Stax

JULY 9, 2024

The adoption of digital payment systems in the US has grown, with 78% of consumers using at least one type by the end of 2020. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. What makes contactless payments unique?

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

The Fintech Times

JUNE 11, 2024

Data from Discover Global Network , the global payment network, comes as it reveals the results of its 2024 Payment State of the Union (PSOU) study, providing global perspectives from merchants and consumers.

Contactless Payments 59

Contactless Payments Payments Trends Use Case Payments Tools 59

PYMNTS

OCTOBER 22, 2020

As infection and mortality rates rose and consumers became more concerned about their health and the health of others, it’s not hard to understand why their interest in contactless payments – tepid at best in a pre-pandemic world – skyrocketed overnight.

BNPL 77

BNPL Payments Trends PayPal Payments 77

PYMNTS

JANUARY 26, 2021

Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to prevent spreading the virus.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

Clearly Payments

MARCH 18, 2024

Below are some statistics and trends in the demographics of how people pay, including by age, income, and location. Payment Trends by People’s Age: Gen Z & Millennials (born 1981-2012): Gen Z and Millennials (those born between 1981 and 2012) are leading the way in using contactless payments.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Stax

JULY 9, 2024

An EFT payment includes many more than debit or credit card transactions, and with seemingly constant technological advancements, new ways to pay are always emerging. In fact, last year, we discussed the top seven payment trends to keep an eye on, all of which are examples of EFT payments and remain trending now.

Electronic Fund Transfer Act (EFTA) 88

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

PYMNTS

DECEMBER 14, 2020

“It is when [their payment preferences] are not available, they do not feel comfortable.or Contactless Payments And eCommerce. The pandemic may be causing sweeping changes regarding which items consumers want to buy and where, but many of the factors governing their payment behaviors have remained relatively unchanged.

Consumer 139

Consumer Contactless Payments Payments Authentication 139

Fintech Finance

APRIL 17, 2024

The outbreak of the COVID-19 pandemic accelerated the rise in contactless payments in the country, thereby contributing to growth in overall card payments.

Point-of-Sale (POS) 52

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

PYMNTS

OCTOBER 23, 2020

Contactless payments usage is also expanding during the pandemic, even for population segments that were previously unenthusiastic about the technology. Getting these payment experiences right is therefore a necessity for merchants, but they must implement methods quickly to compete with other retailers in multiple commerce channels.

Contactless Payments 52

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

Neopay

JANUARY 25, 2024

Cost savings and a virtual environment drive businesses away from traditional methods towards efficient digital invoicing and contactless payments.” The trends in digital payments are marked by a focus on enhancing customer experiences through seamless, alternative payment channels like wearables and mobile wallets. “In

Cross-Border 52

Cross-Border Payments Alternative Payment Methods Cross-Border Payments 52

PYMNTS

JUNE 8, 2020

Enabling seamless digital experiences also means showcasing accurate store inventory, enhancing brand loyalty and confronting payment trends that have been brought into the spotlight by the COVID-19 outbreak. Enabling innovative payment experiences in brick-and-mortar stores is proving important for grocers.

Contactless Payments 57

Contactless Payments Volume Consumer EMV 57

PYMNTS

APRIL 23, 2020

One trend that remains in place and likely to accelerate, according to Ovick: the movement toward contactless payments. “A It’s important for merchants to be aware of their customers’ preferred payment choices and to embrace everything from PIN-less debit to digital wallet offerings. Refocusing On Omnichannel.

ISVS 74

ISVS Contactless Payments Facilitators Emerging Payments 74

PYMNTS

OCTOBER 9, 2020

Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well, with some experts predicting that more than 2.1

Automation 75

Automation Debit Card Identity Theft Contactless Payments 75

Fintech Finance

FEBRUARY 22, 2024

The center’s strategy for shaping the future of payments encompasses a broad range of business needs and is constantly updated to keep par with the ever evolving payment trends of the region.

Innovation 52

Innovation Embedded Finance Payments AI 52

Stax

NOVEMBER 6, 2023

Instead, they can tap their mobile devices against supporting POS terminals to process their payments securely and efficiently by way of a digital wallet. Why Is Adding Mobile Payments Important to Businesses Today? What Can You Do to Adopt These Mobile Payments Solutions?

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

NOVEMBER 9, 2016

Sage, which is a market leader for integrated accounting, payroll and payments software, released the results of the sixth annual report focused on the current and future payment trends. The report addresses drivers for innovation, the need for omnichannel retailing, as well as payment security and consumer trust.

