PYMNTS

DECEMBER 3, 2020

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. Additionally, the initiative can serve the gig economy through offering real-time payments to any account.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

PYMNTS

JUNE 16, 2020

Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. .

Mobile Payments 79

Mobile Payments Contactless Payments Debit Card Visa 79

PYMNTS

NOVEMBER 19, 2020

PayPal is upping its mobile payments game. 19) unveiled a major upgrade to Xoom , enabling customers across the United States to use the mobile payments app to send money straight to the bank account of a family member, friend or another recipient. PayPal on Thursday (Nov. More than a third of Xoom users across the U.S.

PayPal 105

PayPal Debit Card Mobile Payments NOV 105

PYMNTS

JANUARY 14, 2021

In the move toward digital payments in cash-centric economies, building trust in bank accounts and payments done in bits and bytes is critical. Call it a way of bridging the divide between digital transactions and those rendered in bills and coins. That footprint is important,” Gelebart noted. Cash In, Cash Out .

Mobile Payments 93

Mobile Payments Financial Inclusion Payments Cross-Border 93

PYMNTS

APRIL 24, 2017

UBS announced Friday (April 21) that it has launched UBS Twint, a mobile payment app. The digital payment app is free for anyone with a UBS account or Swiss credit card of any kind. Payments made with Twint are debited directly to the bank account or credit card, UBS said.

Mobile Payments 43

Mobile Payments Debit Card Credit Cards Payments 43

PYMNTS

SEPTEMBER 22, 2016

New research released by Moneris Solutions revealed that there is a growing interest in mobile payments among Canadians. A shift towards the use of digital payment technologies, such as mobile wallets, may help support the rise of contactless transactions in Canada.

Mobile Payments 72

Mobile Payments Credit Cards Payments Debit Card 72

Fintech News

JULY 3, 2024

Top digital financial platforms in Vietnam by penetration rate (%), Source: The Connected Consumer Q4 2023, Decision Labs, 2024 This came amid the entry of Apple Pay in the Vietnamese market in August 2023. Apple Pay is a mobile payment service that allows users to make payments in person, in iOS apps and on the web.

Finance 112

Finance Online and Mobile Banking Micro-Entry Non-Bank 112

Fintech Finance

AUGUST 28, 2024

To enhance its conventional and Islamic banking applications with digital payment capabilities, BankDhofar has implemented the Entrust Digital Card Solution for Tap to Pay services and tokenization enablement – making BankDhofar one of the first banks in Oman to enable Tap to Pay services to its customers.

Push-to-Card 97

Push-to-Card Payments Debit Card Contactless Payments 97

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan.

Debit Card 52

Debit Card Finance Blockchain Non-Bank 52

The Fintech Times

AUGUST 14, 2024

In the UK, 87 per cent of consumers use credit or debit cards to make a payment and 75 per cent still use cash, Xero has revealed. Meanwhile, 47 per cent of Gen Z consumers only take their mobile phone to pay when they go to the shop.

Small Business 64

Small Business Debit Card Payments On-Demand 64

The Fintech Times

APRIL 29, 2024

Alipay+ has signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO). The news after China’s central bank, the People’s Bank of China , has been guiding banks and mobile payment companies to take measures to optimise payment experience for international visitors.

SARS 72

SARS Online and Mobile Banking eWallet Mobile Payments 72

PYMNTS

APRIL 13, 2018

To enable mobile payments, the Washington Metropolitan Area Transit Authority (WMATA) is working with its fare payment vendor to upgrade its payment capabilities. WMATA seeks to be “mobile ready” by 2019, the agency said in a statement.

Mobile Payments 50

Mobile Payments Payments Debit Card Authorization 50

PYMNTS

MAY 31, 2019

The Rapid Rise of Digital Payment Domination. To say that digital payment methods rule in Sweden today isn’t an overstatement. Those digital transactions, according to the study, fall into two major areas: card-based payments and mobile payments.

Digital Payments 71

Digital Payments Payments Debit Card ATM 71

PYMNTS

JANUARY 18, 2017

Wirecard, the digital payment company, announced Tuesday (Jan. 17) it is rolling out its mobile payment solution, boon, in France. This enables users to add to their account via wire transfer, debit or credit card. In a press release , Wirecard said that, after initially launching boon in the U.K.

Mobile Payments 46

Mobile Payments Wire Transfer Credit Cards Debit Card 46

PYMNTS

NOVEMBER 19, 2020

Some of the smallest businesses, like pushcarts selling fruits and vegetables, are now posting QR codes to facilitate app-based purchasing, for example, and more companies have started selling their goods and services via websites and mobile platforms. Merchants are also finding that they need to get online, he added.

Mobile Payments 63

Mobile Payments Online and Mobile Banking Payments Real Time Payments 63

EBizCharge

MARCH 12, 2024

Receiving payments rapidly can be particularly beneficial for small businesses needing access to funds to cover expenses or invest in growth opportunities. This payment method can improve cash flow by reducing the risk of late or missed payments. Users can link their preferred payment method (i.e.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

PYMNTS

SEPTEMBER 7, 2016

Ideal Payments announced on Tuesday (Sept. 6) it has partnered with Taif Money Transfer, the Iraqi money transfer service, to roll out Taif eWallet, Iraq’s first mobile payment app. The app enables customers to make and receive payments using their mobile phones. “We

Mobile Payments 40

Mobile Payments Payments eWallet Debit Card 40

PYMNTS

SEPTEMBER 17, 2020

The Jacksonville Jaguars are now allowing QR-based mobile payments at retailers and concessions at the TIAA Bank Field Stadium through a mobile Jags Pay wallet in the official team app, according to a report from NFCW. Supporters have already been using the app to access tickets on game day to enter the stadium.

