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

PYMNTS

NOVEMBER 5, 2019

Visa has released a statement saying Tencent’s announcement that it will support international card schemes in its mobile wallet is “a great step forward” for the payments industry. Visa believes this is a great step forward, both for consumers travelling to China and the overall payments industry.

Mobile Payments 58

Mobile Payments Contactless Payments Push-to-Card Payments 58

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 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

OCTOBER 31, 2019

Seven years ago, when Visa first started working on bringing contactless payments to London’s Mass Transit system, the landscape for tap and go cards looked very different. In Europe, contactless card-based payments have come to dominate face-to-face payments. “In And while the progress in the U.S.

Contactless Payments 46

Contactless Payments Push-to-Card Payments Enrollments 46

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

Contactless Payments 88

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

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. Even waving the card at the point of sale (POS) may face headwinds because of transaction limits.

Credit Union 112

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

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

Payments 104

Payments BNPL Value Added Service Payment Gateways 104

The Fintech Times

FEBRUARY 28, 2024

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. We take a retrospective look and investigate which payment technologies have shaped the industry into its current iteration.

Payment Solutions 59

Payment Solutions BNPL Payment APIs and Integration Payments 59

PYMNTS

JANUARY 15, 2021

These codes are particularly useful when it comes to contactless payments, as they allow funds to be instantly transferred through a simple printout on restaurant bills or checkout counters. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth.

Contactless Payments 82

Contactless Payments Security Point-of-Sale (POS) On-Demand 82

PYMNTS

SEPTEMBER 4, 2020

The days of consumers at the local coffee shop or retailer queuing up the register, inserting cards and punching in PINs are likely in the rearview mirror. 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.

Contactless Payments 95

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

PYMNTS

AUGUST 25, 2016

From makeup to jewelry, mobile payments are all about accessorizing going into the fall season. In this roundup, Global Payments is providing Bluetooth technology and mobile payment capabilities to Mary Kay Sales consultants; iZettle, the U.K. Payment will come from the consumers’ Visa accounts.

Mobile Payments 43

Mobile Payments EMV Push-to-Card Payments 43

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S. In the U.S.,

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

PYMNTS

JANUARY 24, 2019

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

PYMNTS

NOVEMBER 5, 2019

Visa has released a statement saying Tencent’s announcement that it will support international card schemes in its mobile wallet is “a great step forward” for the payments industry. Visa believes this is a great step forward, both for consumers travelling to China and the overall payments industry.

Contactless Payments 40

Contactless Payments Push-to-Card Enrollments Interoperability 40

PYMNTS

JUNE 1, 2020

Some governments believe that contactless payments are a relatively safe alternative to cash and traditional credit cards because they spare merchants from handling bills and customers from tapping through POS interfaces. Around The Next-Gen Debit World. Irish consumers are also spending less, according to the Bank of Ireland.

Contactless Payments 52

Contactless Payments Push-to-Card Point-of-Sale (POS) Credit Cards 52

PYMNTS

JUNE 19, 2017

With the popularity of online shopping, it should come as no surprise that there’s been an uptick in card-not-present purchases. Cards Association (UKCA) finds that the amount of purchases made through debit and credit cards has more than doubled in the past decade. A new report from the U.K. There were 6.7

Push-to-Card 43

Push-to-Card Card Association Contactless Payments Debit Card 43

PYMNTS

DECEMBER 26, 2018

JCB subsidiary CB International has rolled out a new EMV QR code payment service that will allow the cardholder to make contactless payments using a QR Code. In the case of Vietnam, The Verdict reported Sacombank is supporting the mobile payment business. “We

Contactless Payments 63

Contactless Payments Push-to-Card EMV Caps 63

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. The financial services sector is at a pivotal juncture. There are a couple primary reasons that the gap of traditional finance exists.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

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

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Contactless. Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

AUGUST 1, 2017

QR codes are making waves in the digital payments arena. EMV managing leg EMVCo has shared news of its two new QR code payment offerings, but Mastercard’s Masterpass QR is gaining traction in areas around the world. trillion | Amount of mobile payments made in China alone each year. Here are the numbers: $5.5

EMV 45

EMV Push-to-Card Contactless Payments Payments 45

PYMNTS

MAY 16, 2017

Jumping on the bandwagon of quick and easy mobile payments, Visa is slated to launch an open-loop contactless payment system at highway toll plazas across India, furthering the Reserve Bank of India’s Payment Vision 2018 of moving India to a less-cash society. billion | Estimated U.S. billion | Estimated U.S.

