PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. As Good noted, four in 10 U.S.

Contactless Payments 112

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

PYMNTS

SEPTEMBER 28, 2020

India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). Coupled with a global spike in contactless payment methods, India is seeing a massive shift away from cash.

Mobile Payments 135

Mobile Payments Payments Use Case Contactless Payments 135

The Fintech Times

JULY 24, 2024

Concerns about the prospects of a completely cashless society have been compounded in recent months, following a number of high-profile payment systems outages. The number of cash payments rose during 2022 for the first time in a decade but has now fallen back to roughly where it was in 2021. Is mobile banking set to dominate?

Online and Mobile Banking 58

Online and Mobile Banking Contactless Payments Debit Card Payments 58

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. The High Stakes Of Offering Contactless. This change in consumer behavior is expected to remain even after vaccines are more widely distributed.

Contactless Payments 74

Contactless Payments Credit Union Innovation P2P 74

Clearly Payments

NOVEMBER 6, 2024

This market includes a range of services and technologies that facilitate the acceptance, authorization, and settlement of payments across various channels, including online, in-store, and mobile. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

PYMNTS

DECEMBER 10, 2018

Coverage includes Singapore’s Singtel rollout of international payment options in its Dash mobile app. In addition, PUC Berhad is teaming up with Revenue Group Berhad for online-to-offline (O2O) payments in Malaysia , and the United Kingdom’s Metro Bank is upgrading its mobile app to bring mobile payments to over 38 nations.

Online and Mobile Banking 67

Online and Mobile Banking IBAN International Payments SWIFT 67

Stax

SEPTEMBER 12, 2024

Cash is no longer having its moment; card payments are in. From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. Learn More What’s a Payment Terminal? That’s why for most businesses, it’s almost impossible to make do without a credit card terminal.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking Credit Cards Processors 88

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

The Payments Association

OCTOBER 4, 2024

The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g., Apple Pay, Google Pay), and buy now, pay later (BNPL) solutions are gaining traction, threatening to displace traditional card payments. High fees can erode the precious and often narrow profit margins.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

Tearsheet

FEBRUARY 7, 2024

Using digital wallets and mobile payment apps were once emerging trends but are now becoming common practice for both online and in-store purchases,” Christine Roberts, EVP, and President of Citizens Pay told Tearsheet recently. Moreover, online purchases drive higher digital wallet usage compared to in-store transactions.

Debit Card 119

Debit Card Online and Mobile Banking Non-Bank Credit Cards 119

FICO

AUGUST 24, 2020

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank? Mobile deposits are so easy!”. Mobile deposits are so easy!”.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Fraud Detection 52

PYMNTS

AUGUST 6, 2020

Grocery chain Kroger is rolling out a new contactless pay solution at its Quality Food Centers (QFC) locations, according to a press release. The pilot will be introduced in the Seattle, Washington area, the company said, and will let customers use their mobile phones to pay in a seamless manner.

Online and Mobile Banking 87

Online and Mobile Banking Chip Cards Contactless Payments CHIPS 87

EBizCharge

APRIL 25, 2024

To accomplish this, your company will need a merchant account and reliable software to provide convenient customer payment options and effectively manage funds. Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Clearly Payments

AUGUST 1, 2024

Interchange rates, also known as interchange fees , are the charges paid between banks for the acceptance of card-based transactions. These fees are a critical component of the payment processing ecosystem, affecting merchants, consumers, and financial institutions.

Process 52

Process Fraud Prevention Online and Mobile Banking Payments 52

The Fintech Times

MARCH 20, 2024

After years of pushing to a fully digital payments landscape that will in theory see a cashless economy in the (reasonably) near future, it could all come tumbling down after a series of technical issues that has seen major retailers unable to process card or contactless payments and once again relying on notes and coins.

Contactless Payments 114

Contactless Payments Push-to-Card Payments Online and Mobile Banking 114

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

PYMNTS

MAY 23, 2016

Creating certainty for the consumer when using mobile payments. The certainty that comes with creating a thick market of merchants and consumers and accounts that work across any mobile device that they happen to own, and can use at the places they routinely shop. I don’t think consumers even want a mobile wallet.

