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

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

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

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

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: Venmo also offers an example of P2P expansion. Consumer expectations have evolved, though, as evidenced by the uptake of P2P payment services , such as Zelle and Venmo.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

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