Fintech Finance

APRIL 2, 2025

According to Visa , digital wallets are projected to account for over 52% of global e-commerce transactions by 2025. This trend underscores a significant shift in consumer behavior towards mobile-enabled, contactless payments. For myTUs individual clients, Google Pay brings ease and convenience to everyday transactions.

Contactless Payments 52

Contactless Payments Security Online and Mobile Banking Debit Card 52

The Fintech Times

MARCH 19, 2025

The Financial Conduct Authority (FCA) is reviewing whether the 100 contactless limit should be removed or increased, aiming to give consumers and businesses more flexibility while keeping fraud protections in place. The consultation is part of wider efforts to encourage innovation in payments and support economic growth.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

Fintech Finance

JANUARY 28, 2025

This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware. When a payment is processed, Apple doesnt store card numbers or transaction information on the device or on Apple servers.

Contactless Payments 98

Contactless Payments Debit Card Credit Cards Security 98

Clearly Payments

OCTOBER 1, 2024

The main cost for merchants to accept credit cards is the interchange fee , a fee paid by merchants to the card-issuing bank each time a credit card transaction is processed. Understanding Interchange Fees Interchange fees are an integral part of the payment processing system. and the merchant’s industry.

Contactless Payments 104

Contactless Payments CHIPS Credit Cards EMV 104

PYMNTS

OCTOBER 5, 2020

The retailer said the move will allow customers to complete in-person transactions using PayPal or Venmo account balances or linked bank accounts or payment cards without the need to touch a keypad or present a payment card. Prior to the pandemic, few consumers had experimented with contactless payments at all.

Contactless Payments 144

Contactless Payments Consumer PayPal Payments 144

Fintech Finance

JUNE 6, 2024

Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. Contactless payments have helped shape the way consumers pay.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Payments Gateways 105

Fintech News

SEPTEMBER 18, 2024

This initiative aims to accelerate the adoption of contactless payments in the Asia-Pacific region by providing eligible merchants with Android devices valued at over 3.25 This service allows merchants to accept contactless payments via their mobile devices, eliminating the need for traditional POS systems.

Contactless Payments 124

Contactless Payments Visa Debit Card Payments 124

NFCW

MARCH 18, 2025

The UK’s Financial Conduct Authority (FCA) has begun a public consultation on proposed plans to either significantly increase or remove altogether the current 100 (US$129.83) limit on contactless card transactions. The FCA has set out its thinking in an engagement paper on contactless payment limits.

Transaction Limits 71

Transaction Limits Regulations Transactions Fraud Prevention 71

Fintech Finance

MARCH 12, 2025

enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone. These transactions sync directly to their QuickBooks Online account, allowing them to seamlessly manage and reconcile these payments and keep their books up to date, on a single platform.

Contactless Payments 52

Contactless Payments Point-of-Sale (POS) Small Business Payments 52

Clearly Payments

DECEMBER 19, 2024

The global volume of digital payments will reach over $10 trillion by the end of 2024, a sharp increase from $8.3 This explosive growth is fueled by the rapid adoption of e-commerce, contactless payments , and fintech innovations. In 2024, theyre expected to account for nearly a third of all global transactions.

BNPL 105

BNPL Contactless Payments Processors Payments 105

Fintech Finance

OCTOBER 30, 2024

The functionality allows businesses, such as Fresha , the world’s #1 booking platform, marketplace and payments system for beauty and wellness, to use an iPhone to accept contactless payments, without the need to purchase or manage additional hardware. We’re proud to be expanding it to new countries together with Apple.”

Contactless Payments 87

Contactless Payments Debit Card Encryption Security 87

NFCW

APRIL 3, 2025

of all eligible in-store card transactions were made using contactless in the UK in 2024, Barclays reports, “surpassing the previous years record of 93.4%” Shoppers also used the technology more frequently in 2024 on average, 236 times across the year compared to 231 times in 2023. .

CHIPS 89

CHIPS Contactless Payments Mobile Payments Transactions 89

Clearly Payments

MARCH 14, 2025

A credit card transaction is a process involving multiple entities, complex technology, and rigorous security protocols. This article covers the anatomy of a credit card transaction and provides insight into the technological infrastructure that supports modern commerce. credit card payments surpassed $10.6 Visa, Mastercard).

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

NFCW

JANUARY 16, 2024

The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.

Contactless Payments 122

Contactless Payments Research Consumer Central Bank 122

NFCW

JUNE 27, 2024

To use the service, the merchant enters the transaction amount in the usual way and the customer then taps their contactless card to the merchant’s payment terminal. If the amount is over €50, they will then be prompted to enter their PIN so that the transaction can then be authorized.

Contactless Payments 103

Contactless Payments Transaction Limits Payments Payment Networks 103

Fintech Finance

NOVEMBER 21, 2024

This collaboration aims to transform the payment landscape in Senegal, Côte d’Ivoire, and Benin. The solution is also designed to support merchants by driving payment acceptance through advanced technologies such as QR Pay, Pay by Link and contactless payments.

Visa 103

Visa Technology FinTech Financial Inclusion 103

Fintech Finance

JUNE 25, 2024

MuchBetter’s contactless payment ring functions just like any other payment device, and can be used to make payments all over the world, anywhere that Mastercard is accepted, just by tapping the ring on the contactless payment terminal. delivery charge to get their hands on the ultra-stylish ring.

Contactless Payments 98

Contactless Payments Payments Visa CHIPS 98

Fintech Finance

JULY 31, 2024

This is part of Visa’s commitment to empower Vietnamese SMBs and boost the national economy, by accelerating their contactless payment acceptance. The toolkit also showcases the universal Contactless Indicator featured on contactless Visa cards and the Contactless Symbol present on all contactless readers.