Automation 40

Automation Contactless Payments Push-to-Card Authorization 40

The Fintech Times

FEBRUARY 29, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having already explored the biggest upcoming trends in the world of paytech, it is clear that progress in payments becomes drastically different depending on which region of the world you look at.

Payments Trends 59

Payments Trends Online and Mobile Banking Payments Instant Payments 59

PYMNTS

SEPTEMBER 17, 2020

As to what lies ahead for the digital CX, Vaughn said we’re headed toward greater adoption of card-on-file transactions, and the use of digital wallets to enable those transactions. The trend, after all, is toward contactless transactions. “It The big push had been around transitioning everybody to EMV,” he remarked.

Payment APIs and Integration 101

Payment APIs and Integration Push-to-Card Contactless Payments EMV 101

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated. though the numbers are growing.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

MAY 18, 2016

Visa or MasterCard cards issued by Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society will all work with the mobile wallet – with more banks on the way. . 36 million | The number of contactless payments made in the U.K. which pushes up that number.

Contactless Payments 40

Contactless Payments Push-to-Card Visa Payments 40

PYMNTS

APRIL 17, 2020

And in this unusual time, CO-OP Financial Services Chief Product Officer Bruce Dragt said there are two opposing forces pushing on consumers — things that are injecting panic in the marketplace and things that are injecting calm to counterbalance it. There is no shortage of things to be genuinely anxious about out there.

Credit Union 63

Credit Union Consumer Push-to-Card Contactless Payments 63

PYMNTS

MAY 16, 2017

Just in time for the summer travel season, Mastercard has announced a series of partnerships in over 80 cities worldwide, which will enable card carriers to tap to pay for public transit. The move comes as part of a broader movement by the payment company to push the private sector to build smarter, more connected cities worldwide.

Visa 80

Visa Contactless Payments Push-to-Card On-Demand 80

PYMNTS

OCTOBER 20, 2020

Apple had already more or less created the modern smartphone industry with the iPhone and remade the music industry with the iPod – so it didn’t seem too much of a stretch to believe that if Apple wanted to disrupt the plastic card, it could fall out of favor for in-store purchases. Back in March, only 4.9 23 and Sept. Of the 207.6

Contactless Payments 53

Contactless Payments Push-to-Card Payments Consumer 53

PYMNTS

MARCH 23, 2016

It’s also getting support from Judo Payments, a London-based app commerce payments platform to enable in-app payments. and has been picking up steam with payments networks and issuers since, with Apple Pay paving the way through its launch the year prior. But the biggest push to give Android Pay a boost in the U.K.?

Contactless Payments 40

Contactless Payments Visa Push-to-Card Mobile Payments 40

PYMNTS

OCTOBER 1, 2020

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Merchants, their payment providers and their regulators must keep up,” per the new Guide.

Online and Mobile Banking 52

Online and Mobile Banking Privacy Regulations B2B 52

Clearly Payments

DECEMBER 5, 2023

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

PYMNTS

JULY 29, 2020

And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever,” CEO and President Dan Schulman said in announcing the results. “Our

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

OCTOBER 23, 2020

Volante CEO and Founder Vijay Oddiraju told Karen Webster during the latest This Week In Payments conversation that while the pandemic has been bad news, it has also opened up the door to innovation. . The Inclusive Power Of Contactless Payments. The changes are also accelerating the connected economy. In the U.S.

Cross-Border 71

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

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59

Visa CHIPS Chip Cards EMV 59

PYMNTS

OCTOBER 5, 2017

The startups joined forces earlier this year — one a contactless payments enabler, the other a security technology company. To build a comprehensive Internet of Things (IoT) platform by partnering with original equipment manufacturers (OEMs) and financial institutions to bring fast, secure payments to a variety of form factors.

Push-to-Card 48

Push-to-Card Payments Agreements Contactless Payments 48

PYMNTS

DECEMBER 21, 2020

Although the wagons have begun to circle more publicly and more recently on Apple and its payments stance — given the very public lawsuit over in-app purchases — large-scale efforts to challenge Apple’s position on allowing anyone other than Apple access to the NFC chip haven’t gotten much media bandwidth. consumers — 47.2 percent of the U.S.

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91