Remove Contactless Payments Remove Digital Payments Remove PCI DSS
article thumbnail

Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. All you need to use a digital wallet is a smartphone. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years.

article thumbnail

Is APAC Ready for a Cashless Future?

Fintech News

At the heart of this phenomenon lies the seamless integration of payment functionalities into the region’s most popular messaging apps. This ingenious fusion has made digital payments an organic extension of daily life for millions, driving adoption rates to unprecedented levels.

APACS 110
article thumbnail

Tribe Payments Urges Firms to Embrace SoftPOS as 30% Identify Outdated Paytech as Biggest Challenge

The Fintech Times

Over a quarter (28 per cent) of merchants’ in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes, according to a new study by digital payments and infrastructure orchestrator Tribe Payments.

PCI DSS 58
article thumbnail

Tribe Payments Exposes Costly Gaps in Legacy POS Tech – 1 in 4 Merchants Miss Out on Alternative

Fintech Finance

A new study from Tribe Payments , the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has revealed that 28% of merchants’ legacy in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes.

PCI DSS 93
article thumbnail

Balancing Innovation and Security: Digital Payments Insights with Valeri Vanourek of Discover® Global Network

The Fintech Times

The payments landscape is undergoing a profound transformation as consumer preferences continue to evolve, with digital payments rising in prominence as the preferred method for conducting financial transactions. Looking ahead, we expect significant advancements in payment decisioning.

article thumbnail

What Is Data Tokenization and How Does It Work?

Stax

Payment tokenization is a subset of data tokenization where tokens replace confidential payment data such as customer credit card information. With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. What are the limitations of data tokenization?

article thumbnail

10 Easy Ways to Collect Payments from Customers

EBizCharge

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.