Contactless Payments 98

Contactless Payments Online and Mobile Banking Payments On-Demand 98

NFCW

DECEMBER 11, 2023

SOFTPOS: The refurbished NFC phones enable vendors to accept payments without a separate device Big Issue magazine is enabling its street vendors in the UK to accept contactless payments for copies of the publication directly on NFC smartphones without needing an additional card reader.

Contactless Payments 120

Contactless Payments Payments Origination Government 120

Fintech Finance

JULY 23, 2024

Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 The following chart shows payment volumes across different payment methods from 2013 to 2023. Contactless and mobile contactless payments Usage of contactless and mobile contactless payments continued to increase.

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

Fintech Finance

OCTOBER 16, 2024

Today, Helcim , a leading provider of payment solutions, now enables its U.S. customers to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

Contactless Payments 97

Contactless Payments Debit Card Payments Payment Solutions 97

Fintech Finance

JULY 30, 2024

Building on the success of last year’s inaugural event, this year’s gathering emphasized the importance of cybersecurity and the growing adoption of contactless payments. increase in fintech transactions in Q1 2024, reaching GH¢576.03 The event featured a panel session on “Contactless Payments – The New Paradigm.”

Contactless Payments 98

Contactless Payments Cybersecurity Visa FinTech 98

Fintech Finance

SEPTEMBER 19, 2024

The number of contactless payments in Canada increased by 17% in 2023 to reach 63% of all in-store payments, according to the recently released Canadian Payments Forecast, 2024, published by Technology Strategies International Inc. We have seen a huge increase in the use of wearables to make contactless payments.

Contactless Payments 98

Contactless Payments Transactions Credit Cards Mobile Payments 98

Fintech News

APRIL 16, 2025

IDEMIA Secure Transactions (IST) has partnered with the National Payment Corporation of Vietnam ( NAPAS ) to help expand the country’s digital payments infrastructure. Through the partnership, NAPAS will integrate ISTs tokenisation technology into its domestic payment network, which connects over 40 banks.

Digital Payments 63

Digital Payments Payment APIs and Integration Contactless Payments Non-Bank 63

Fintech Finance

SEPTEMBER 6, 2024

tapeeno , UTP’s app for micro-merchants, has enabled its merchants in the UK to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

Contactless Payments 98

Contactless Payments Micro-Entry Debit Card Payments 98

Payments Source

MARCH 21, 2021

Early in the pandemic, Michigan's Astera Credit Union realized that if it could not support touchless transactions, its members were likely to go elsewhere. ]].

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Credit Union Contactless Payments Transactions Payments 154

NFCW

JANUARY 22, 2025

Mastercard is testing a new service that enables cardholders to simply tap their contactless bank card to their NFC smartphone in order to complete an ecommerce or other card-not-present transaction, executive vice president Jennifer Marriner has revealed.

Visa 117

Visa Online and Mobile Banking Payments Contactless Payments 117

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

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Process ISOs Credit Cards Online and Mobile Banking 105

Payments Source

MAY 28, 2020

About 78% of Mastercard’s European transactions are now contactless, and the company expects the shift in payment choice will be permanent.

Contactless Payments 141

Contactless Payments Visa Payments Transactions 141

Stax

APRIL 10, 2025

Contact us 10 Top Payment Methods for Small Businesses Credit and debit card payments Card payments (credit cards and debit cards) account for 50% of the total number of small business transactions and remain the primary way customers make purchases on-site and online.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Fintech Finance

JANUARY 16, 2025

Starting today, PhotonPay , a digital financial infrastructure, will support Google Pay, enabling cardholders to take advantage of simple and secure contactless payments and digital card storage on both Android devices and WearOS.

Visa 98

Visa Embedded Finance Contactless Payments Privacy 98

Fintech Finance

APRIL 14, 2025

This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

Contactless Payments 59

Contactless Payments Debit Card Security Credit Cards 59

Fintech Finance

NOVEMBER 26, 2024

This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale (POS) devices. SoftPos, which meets MPOC and CPOC standards, allows businesses of all sizes to process secure contactless payments directly from smartphones, significantly improving payment efficiency and accessibility.

Point-of-Sale (POS) 98

Point-of-Sale (POS) FinTech Contactless Payments Digital Payments 98

Stax

MARCH 13, 2025

Behind every seamless payment card transaction is a complex network of banks, credit card companies, and payment systems working together to transfer money from the customer to the merchant. The interchange fee usually includes a percentage of the card transaction value and an additional fixed charge.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Fintech Finance

SEPTEMBER 20, 2024

With 94% of riders expecting public transit to offer contactless payment, transport operators across the U.S. are upgrading to open-loop ticketing systems, where a payment card or mobile device is used in place of a ticket, to streamline the payment process and provide a more seamless passenger experience. .’

Contactless Payments 96

Contactless Payments PCI DSS Payment APIs and Integration Gateways 96

Fintech Finance

APRIL 7, 2025

Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform. The platform will equip small businesses with fast, secure, and cost-effective customizable solutions for accepting digital payments.

Visa 85

Visa Digital Payments Payment Solutions Payments 85

The Payments Association

AUGUST 15, 2024

The history of payments has seen significant innovations, from gold and coins to cheques, wire transfers, and electronic payments. The advent of mobile payments marked a major shift, offering seamless, on-the-go transactions, with the market expected to grow rapidly.

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Wire Transfer Transactions Contactless Payments Wires 100