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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. All you need to use a digital wallet is a smartphone. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years.

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5 ways digital payments are most disruptive in e-commerce

Payments Source

As the e-commerce channel expands its share of total retail sales worldwide, it’s often thought that credit and debit cards are the primary beneficiaries. However, cash still remains a viable payment option for e-commerce transactions — with the help of a third party to handle the payment.

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Wells Fargo Launches Contactless Credit, Debit Cards

PYMNTS

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

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Mastercard Teams With Galileo For Instant Debit Card Issuing

PYMNTS

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

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What is NFC Mobile Payment and How to Use It?

Payment Savvy

Until recently, people made their credit and debit card payments with a bit of distrust because they were afraid of scammers stealing their card information through the card’s magnetic stripe. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers.

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PayPal Boosts Xoom’s Money Transfer Capabilities In US

PYMNTS

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.

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