PYMNTS

AUGUST 27, 2019

but my wife and I weren’t carrying cash as frequently as we used to because we were making all of our purchases with our debit cards and credit cards. ,” Sheehan said. So Sheehan decided to build a solution — a debit card for kids that parents could control, or what is known today as Greenlight.

Debit Card 63

Debit Card Financial Literacy Accounts ATM 63

PYMNTS

FEBRUARY 24, 2020

Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. Venmo is not the first company to inch in on the debit card market. Competitors like Greenlight and Step allow parents to manage teen spending on specific debit cards for them.

Debit Card 61

Debit Card Venmo PayPal Accounts 61

PYMNTS

JUNE 16, 2020

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. . Branch , the digital bank startup, is branching out.

Mobile Payments 79

Mobile Payments Contactless Payments Debit Card Visa 79

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method. What Is Debit Card Processing?

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

NOVEMBER 21, 2019

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.

Debit Card 57

Debit Card Visa API NOV 57

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

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

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

Tearsheet

FEBRUARY 7, 2024

This indicates a shift away from physical debit card usage toward using debit cards through digital wallets. McKinsey predicts that more than two-thirds of Americans expect to have a digital wallet within two years, and many will likely hold multiple wallets.

Debit Card 119

Debit Card Online and Mobile Banking Non-Bank Credit Cards 119

PYMNTS

MARCH 19, 2019

Coverage includes Xiaomi’s unveiling of its Mi Pay mobile payment service in India. In addition, the number of people making mobile payments in stores is on the move in Vietnam and more than four in 10 credit and debit transactions were processed through contactless technology in the United Kingdom last year.

Mobile Payments 59

Mobile Payments Debit Card Debit Transaction Contactless Payments 59

Payments Source

JULY 26, 2019

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.

Debit Card 140

Debit Card Digital Payments Payments Transactions 140

PYMNTS

JANUARY 14, 2021

In Pakistan, for firms seeking to spur that adoption and to foster financial inclusion, it’s important to have a “cash in, cash out” mindset, as Erwan Gelebart, CEO of digital wallet, mobile payments and digital banking provider JazzCash , told Karen Webster in an interview.

Mobile Payments 93

Mobile Payments Financial Inclusion Payments Cross-Border 93

Fintech News

AUGUST 12, 2024

This eliminates the need for traditional payment terminals, offering a more cost-effective and flexible payment option. With the NETS SoftPOS app, which is available on the Google Play Store, merchants can accept payments via cards, QR codes, and mobile payment methods.

Contactless Payments 123

Contactless Payments Debit Card Payments ATM 123

Fintech Finance

AUGUST 21, 2024

For example, Italian tourists can download the Italian version of the Alipay App and enjoy mobile payment services in Italian while making offline payments in China. The study revealed that 84% of those surveyed used at least one type of mobile payment in China.

SARS 98

SARS Debit Card Mobile Payments eWallet 98

PYMNTS

JANUARY 26, 2021

The tech will underpin the new global agreement between the two companies, which will allow TransferWise to expand its multi-currency debit cards throughout the Asia Pacific region, Europe, the Middle East, U.K. the release said.

Multi-Currency 134

Multi-Currency Debit Card Agreements Security 134

PYMNTS

MARCH 4, 2019

Only credit cards, debit cards and mobile payments will be accepted at the venue beginning on March 10, Bloomberg reported. To serve the “ underbanked ,” the stadium will have roughly 10 machines that will let users exchange cash (ranging from $10 to $1,000) for a prepaid Visa debit card.

Debit Card 90

Debit Card Reconciliation Payments Adjustments 90

Payments Source

DECEMBER 19, 2018

While credit cards have been around since the 1950s and debit cards introduced years later, they both have become indispensable to the modern consumer. In fact, in certain retail sectors consumers can only use payment cards or mobile payments to make a purchase.

Debit Card 73

Debit Card Credit Cards Mobile Payments Consumer 73

Fintech Finance

DECEMBER 12, 2024

This not only ease the digital transactions but also contributes to the development of a broader digital payments ecosystem. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Security and privacy are at the core of Apple Pay.

Visa 98

Visa Central Bank Debit Card Encryption 98

PYMNTS

FEBRUARY 13, 2019

Kroger , one of America’s largest supermarket chains, is introducing a new mobile payment option and a loyalty rewards card, according to reports. The mobile payment option, called Kroger Pay, is available in any Kroger apps for both Android and iOS. ”

Debit Card 71

Debit Card Mobile Payments Credit Cards Finance 71

Fintech Finance

AUGUST 14, 2024

Merchants can now download the NETS SoftPOS app from the Google Play Store and use their Android smart devices as payment terminals to accept contactless payments. With NETS SoftPOS, merchants will be able to accept contactless transactions from card, QR and mobile payment.