Debit Card 130

Debit Card Mobile Payments Returns Economy 130

PYMNTS

JANUARY 14, 2020

For starters, Zelle ’s Q3 results showed that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent. For its part, Venmo now has an option to transfer money to the bank without a debit card for the same fee. Payments Stickiness .

Digital Payments 64

Digital Payments Innovation P2P Credit Cards 64

Clearly Payments

FEBRUARY 19, 2024

Businesses that don’t adapt to these changes and offer secure, convenient payments will find competing very difficult. This article explores the current landscape of payment processing in the USA, focusing on the rise of digital, market sizing, and digital payments, and its impact on businesses.

Process 75

Process Digital Currency Online and Mobile Banking Payments 75

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Payment Savvy

JULY 12, 2024

Each transaction incurs fees the card issuer sets, varying based on the card type and associated risks. Debit cards typically carry lower fees due to lower payment risk, whereas credit cards involve higher fees to offset potential defaults. Pros: No fees for bank account or debit card transactions.

Debit Card 52

Debit Card Online and Mobile Banking Payments Zelle 52

EBizCharge

AUGUST 12, 2024

Thus, merchant acquirers are essential since they ensure a secure and efficient backend infrastructure for credit and debit card transactions. Finding the best merchant acquirer for your business Choosing the right merchant acquirer is crucial for businesses of any size that want to accept credit card and debit card payments.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

PYMNTS

JANUARY 4, 2019

The workers responsible for the day-to-day operations have a more favorable view of debit cards than customers (93 percent compared with 82 percent), as well as good old-fashioned cash (93 percent to 80 percent) and gift cards (85 percent to 72 percent). In total, customers’ mobile payment use at QSRs is only 5.5

Debit Card 70

Debit Card Point-of-Sale (POS) Mobile Payments Research 70

PYMNTS

APRIL 10, 2019

These are just some of the ways firms are enabling payments for the contactless consumer with the help of mPOS technology, along with some of the latest trends in the space: One hundred fifty million U.S. consumers are expected to use in-store mobile payments by 2021. Businesses pay 2.75

Contactless Payments 103

Contactless Payments Point-of-Sale (POS) Debit Card Payments 103

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. At its core, it involves the authorization, capture, and settlement of transactions.

Process 45

Process Processors Online and Mobile Banking Payments 45

PYMNTS

SEPTEMBER 1, 2016

Alphabet , the parent of Google, is getting into the digital payments market in Japan, inking a deal with Mitsubishi UFJ Financial Group (MUFG) for its Android Pay platform. According to a report , which cited a person with knowledge of the matter, the move is designed to get into Japan’s fast-growing digital payments market.

Digital Payments 41

Digital Payments Debit Card Card Association Payments 41

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. These are the most common: 1.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

SEPTEMBER 30, 2020

This week’s commercial card innovation tracker finds a tie-up between a FinTech and a neo-bank to make cards available for Google Pay, as well as a Tokenization-as-a-Service offering from a card issuing platform. FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards.

Innovation 77

Innovation Card Issuer Debit Card PayPal 77

PYMNTS

DECEMBER 7, 2018

Also in September, Australia’s ANZ bank added Google Pay for its personal Visa credit and debit card users. The system lets customers make online or in-store payments, all using the mobile app. This would allow people to send money to each other by scanning their phone screens.

Credit Union 52

Credit Union Mobile Payments Online and Mobile Banking Community Banks 52

PYMNTS

APRIL 10, 2019

s ENOC ’s launch of a mobile option for fuel and non-fuel items. The function will be available on light rail, ferries, trains and intercity rail where Opal takes credit or debit cards. Coverage includes the U.A.E.’s Trips will be priced at “the standard, or peak, adult fare rate” per the outlet.

Mobile Payments 40

Mobile Payments Non-Bank Payments Debit Card 40

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

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Pre-pandemic, 62.3% per transaction.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

JULY 30, 2019

FinTech startup Flutterwave is teaming up with Alipay to offer digital payments between Alipay and African merchants. Founded in Nigeria, Flutterwave is a a payments API that makes it easier for banks and businesses to process payments across Africa.

Transactions 76

Transactions Payment APIs and Integration Cross-Border Payments Cross-Border 76

PYMNTS

MARCH 11, 2019

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. From Walgreens to HP , retailers and technology providers are embracing the world of mobile payments through the help of point-of-sale technology.

Technology 85

Technology Point-of-Sale (POS) Mobile Payments Debit Card 85

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. Visa and dtcpay announce strategic partnership to enhance digital payments in Singapore.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

SEPTEMBER 5, 2019

Commercial card spending was $1.39 Consumer card spending was $4.74 Commercial card spending accounted for 24.8 Founded in 1971, The Nilson Report provides news and information about the global card and mobile payment industry. trillion last year. percent of all purchase volume at Mastercard in the U.S.

Commercial Card 75

Commercial Card Cross-Border Visa Issuers 75