The Fintech Times

FEBRUARY 29, 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. “Brazil, for example, has been the site of the development and roll-out of bank transfer methods such as PIX and QR-code-driven payments.

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Payments Trends Online and Mobile Banking Payments Instant Payments 59

Stax

JULY 9, 2024

More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. This post covers everything you need to know about EFT payments.

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

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. PayPal’s Global Push. in August, and Pay in 3 in the U.K. earlier this month.

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BNPL Payments Trends PayPal Payments 77

Clearly Payments

MARCH 18, 2024

The Decline of Cash Use As we march further into the digital age, the realm of consumer payments is witnessing a seismic shift, notably marked by the decreasing dominance of cash transactions. Fast forward to 2024, and the downward trend persists, with reports indicating that cash payments now represent a mere 16% of all transactions.

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Credit Cards Federal Reserve FedNow Online and Mobile Banking 94

PYMNTS

DECEMBER 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. She explained that consumers do not generally think much about the payments piece of the shopping experience unless it does not work. Contactless Payments And eCommerce.

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Consumer Contactless Payments Payments Authentication 139

The Fintech Times

JUNE 11, 2024

A lack of omnichannel payment options is a primary pain point for consumers, with 86 per cent of merchants agree their payment experience requires improvement. The research study uncovers key insights into merchant payment trends in response to customer payment priorities, merchant pain points and advancements in digital payments.

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Contactless Payments Payments Trends Use Case Payments Tools 59

Fintech Finance

APRIL 17, 2024

The Spanish card payments market is forecast to grow by 8.9% billion) in 2024, supported by a constant consumer shift towards electronic payments, according to GlobalData , a leading data and analytics company. GlobalData’s Payment Cards Analytics, reveals that card payment value in Spain registered a growth of 22.5%

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

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.

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

Neopay

JANUARY 25, 2024

From consumer to business payments to cross-border transactions, cash is no longer king. Alternative payment methods are on the rise as the demand for real-time payments soars, including contactless, which has transformed into a mainstream financial tool.

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

PYMNTS

OCTOBER 23, 2020

Most retailers survive by staying in tune with customers’ preferences and providing the features and payment methods they crave. Contactless payments usage is also expanding during the pandemic, even for population segments that were previously unenthusiastic about the technology. Following Consumers' Complex Payment Needs .

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

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. A lot has changed in 20 years, and businesses must either adopt a modern and mobile payment infrastructure or risk becoming about as relevant as the cash register in a mall department store.

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Mobile Payments Online and Mobile Banking Debit Card Payments 88

Fintech Finance

FEBRUARY 22, 2024

Visa , a world leader in payments, today announced the opening of its transformed Singapore Innovation Center, a dedicated space for partners, clients and businesses in Asia Pacific. The Visa Singapore Innovation Center represents Visa’s vision of shaping tomorrow’s payments possibilities.

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Innovation Embedded Finance Payments AI 52

The Payments Association

SEPTEMBER 30, 2024

The challenges and priorities facing merchants in the evolving payments landscape over the next 12 months. It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Why is it important? What’s next?

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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. Grocery retailers are also confronting the need for payment solutions that can swiftly handle that volume, Snyder said. .

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Contactless Payments Volume Consumer EMV 57

PYMNTS

APRIL 23, 2020

Can software providers — independent software vendors (ISVs) and payment facilitators (PayFacs) among them — help their merchant clients pivot as they scramble to reinvent themselves amid the continuing coronavirus pandemic? And then with payment itself, you’re not handing over a card.”. Refocusing On Omnichannel.

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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

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Automation Debit Card Identity Theft Contactless Payments 75

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. The study examined their behaviors, attitudes and perception about the emerging payments environment and how receptive they might be to new payments methods.

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P2P Contactless Payments Payments Emerging Payments 44

PYMNTS

NOVEMBER 9, 2016

That’s according to the Sage Payments Landscape report on U.S. 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 index looks at business and technology trends impacting U.S.

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Contactless Payments Payroll Innovation Payments Trends 70

PYMNTS

OCTOBER 21, 2020

21) that the company is expanding its contactless Tap To Phone (TTP) payment systems to more than 15 markets worldwide, with plans to bring the mobile tech to the United States sometime next year. And this new solution [TTP] will facilitate the more seamless, flexible and convenient payments process that people are after.”.

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Small Business Mobile Payment Processing Mobile Payments Payments Trends 109

PYMNTS

OCTOBER 11, 2017

Even with the growth of contactless and digital payments in Western and Eastern Europe, cash continues to cut itself a lion’s share of the payments pie — at least, when it comes to retail transactions. With a growing availability of payment options, European consumers are increasingly using a mix of payment methods.

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ATM ATMIA Alternative Payment Methods Contactless Payments 45

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: The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. 5: Contactless More Often In The US. 1: Voice — And Now, With Emotion.

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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.

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Contactless Payments Debit Card Payments Payments Trends 43

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. Payment channels.

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AI Mobile Payments Payments Cross-Border 52

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

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Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

Automation 52

Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

Automation 52

Automation Payments Transactions Duplicate 52

PYMNTS

SEPTEMBER 2, 2019

There was no shortage of things to watch this summer for payments and commerce peeps. Whatever else comes of its – Facebook took the title for “payments story of the summer” with the announcement of its Libra cryptocurrency project , which aims to connect the approximately 1.7 Mark Zuckerberg, CEO of Facebook.

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Payments Online and Mobile Banking PayPal Contactless Payments 82

Clearly Payments

NOVEMBER 21, 2023

As we move into 2024, the world of payment processing will continue to evolve and innovate. In Canada, a nation celebrated for its rock solid banking and financial systems, which have consistently embraced pioneering technologies, the payment landscape stands as a testament to this ongoing commitment to progress.

Payments Trends 52

Payments Trends BNPL Contactless Payments Online and Mobile Banking 52

PYMNTS

APRIL 24, 2020

Building features out onto the cloud, for example, can create more flexibility to support a range of personalized financial features, according to Nathalie Oestmann, chief operating officer at aggregated payment card provider Curve. Neat is one such FinTech. dollars, British pounds and the euro. New Features and Technologies.

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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.

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

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. 3: Via Automatic Payments. 5: With Payment Cards.

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Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

AUGUST 20, 2020

. — are still debating how these rules should be designed to authenticate both customers and digital payments. New Payment Trends And The Growing Costs Of Fraud . Both fraudsters and regulators are responding to consumers’ and merchants’ payment needs, which dramatically shifted nearly overnight. In the U.K., and the U.S.

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