PYMNTS

APRIL 30, 2020

Those declines were offset at least in part by what management characterized as a long-standing shift to contactless payments and a move away from cash transactions. As had been seen with payments networking peer Mastercard, Visa said that its latest quarter showed greater traction in debit transactions than in credit.

Transactions 89

Transactions Cross-Border Volume Contactless Payments 89

Stax

JULY 9, 2024

Learn More Debit and credit card transactions Perhaps the most commonly known EFT payment type is credit and debit card transactions. Unless your business is intentionally cash-only, you’ll likely need to accept the major card brands such as Visa and MasterCard to stay in business.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. Apple Pay, Google Pay), and transit systems for fare payment.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

DECEMBER 22, 2020

The overall cautiousness and sense of financial prudence, he said, can be seen in the fact that consumers are embracing debit transactions over credit, using cash on hand rather than choosing to build their liabilities on a credit card. It's needed, especially with what we've seen in [coronavirus] numbers.

Consumer 123

Consumer Credit Union BNPL Payment APIs and Integration 123

PYMNTS

NOVEMBER 2, 2020

Yes, as global travel fell off a cliff, cross-border transactions suffered for Visa, Mastercard and American Express (down double-digit percentages as a group). But drilling down a bit, eCommerce trends and the growth in contactless payments remain significant and inexorable. That means more ads, to be sure.

Online and Mobile Banking 84

Online and Mobile Banking Cross-Border Volume Visa 84

PYMNTS

JULY 22, 2016

The day began with Mastercard announcing an acquisition of epic proportions : VocaLink. Most media passed this off as a way for Mastercard to cozy up to the U.K. payments scene, but it clearly has the potential to do a whole lot more than that. Maybe even more boring than usual. Summer doldrums. So far, that’s in Singapore, U.K.

PayPal 41

PayPal ACH Payments Visa 41

Clearly Payments

JANUARY 16, 2024

What are Interchange Fees in Canada Interchange fees are charges levied by credit card issuers (such as Visa, Mastercard, and others) to merchants for accepting and processing electronic payments. These fees serve as compensation for the risks and costs associated with facilitating electronic transactions.

PCI DSS 91

PCI DSS Processors Debit Card Credit Cards 91