The Fintech Times

AUGUST 12, 2024

Commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group , the study gauged insights from large banks, credit unions and community banks. point-of-sale (POS) transactions, two account-to-account transfers, and 1.9 Notably, POS usage grew at an annual rate of 4.4

Debit Card 63

Debit Card Consumer Debit Transaction Point-of-Sale (POS) 63

PYMNTS

JANUARY 25, 2021

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. The new Enhanced Contactless (Ecos) specifications will come along with the demand for more efficient, safer products overall, the release stated.

Visa 124

Visa Technology Point-of-Sale (POS) Contactless Payments 124

The Fintech Times

JULY 11, 2024

Spending excessively on point-of-sale (POS) terminals can be costly but remains essential for any business to function. Looking to improve payment processing capabilities for merchants and remove this hurdle, Shift4 , the commerce and payments firm has partnered with Phos , the software POS (softPOS) orchestration platform.

Acquirers 58

Acquirers Process Point-of-Sale (POS) Accreditation 58

CB Insights

JULY 7, 2021

Pine Labs , a point-of-sale (PoS) fintech company, has raised $600M (INR 44.59B) with participation from BlackRock, Temasek, Fidelity Investments, and Duro Capital, among others. HOW’S THE COMPANY PERFORMING?

Point-of-Sale (POS) 78

Point-of-Sale (POS) Payment Gateways FinTech Gateways 78

The Fintech Times

NOVEMBER 18, 2024

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

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 58

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

PYMNTS

MAY 27, 2020

To that end, said Matt Good , senior vice president and general manager of Elan Advisory Services , the shift to contactless payments is well underway — and the stage is being set for mobile wallets to gain a much wider embrace. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Merchants partner with acquirers or payment processors to enable transactions. Total Transaction Volume : The U.S.

Process 97

Process ISOs Credit Cards Online and Mobile Banking 97

Fintech Finance

NOVEMBER 14, 2024

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 71

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 71

PYMNTS

JUNE 10, 2020

Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S. An expensive, hard-to-roll-out digital payments integration is appealing to almost no one in the current environment, she explained.

Digital Payments 59

Digital Payments Contactless Payments Payments Point-of-Sale (POS) 59

PYMNTS

DECEMBER 1, 2020

It is among these omnichannel shoppers that grocers have the opportunity to gain new customers if they were to offer digital payment options that consumers have now come to crave and expect. Perhaps grocers’ biggest chance to gain new customers lies in focusing on delivering digital payment options to the 63.9

Consumer 78

Consumer Point-of-Sale (POS) Digital Payments Contactless Payments 78

PYMNTS

OCTOBER 11, 2018

Coverage includes Norway ’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay.

Point-of-Sale (POS) 50

Point-of-Sale (POS) Security Payment Security Contactless Payments 50

PYMNTS

FEBRUARY 2, 2021

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

Point-of-Sale (POS) 84

Point-of-Sale (POS) Small Business Credit Union Enrollments 84

PYMNTS

JULY 24, 2019

Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” . The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on Thursday (July 24). . according to Visa.

Point-of-Sale (POS) 74

Point-of-Sale (POS) Payments Contactless Payments Authentication 74

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

OCTOBER 20, 2020

To what extent has it succeeded in changing consumers' use of plastic cards at the point of sale (POS) in physical stores? Our latest research shows that the use of Apple Pay for POS transactions at eligible stores has risen by 59 percent. Today, Oct. 20, happens to be Apple Pay’s six-year anniversary. percent in 2015.

Consumer 79

Consumer Point-of-Sale (POS) Contactless Payments On-Demand 79

PYMNTS

OCTOBER 23, 2020

eCommerce in April and May accounted for 22 percent of the nation’s retail sales, compared to 11 percent of sales in the same period in 2019. Contactless payments usage is also expanding during the pandemic, even for population segments that were previously unenthusiastic about the technology. Forty-six percent of U.S.

Contactless Payments 52

Contactless Payments Point-of-Sale (POS) Payments Payments Trends 52

Stax

NOVEMBER 6, 2023

By using near-field communication (NFC), Apple Pay, and Samsung Pay services turned each company’s mobile devices into highly secure digital payment wallets. Instead, they can tap their mobile devices against supporting POS terminals to process their payments securely and efficiently by way of a digital wallet.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

NOVEMBER 23, 2020

Retailers, too, had to respond and revise their checkout experiences when fears over the new coronavirus lingering on surfaces led to consumers becoming reluctant to exchange cash with store clerks or insert payment cards into point-of-sale (POS) terminals.

