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

Stax

SEPTEMBER 17, 2024

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.

Payment Gateways 88

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

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Stax

APRIL 30, 2024

This account is used by banks to temporarily hold funds from credit or debit card payments or other electronic transactions. Once the bank verifies and approves the payment, the funds are transferred from the merchant account to your business account. Easy switch between POS and mobile payments using the Stax app.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

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

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

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%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

JANUARY 5, 2024

Let’s take a look at some payment terminal options and the types of businesses that best match their features. TL;DR A credit card terminal is a device commonly used by businesses to handle credit and debit card transactions. There are many different types, including some that can take payments on the road.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

PYMNTS

APRIL 17, 2018

PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento.

PayPal 40

PayPal Point-of-Sale (POS) Online and Mobile Banking Debit Card 40

Clearly Payments

FEBRUARY 14, 2024

Furthermore, global payment volume reached a staggering $31.7 The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. trillion in payment volume. The global payment gateway market is projected to reach $49.7

Payments 78

Payments BNPL Value Added Service Payment Gateways 78

PYMNTS

FEBRUARY 28, 2019

These trends included double-digit gross payment volume (GPV) growth, as measured year on year, double-digit transaction gains and traction in newer technology offerings — such as point-of-sale (POS) financing to help sellers log their own top-line growth. per share missed the Street estimate of $0.11.

Debit Card 68

Debit Card Payroll Point-of-Sale (POS) Underserved 68

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

PYMNTS

SEPTEMBER 7, 2018

In terms of events, fans went all-out at the end of the tournament, as the France versus Croatia match on July 15 had the highest payment volume of the 64 matches. In addition, fans could purchase one of 6,500 payment rings, 30,000 payment bands, and commemorative contactless Visa prepaid cards.

Contactless Payments 49

Contactless Payments Point-of-Sale (POS) Debit Card Payments 49

Stax

MARCH 14, 2024

Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot. Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

MARCH 7, 2018

TouchBistro, the provider of iPad point-of-sale (POS) software for restaurants, has announced the launch of TouchBistro Payments powered by WePay. The WePay relationship will enable TouchBistro to market its restaurant POS solution on Chase.com and other channels.

Instant Payments 40

Instant Payments Process Point-of-Sale (POS) Payments 40

Stax

OCTOBER 14, 2024

Ensure that the processor you choose can work seamlessly with your existing point-of-sale (POS) system, eCommerce platform, or accounting software. This integration may be pre-built by the payment processor, or may be available for your team to build on an API.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

PYMNTS

JULY 9, 2019

Since each customer has their own unique card, the store can track shoppers with an assist from security cameras. Customers can select items and check themselves out with a tablet-based point-of sale (POS) system that accepts credit and debit cards. Mobile payments have been slow to take off in the U.S.,

Automation 72

Automation Point-of-Sale (POS) Mobile Payments Value Added Service 72

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

PYMNTS

APRIL 15, 2020

Drilling down a bit into transactions, card fees were down 13 percent from the fourth quarter of 2019 to $892 million, due in part to lower consumer spending amid the pandemic. billion, also on reduced customer spending.

Point-of-Sale (POS) 60

Point-of-Sale (POS) Debit Card Online and Mobile Banking Credit Cards 60

Stax

APRIL 11, 2024

Now, let’s break down various other terminology related to payment management systems you’ll encounter in your small or medium business: Merchant account providers act as a middleman between your business and the bank, allowing you to accept credit and debit cards. What Are the Benefits of a PMS?

Payments 88

Payments PCI DSS Compliance Processors 88

PYMNTS

SEPTEMBER 23, 2020

They want to shift those deposit dollars sitting in those savings and checking accounts onto the debit card and other card products to be spent.”. Piatt said card-present transactions have fallen by as much as 20 percent during the pandemic, but card-not-present transactions have bounced up by 40 percent.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

APRIL 4, 2017

Mobile payments might be all the rage in Europe, but they are seemingly far from replacing good old cash. In fact, when it comes to picking a payment method, most European consumers pick cash even over credit and debit cards.

Point-of-Sale (POS) 45

Point-of-Sale (POS) Payments Debit Card Central Bank 45

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

PYMNTS

JULY 26, 2018

In terms of events, fans went all-out at the end of the tournament, as the France versus Croatia match on July 15 had the highest payment volume of the 64 matches. In addition, fans could purchase one of 6,500 payment rings, 30,000 payment bands, and commemorative contactless Visa prepaid cards.

Contactless Payments 41

Contactless Payments Point-of-Sale (POS) Payments Debit Card 41

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. In our last edition, we spent time in Spain with wealthtech GPTadvisor.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Nanonets

FEBRUARY 21, 2024

Introduction Cash reconciliation remains a critical process in today’s retail environment, despite the shift from traditional cash registers to advanced point-of-sale (POS) systems. Although the process is foundational for maintaining operational integrity, it can be intricate and susceptible to human mistakes.

Reconciliation 52

Reconciliation Best Practices Automation Point-of-Sale (POS) 52

Stax

JUNE 9, 2024

Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective.

Credit Cards 88

Credit Cards Process CRM Point-of-Sale (POS) 88

PYMNTS

JULY 16, 2018

Overall, Visa was the exclusive payment service in all stadiums where payment cards were accepted. In-stadium, fans had the ability to pay with contactless Visa credit and debit cards and mobile payment services at the more than 3,500 point-of-sale (POS) terminals and 1,000 mobile concessionaires.

Contactless Payments 40

Contactless Payments Point-of-Sale (POS) Payments Volume 40

Clearly Payments

DECEMBER 5, 2023

This involves the actual movement of money between financial institutions Reporting and Reconciliation: Payment processors provide merchants with reporting and reconciliation tools, allowing them to track transactions, analyze financial data, and reconcile accounts.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. Payment links: Payment links are URLs that merchants can send to their customers to facilitate payments.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

PayHawk

APRIL 18, 2023

Check Conversion The process of converting a paper check into an electronic payment, typically at the point of sale. D Debit Card A payment card that enables the cardholder to withdraw funds from their bank account or make purchases with funds available in the account.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

FICO

APRIL 29, 2022

Will Zelle Join Apple Pay, GooglePay and Credit Cards at Point of Sale? For the options available at point of sale (POS), along with credit cards and a host of “-Pay” apps, consumers may soon have another choice on the check-out screen at US retailers: Zelle. Multiple Channels Increase Fraud Exposure.

Retail Payments 52

Retail Payments Zelle Romance Scams Consumer 52

PYMNTS

NOVEMBER 18, 2019

For online transactions, he told PYMNTS, merchants can prod consumers to consider an alternative form of online payment, done across real-time rails and through a request for payment. But, he added, there’s an incentive for merchants to shift to real-time payments. It’s to the merchant’s benefit to get money sooner,” he said.

Real Time Payments 49

Real Time Payments Consumer ISO 20022 Online and Mobile Banking 49

PYMNTS

AUGUST 22, 2016

There was a time when it seemed that ubiquity would become the focal point of full-service and mobile payments systems. Experts believed that universally accepted mobile wallets from trusted companies like Apple or Samsung would dominate the new wave of payments. Around the full-service payments world.

EMV 58

EMV Payments Ubiquitous Debit Card 58

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

EBizCharge

MAY 20, 2024

Payment gateway: NetSuite payment gateways act as digital conduits connecting a merchant’s payment system to the payment processing network. Payment processor: A NetSuite payment processor handles credit card payment details.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52