Mobile Payments 47

Mobile Payments Online and Mobile Banking PayPal Payments 47

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. Worldwide, eCommerce card payments generated $2.7 A combination of online spending and contactless payments are helping to drive these U.K. In 2016, U.K.

Rules 52

Rules Online and Mobile Banking Card Association Contactless Payments 52

PYMNTS

AUGUST 4, 2016

The latest news on mobile payments shows that the big banks are wanting in on the mobile wallet race, but are they already too far back in the pack? Here’s the latest news on the mobile + payments + commerce front. Miami Transportation To Offer Mobile Payments. But the similarities end there.

Mobile Payments 40

Mobile Payments Online and Mobile Banking Non-Bank Payments 40

Stax

NOVEMBER 13, 2023

And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay. Contactless payments became a must-have during COVID. Most modern card readers and payment terminals are NFC-equipped. Google was the first, in 2011, to enable contactless payments via their mobile app.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Clearly Payments

APRIL 9, 2024

This includes digital platforms, software, and applications that offer financial services such as mobile banking, peer-to-peer (P2P) payments , online lending, and investment management. Key features of the fintech experience include mobile-first interfaces, 24/7 accessibility, and tech-driven personalized services.

Finance 84

Finance FinTech Online and Mobile Banking Payment APIs and Integration 84

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 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark.

B2B 108

B2B Underserved Wire Transfer Payments 108

PYMNTS

SEPTEMBER 4, 2020

The rise of contactless payments is being driven by, and in turn is also driving a pivot away from, hardware – specifically the dedicated terminals at checkout – and toward SoftPOS. At a high level, SoftPOS – short for software point of sale – lets merchants take contactless payments across their own mobile devices and tablets.

Contactless Payments 95

Contactless Payments Online and Mobile Banking Push-to-Card Underserved 95

PYMNTS

OCTOBER 29, 2019

The EU is looking even further into possible antitrust violations regarding Apple , with regulators trying to find out if online sales companies were ordered to use the tech giant’s mobile payment service instead of rival services.

Online and Mobile Banking 40

Online and Mobile Banking Mobile Payments Debit Card Contactless Payments 40

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. trillion by 2027. Visa, Mastercard).

Process 45

Process Processors Online and Mobile Banking Payments 45

PYMNTS

OCTOBER 5, 2020

Venmo , the mobile payment service owned by PayPal , announced Monday (Oct. The company credited Venmo's peer-to-peer payments platform and QR code-based contactless payments system for a big part of its success. In July, PayPal reported a record second quarter.

Venmo 90

Venmo Credit Cards PayPal Online and Mobile Banking 90

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Stax

FEBRUARY 28, 2024

TL;DR A payment terminal enables a merchant to take chip card and contactless payments. There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Why do merchants need a payment terminal?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

Stax

JUNE 4, 2024

You should avoid payment providers that are overly focused on card-present transactions if your target market is increasingly demanding more convenient payment methods like e-wallets, mobile payments, and cryptocurrency. Q: Can payment processing software help with mobile payments?

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

PYMNTS

SEPTEMBER 15, 2020

The COVID-19 pandemic is fueling contactless payments as one financial mobile app company says without a public health crisis, it would have taken three years to see such a reduction in the use of cash. the San Francisco-based mobile payment company, said Tuesday (Sept. Square Inc. , 31, the stock closed at $62.56.

Transactions 73

Transactions Online and Mobile Banking Contactless Payments Mobile Payments 73

PYMNTS

FEBRUARY 11, 2019

Mobile devices, apps and voice assistants – by allowing consumers to order ahead and pay, pay via QR codes anywhere in the store and use auto-pay when leaving the store – will make checking out 100 percent digital, even when consumers choose to visit a physical store to make a purchase. Sure, more terminals in the U.S.

Online and Mobile Banking 78

Online and Mobile Banking Consumer Innovation Payments 78

PYMNTS

JANUARY 9, 2018

Bank holding company Bancorp has yet to be named a participant of Android Pay, but users are reportedly confirming that their PayPal Business Debit Mastercard, issued by Bancorp, now works with the mobile payment tool. Bank president of corporate payment systems Jeff Jones in an interview with PYMNTS. “It

PayPal 44

PayPal Visa Commercial Card Online and Mobile Banking 44