Payment Solutions 98

Payment Solutions Transactions Contactless Payments Payments 98

Stax

MARCH 14, 2024

Currently, in the United States, most credit cards are chip and signature, while most debit cards are chip and PIN. Like magnetic strip credit cards, you sign for a purchase when using a chip credit card. When using a chip debit card, you enter a PIN just as you did with your magnetic strip debit card.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

Fintech Finance

JULY 23, 2024

Credit and Debit Cards Debit cards remain the most popular payment method, accounting for 51 per cent of all payments made in 2023. They are the most used payment method amongst UK consumers across all age groups. It is forecast that over 31 billion payments will be made using debit cards in 2033.

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

Stax

JULY 9, 2024

Digital payment methods essentially make up any payment type that is done digitally. From a consumer’s perspective, that means any transaction that doesn’t need a physical credit card, debit card, prepaid cards, or checks. Setting up mPOS in your business Mobile POS systems are easy to adopt.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

FEBRUARY 21, 2020

Payments usually take place with credit, debit cards or mobile payment apps. The pilot will run until February 2021 and will use blockchain technology, the Riksbank said. More than 50 percent of banks in Sweden don’t have physical cash in their vaults. Cash accounts for 20 percent of merchant transactions.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105

Payments Source

OCTOBER 12, 2018

Cross-border e-commerce is seeing explosive growth, driving a race among payment providers and acquirers to equip online sellers with the technology to accept any kind of payment in virtually any region. Credit and debit cards are the dominant payment type North American merchants accept, but are much less common elsewhere.

Cross-Border 103

Cross-Border Debit Card Acquirers Technology 103

Payments Source

JANUARY 4, 2018

The debit card is growing in popularity in the U.S. for retail transactions, and consequently FIs are making debit a top priority. However, the strength of debit is a double-edged sword.

Debit Card 86

Debit Card Transactions Mobile Payments Payments 86

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

Finextra

APRIL 30, 2024

Viva.com, Europe’s first acquirer powering merchant payments acceptance on any device in 24 markets, enters a strategic partnership with Satispay, the leading mobile payment circuit in Italy independent from credit and debit cards, growing alternative payment options to eliminate the barriers between the physical and online shopping experience for (..)

Debit Card 59

Debit Card Mobile Payments Acquirers Consumer 59

Payments Source

MARCH 31, 2019

Mastercard has spent years attempting to overhaul transit payments to allow riders to pay with a contactless credit or debit card. This time around, it expects Apple Pay to play a significant role.

Visa 87

Visa Debit Card Payments Mobile Payments 87

PYMNTS

JUNE 3, 2020

MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. I would say the most relevant variables across Latin America are banking penetration and credit card penetration,” Gimenez noted.

Online and Mobile Banking 99

Online and Mobile Banking Cross-Border Debit Card Cross-Border Payments 99

Payments Source

FEBRUARY 10, 2019

JPMorgan Chase, Capital One, Citigroup, Pentagon Federal Credit Union and a handful of others have pumped more than 100 million contactless credit and debit cards altogether into the U.S. market recently, but it’s a drop in the bucket in the world’s largest card market.

Credit Union 86

Credit Union Debit Card Contactless Payments Mobile Payments 86

PYMNTS

MAY 6, 2019

website initially only accepted payments from credit and debit cards. Allowing people to pay for government services through Apple Pay and Google Pay means they won’t have to enter their credit or debit card information when making payments,” said Till Wirth, lead product manager of gov.uk

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Debit Card Governance Government Credit Cards 70

Payments Source

NOVEMBER 1, 2017

Startups and banks have watched for years as young consumers shifted from credit cards to debit cards to, finally, P-to-P apps. But what's driving that shift may not be what the providers intended.

Debit Card 72

Debit Card Credit Cards Consumer Mobile Payments 72

PYMNTS

NOVEMBER 19, 2020

Offerings that streamline the purchasing process and allow shoppers to select payment tools are especially likely to win over consumers, Raghupathy said. Creating desirable experiences may entail offering consumers apps that enable them to pay with their choice of credit cards, debit cards, digital wallets or bank accounts.

Mobile Payments 63

Mobile Payments Online and Mobile Banking Payments Real Time Payments 63

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

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

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Online and Mobile Banking 73

Online and Mobile Banking Debit Card ATM Accounts 73