa Inc.

Contactless Payments 40

Contactless Payments Point-of-Sale (POS) Payments Volume 40

Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. Why Is Adding Mobile Payments Important to Businesses Today?

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

SEPTEMBER 9, 2020

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Around The Next-Gen Debit World.

Debit Card 64

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

PYMNTS

JULY 2, 2020

Consumers are instead using debit, and one financial services company expects U.S. consumers to shift as much as $100 billion in annual spending from credit to debit cards. The June Next-Gen Debit Tracker ® digs into these and other trends in how consumers are using debit. Around the Next-Gen Debit World.

Debit Card 89

Debit Card Point-of-Sale (POS) Contactless Payments Issuers 89

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. At its core, it involves the authorization, capture, and settlement of transactions.

Process 45

Process Processors Online and Mobile Banking Payments 45

EBizCharge

JULY 2, 2024

This article will explore ten straightforward methods for collecting payments from customers, highlighting the benefits and practical applications of each. The importance of seamless payment collections A seamless payment collection process is crucial for businesses as it ensures efficiency and customer satisfaction.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Debit Transaction 109

Stax

JANUARY 5, 2024

Let’s take a look at some payment terminal options and the types of businesses that best match their features. TL;DR A credit card terminal is a device commonly used by businesses to handle credit and debit card transactions. There are many different types, including some that can take payments on the road.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

PYMNTS

APRIL 21, 2020

Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 Even grocery spending growth slowed to 25 percent on credit cards and 10 percent for debit cards, which gives a nod to the fact that consumers are likely “fully stocked up.” The Shift In Payments.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

DECEMBER 17, 2020

The focus on touch-free, contactless payments has just accelerated,” Guerra said in an interview. “It percent fewer consumers use contactless credit cards than would like to, for example, and 15.1 percent fewer use contactless debit cards than would like to. The research shows that 16.5

Point-of-Sale (POS) 132

Point-of-Sale (POS) Debit Card Fraud Detection Digital Payments 132

Clearly Payments

FEBRUARY 14, 2024

Card Associations (Credit Card Networks): Credit card networks like Visa and Mastercard govern the rules of credit and debit card transactions, facilitating the global movement of funds. trillion in payment volume. However, they face challenges from emerging payment methods and evolving regulations.

Payments 104

Payments BNPL Value Added Service Payment Gateways 104

PYMNTS

SEPTEMBER 23, 2020

They want to shift those deposit dollars sitting in those savings and checking accounts onto the debit card and other card products to be spent.”. Piatt said card-present transactions have fallen by as much as 20 percent during the pandemic, but card-not-present transactions have bounced up by 40 percent.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

NOVEMBER 1, 2018

According to a recent report, consumers there used their debit cards 13.2 In addition, the use of contactless payment cards almost doubled to 5.6 Meanwhile, the U.K. and other places continue to move away from the use of cash. billion times in 2017, an increase of 14 percent compared to the year before.

ATM 62

ATM Point-of-Sale (POS) Contactless Payments Debit Card 62

PYMNTS

JULY 13, 2018

In terms of technology, SIX has brought approximately 80 point-of-sale (POS) terminals into the stadium, which can take all major credit and debit cards. In particular, consumers can make contactless payments by holding their card up to a POS terminal.

Visa 40

Visa Point-of-Sale (POS) Contactless Payments Debit Card 40

PYMNTS

DECEMBER 13, 2019

That’s why they installed scan-and-pay technology, called Scan & Go, so that customers could skip the check-out by essentially turning their phone and the app into their point of sale (POS). B2B Payments Firm Bill.com Has A Good Day In IPO Land. Visa: US Contactless Payments Primed For A Big 2020.

P2P 52

P2P Consumer Financial Protection Bureau (CFPB) CFPB PayPal 52

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

PYMNTS

JULY 9, 2019

Since each customer has their own unique card, the store can track shoppers with an assist from security cameras. Customers can select items and check themselves out with a tablet-based point-of sale (POS) system that accepts credit and debit cards. Mobile payments have been slow to take off in the U.S.,

Automation 72

Automation Point-of-Sale (POS) Mobile Payments Value Added Service 72

Stax

MARCH 14, 2024

consumers using two or more types of digital payment methods increased by 8%. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Industry data shows that the B2B payments landscape is rather diverse.

B2B 88

B2B Process B2C Credit Cards 88

Clearly Payments

DECEMBER 5, 2023

This involves the actual movement of money between financial institutions Reporting and Reconciliation: Payment processors provide merchants with reporting and reconciliation tools, allowing them to track transactions, analyze financial data, and reconcile accounts.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Stax

JUNE 9, 2024

Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective.

Credit Cards 88

Credit Cards Process CRM Point-of-Sale (POS) 88

PYMNTS

NOVEMBER 18, 2019

For online transactions, he told PYMNTS, merchants can prod consumers to consider an alternative form of online payment, done across real-time rails and through a request for payment. But, he added, there’s an incentive for merchants to shift to real-time payments. It’s to the merchant’s benefit to get money sooner,” he said.

Real Time Payments 49

Real Time Payments Consumer ISO 20022 Online and Mobile Banking 49

PYMNTS

MARCH 27, 2017

Campbell-Urban noted that while Square believes that contactless payments are the future in the U.S., the payment processing company has focused on making chip-card processing speeds faster to cut down on long lines for their sellers as part of a broader push to enable the retail industry.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

PYMNTS

NOVEMBER 12, 2020

There’s also the safety of using debit in contactless payments, he said, where issuers had, fortuitously from a timing perspective, accelerated their issuance of contactless cards coming into 2020 and before the age of COVID-19.

Debit Card 64

Debit Card Point-of-Sale (POS) Issuers Federal Reserve 64

PYMNTS

FEBRUARY 26, 2018

Flip , a new contactless payment device that the startup just made available for preorder, is a literal plastic coin resembling a casino chip or silver dollar that pairs with a cryptowallet on a customer’s phone, enabling them to tap the coin to pay instead of reaching for their phone. What if bitcoin were actually a coin?

Contactless Payments 43

Contactless Payments Bitcoin Point-of-Sale (POS) Payments 43

CB Insights

DECEMBER 4, 2019

To compete, Amazon is investing in product including hiring product managers for devices solutions, which could see Alexa move from the home and office, and into brick-and-mortar or point-of-sale POS. Amazon Go: Amazon’s secret payments weapon? Amazon has also made investments in improving kids’ access to the platform.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Stax

NOVEMBER 6, 2023

There are five types of mobile payments small businesses can offer: NFC (near-field communications) payments, QR code payments, billing and invoicing apps, MST payments, and SMS payments. At the moment, contactless payments are more-or-less the safest mobile payment method—both for customers and businesses.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

PYMNTS

NOVEMBER 15, 2018

To that end, Chase , the largest card issuer in the U.S., 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. The effort is broad and far-reaching, considering how more than 90 million debit and credit cards are wielded by Chase customers across the United States. In the U.K.,

Card Services 71

Card Services Contactless Payments Point-of-Sale (POS) Credit Cards 71

PayHawk

APRIL 18, 2023

Check Conversion The process of converting a paper check into an electronic payment, typically at the point of sale. D Debit Card A payment card that enables the cardholder to withdraw funds from their bank account or make purchases with funds available in the account.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Clearly Payments

NOVEMBER 21, 2023

This article covers the payment trends that are set to shape the Canadian payment industry throughout 2024 and beyond, offering a comprehensive overview to provide businesses and consumers with insight into the exciting developments that lie ahead. You can also look back and review our payment trends of 2023.

Payments Trends 52

Payments Trends BNPL Contactless Payments Online and Mobile Banking 52