Contactless Payments 70

Contactless Payments Payroll Innovation On-Demand 70

PYMNTS

OCTOBER 21, 2020

The touchless-payment trend isn’t only a revolutionary eCommerce move for micro and small businesses but can alter the check-out process at large retailers, restaurants and grocery stores. One example is how mobile payments are changing things is the rise of so-called “line-busting.”. Touchless Uptake.

Small Business 109

Small Business Mobile Payment Processing Mobile Payments Payments Trends 109

PYMNTS

MAY 10, 2016

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. That demand is being driven by four key trends that may help to inform what drives consumer payments preferences: Consumers want to feel in control.

P2P 44

P2P Contactless Payments Payments Emerging Payments 44

PYMNTS

OCTOBER 11, 2017

The PYMNTS.com Global Cash Index™ Western and Eastern Europe Analysis also features an interview with Ron Delnevo, Director of ATM Industry Association (ATMIA) that dives into the emerging payment trends in the U.K. many of which, Delnevo said, may prove to be bellwethers for the use of differing payment methods across Europe.

ATM 45

ATM ATMIA Alternative Payment Methods Contactless Payments 45

PYMNTS

JULY 3, 2019

Contactless payments are making their own big play in the FIFA Women’s World Cup France 2019, at least according to new Visa data. Visa also offered more specific data about payment trends during the ongoing international sporting event.

Contactless Payments 43

Contactless Payments Debit Card Payments Payments Trends 43

PYMNTS

DECEMBER 24, 2019

Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1: 5: Contactless More Often In The US. Contactless payments are finally on the upswing in the U.S., 1: Voice — And Now, With Emotion. though more work is certainly needed.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

Fintech Finance

MARCH 13, 2024

Payment Asia , APAC leading payment solutions provider, recently released Hong Kong’s annual payment trends and made predictions for the next year’s payment trends. The history of mobile phone payments can be traced back to 1994.

AI 52

AI Mobile Payments Payments Cross-Border 52

Clearly Payments

NOVEMBER 21, 2023

This article covers the payment trends that are set to shape the Canadian payment industry throughout 2024 and beyond, offering a comprehensive overview to provide businesses and consumers with insight into the exciting developments that lie ahead. You can also look back and review our payment trends of 2023.

Payments Trends 52

Payments Trends BNPL Contactless Payments Online and Mobile Banking 52

National Merchants Association

JUNE 30, 2022

Payment automation and other digital solutions have risen in popularity with the decline of cash payments. With the increase in social distancing due to the pandemic, customers opt for contactless payment options and e-commerce transactions. Some half of the world’s population might choose digital wallets by 2024.

Automation 52

Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Payment automation and other digital solutions have risen in popularity with the decline of cash payments. With the increase in social distancing due to the pandemic, customers opt for contactless payment options and e-commerce transactions. Some half of the world’s population might choose digital wallets by 2024.

Automation 52

Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Payment automation and other digital solutions have risen in popularity with the decline of cash payments. With the increase in social distancing due to the pandemic, customers opt for contactless payment options and e-commerce transactions. Some half of the world’s population might choose digital wallets by 2024.

Automation 52

Automation Payments Transactions Duplicate 52

PYMNTS

APRIL 24, 2020

Developing core banking infrastructures that can properly support a range of financial services is all the more critical in Europe, where a variety of enterprising FinTechs and challenger banks are addressing consumer demand for online banking, contactless payments and advanced financial analytics. Neat is one such FinTech.

Online and Mobile Banking 82

Online and Mobile Banking Origination AI FinTech 82

PYMNTS

DECEMBER 20, 2018

With innovations introducing virtual card technology and data analytics into the fold, the commercial card space is positioning itself to address some of the emerging challenges of business payments in accounts payable and beyond. Payroll company ADP recently estimated that as much as 80 percent of U.S.

Commercial Card 57

Commercial Card Payment APIs and Integration Push-to-Card Addressing 57

PYMNTS

SEPTEMBER 2, 2019

While market conditions can vary, Banga noted that with support, particularly in transit programs, contactless cards encompass the majority of smaller-dollar transactions in a market within four or five years. New York’s MTA went online with contactless payments this summer. Al Kelly, CEO of Visa.

Payments 82

Payments Online and Mobile Banking PayPal Contactless Payments 82

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. Digital payments continue to make inroads everywhere.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

AUGUST 20, 2020

New Payment Trends And The Growing Costs Of Fraud . Consumers translated their worries about traditional payment methods like cash and cards into an increased use of contactless payments and mobile wallets, even in markets like the U.S., In the U.K., where these methods have struggled to gain ground.

Online and Mobile Banking 115

Online and Mobile Banking Privacy Regulations Identity Theft 115