Point-of-Sale (POS) 77

Point-of-Sale (POS) Payments Contactless Payments Innovation 77

PYMNTS

DECEMBER 17, 2020

Debbie Guerra , executive vice president of Merchant and Fraud Solutions at ACI Worldwide, told PYMNTS that digitization of the grocery business, and providing options for how consumers pay for groceries, is no longer optional in the pandemic era — or beyond. percent of shoppers do not use digital channels at all. The remaining 36.1

Point-of-Sale (POS) 132

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

PYMNTS

MAY 13, 2020

And at the point of sale (POS) at grocery stores, where they are still shopping in person, they are realizing something important. By the end of the COVID-19 pandemic, those things won’t just be add-on features, but will become table stakes in the new digital economy. And we can modify our system fast.

Contactless Payments 100

Contactless Payments Point-of-Sale (POS) Push-to-Card Innovation 100

PYMNTS

OCTOBER 21, 2020

Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Morgan is bringing payments to the point of sale (POS), with an eye on making inroads into a landscape dominated by firms such as PayPal and Square. and, by extension, the U.S.

Point-of-Sale (POS) 122

Point-of-Sale (POS) Push-to-Card PayPal Volume 122

PYMNTS

NOVEMBER 1, 2018

In addition, the use of contactless payment cards almost doubled to 5.6 Meanwhile in Australia, the balance seems to be tilting away from cash, with contactless card-based payments powering close to a third of point-of-sale (POS) transactions, according to PYMNTS research. now using them.

ATM 62

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

PYMNTS

AUGUST 7, 2017

A payments solution that requires micromerchants to buy — and then wait for — special hardware isn’t much of a solution if you ask Joe Lynam, chief executive officer and co-founder of payments technology firm xPressTap. The POS is capable of doing business with anyone who has a contactless card or NFC-enabled smartphone.

Point-of-Sale (POS) 40

Point-of-Sale (POS) Chip Cards CHIPS Contactless Payments 40

PYMNTS

JUNE 25, 2020

Case in point, take the very recent tale of a Paytronix team member who one evening at a recently opened brewery and discovered a slight hiccup in their just introduced version of their contactless payments dining experience inside the dining room. However, the workflows are totally different.

Contactless Payments 97

Contactless Payments Point-of-Sale (POS) Checks Shutdown 97

Stax

MARCH 14, 2024

Online and contactless adoption multiplied, and digital payments rose. 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.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

MAY 14, 2020

. “It’s not just about the payment itself,” explained Miller. ” For some merchants, that may mean adopting point-of-sale (POS) solutions and accepting contactless payments that don’t require shoppers to physically touch any devices.

Contactless Payments 67

Contactless Payments Payment APIs and Integration Point-of-Sale (POS) Payments 67

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. The pandemic has heightened consumers’ expectations around all things contactless, said Sievert.

Debit Card 64

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

PYMNTS

SEPTEMBER 23, 2020

Meanwhile, contactless card payments are up 150 percent year on year, pushed by consumer demand that’s growing by the day as customers fear touching point of sale (POS) terminals that they fear could carry germs. In other words, time is officially up for FIs to dither when it comes to digitizing. “It

Online and Mobile Banking 113

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

PYMNTS

APRIL 5, 2017

According to Mastercard Samsung Pay , Samsung’s mobile payments service, is an easy-to-use and secure platform that gives users a contactless way to pay using their compatible Samsung Galaxy devices at compatible point-of-sale (POS) terminals.

Visa 43

Visa Point-of-Sale (POS) Contactless Payments Interoperability 43

PYMNTS

DECEMBER 1, 2017

Players like Mastercard are encouraging micro businesses to give mobile payment acceptance a whirl, hoping they’ll feel the attraction. And, for businesses already embracing point of sale (POS) innovations, developers are unleashing new features to keep the honeymoon going. You’re just getting cash in and cash out.

Point-of-Sale (POS) 60

Point-of-Sale (POS) Visa Contactless Payments Checks 60

PYMNTS

APRIL 21, 2020

The Shift In Payments. As businesses shift toward offering new ways to get their products to consumers, there will be heightened movements to offer contactless and digital payments at the point of sale (POS), said Fagan.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

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

Clearly Payments

APRIL 3, 2024

Payment Processing Market Size and Trends The landscape of payment methods is witnessing a transformative shift, with a noticeable decline in cash transactions and a surge in digital payment solutions such as digital wallets and contactless payments.

Process 45

Process Processors Online and Mobile Banking Payments 45

PYMNTS

MAY 12, 2020

There’s also room for growth in mobile payments, and contactless card adoption will likely encourage more frequent use of mobile wallets. Another tailwind for contactless payments comes as people realize that “contactless cards and mobile payments are the ‘healthy way to pay’ during these pandemics,” said Young.

Credit Union 64

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

PYMNTS

OCTOBER 23, 2020

The Inclusive Power Of Contactless Payments. talk about the spike in contactless payments preference and usage observable in the last half year has centered on what is immediately traceable back to COVID-19 and consumer safety concerns. In the U.S. But step out of the developed world bubble of the U.S.

Cross-Border 71

Cross-Border Contactless Payments Cross-Border Payments On-Demand 71

Stax

APRIL 18, 2024

The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88