CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. How the products work.

Debit Card 71

Debit Card Checks Accounts FinTech 71

Nanonets

OCTOBER 15, 2023

PayPal and Stripe are one of the most popular payment processors.  If you need a processor that offers a wide range of features, PayPal may be a good option. In this article, we will compare PayPal and Stripe, and help you understand the key differences so that you can make the best decision for your business.

PayPal 52

PayPal Payment APIs and Integration Processors Wire Transfer 52

PYMNTS

SEPTEMBER 30, 2019

PayPal Holdings announced that it can do business in China after buying a controlling stake in a domestic payments firm. The deal would make PayPal the first foreign firm to enter China’s payment services market. The People’s Bank of China has approved PayPal Information Technologies Co., GoPay), Ltd.,

PayPal 67

PayPal Cross-Border Online and Mobile Banking Debit Card 67

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. In order to receive card-based payments, businesses need to have a merchant account.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

PYMNTS

NOVEMBER 25, 2019

PayPal and Discover have joined forces to allow customers to use the credit card’s Cashback Bonus or Miles to buy things through PayPal, according to a Monday (Nov. Our customers loved seeing PayPal added to this year’s categories in the 5% Cashback program. bank account without the need to share sensitive data.

PayPal 60

PayPal Zelle Online and Mobile Banking Enrollments 60

PYMNTS

SEPTEMBER 30, 2019

PayPal has bought a majority stake in Chinese payments group Guofubao (NationPay), and has acquired a payments license in the country, according to a report by the Financial Times. . PayPal bought a 70 percent stake in the company for an undisclosed amount, and the country’s central bank approved the deal.

PayPal 67

PayPal Online and Mobile Banking Central Bank Cross-Border 67

Payment Savvy

DECEMBER 2, 2022

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? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments?

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. 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.

Payment Gateways 88

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

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Consider the fact that in Mexico it can take four to six months to open a business account — and as much as a year to get access to a debit card. Widening Debit’s Acceptance.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

PYMNTS

APRIL 23, 2018

Using NFC mobile wallets in stores has seen lackluster adoption despite their slick and convenient user experience. Digital wallets are only as convenient as they are useful, and as a form factor substitute for plastic cards, consumers don’t feel they’re much of either. Sang Ahn, VP and general manager of Samsung Pay U.S.

PayPal 66

PayPal Online and Mobile Banking Payments Debit Card 66

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 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

Nanonets

APRIL 29, 2024

QuickBooks Online and QuickBooks Desktop offer several ways to make your vendor payment process easier. In this blog post, you’ll learn how to pay vendors in both online and desktop versions of QuickBooks. If you want to keep your vendors happy, you need to make sure they’re paid on time.

ACH 52

ACH Online and Mobile Banking Returns Void 52

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. Mobile payments are much more secure than cash and checks.

Small Business 88

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

PYMNTS

JANUARY 9, 2018

The same day Google announced it would be collapsing Android Pay and Google Wallet into a single service dubbed Google Pay, reports surfaced that PayPal’s business debit card product is now working with Android Pay before the merger occurs. in 2016, though first only to work with consumer card products.

PayPal 44

PayPal Visa Commercial Card Online and Mobile Banking 44

PYMNTS

JUNE 19, 2018

PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. As for PayPal , it recently bought Jetlore , the artificial intelligence-powered prediction platform.

PayPal 50

PayPal Multi-Currency Debit Card Processors 50

PYMNTS

DECEMBER 16, 2019

Visa, and more specifically Visa Direct, made two great pushes for outward expansion, while Apple is working to push both its new card and its new line of phones, possibly in reaction to its China slowdown. Then there was the pushback of the week, care of PayPal, which is looking for better defined mobile wallet rules from the CFPB.

PayPal 52

PayPal Push-to-Card Consumer Financial Protection Bureau (CFPB) CFPB 52

PYMNTS

JANUARY 26, 2018

After first announcing the service last summer, PayPal has released an instant transfer feature that lets consumers send money from Venmo to their debit cards without waiting days for their funds to appear, The Verge reported. The service will only work with Visa and Mastercard debit cards, however.

Venmo 41

Venmo PayPal Debit Card Online and Mobile Banking 41

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. Transferring money between your own accounts at different banks. These can include using a credit or debit card, an electronic check, or an ACH (Automated Clearing House) transfer. How EFT Payments Work.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

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. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

OCTOBER 5, 2020

Venmo , the mobile payment service owned by PayPal , announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network, according to a press release emailed to PYMNTS. In July, PayPal reported a record second quarter. billion ($1.29

Venmo 90

Venmo Credit Cards PayPal Online and Mobile Banking 90

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The company also provides a card reader and mobile POS app for free. Read on to find out.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Payment Savvy

MAY 10, 2024

With almost 7 out of 10 shoppers abandoning their carts, online businesses face an uphill task to increase sales and profits. Shopping cart abandonment is when online shoppers add items to their cart but leave the site without completing the purchase. Cart abandonment is a major issue faced by ecommerce businesses.

Best Practices 52

Best Practices Online and Mobile Banking Process Payment Solutions 52

PYMNTS

APRIL 23, 2020

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Just what is a bank, anyway? In a recent PYMNTS study , What is a Bank: What U.S. As many as 36.8

Online and Mobile Banking 100

Online and Mobile Banking Checks Debit Card Community Banks 100

PYMNTS

OCTOBER 18, 2019

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Mastercard Partners With Four Retailers for Pay by Bank App. Mastercard Partners With Four Retailers for Pay by Bank App. PayPal Launches Venmo Credit Card.

Venmo 40

Venmo Credit Cards PayPal Visa 40

Stax

AUGUST 20, 2024

Request Quote Understanding Embedded Finance Embedded finance is the seamless integration of financial services and digital banking into conventionally non-financial business services. This infrastructure helps businesses provide financial solutions, such as digital payments, directly on their websites or mobile apps.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Learn More Debit and credit card transactions Perhaps the most commonly known EFT payment type is credit and debit card transactions. Easy to use.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Segpay

JANUARY 10, 2024

8 minute read Spain’s Online Gaming Market has seen massive growth over the years. million) in online sports betting, a spectacular 42.8% million) in online sports betting, a spectacular 42.8% Spaniards engage fervently in various gaming genres, including esports, mobile gaming, console gaming, and online gambling.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Regulatory Compliance Cryptocurrency 52

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. Card Network: The credit card network sends the transaction details to the issuing bank (the customer’s bank) for authorization.

Process 45

Process Processors Online and Mobile Banking Payments 45

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The Weekender can catch you up. Why the disconnect?

Visa 60

Visa Online and Mobile Banking Push-to-Card Digital Currency 60

PYMNTS

AUGUST 3, 2017

About a year ago, Mastercard and Paypal managed to generate some waves by burying the hatchet and working together to make mobile and digital payments more widely accessible to consumers online and offline. PayPal will get to expand its presence at the point of sale by utilizing tokenization services from Mastercard.

PayPal 41

PayPal Visa Online and Mobile Banking APACS 41

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. ACH stands for Automated Clearing House Network. What Exactly is an EFT Transfer?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

PYMNTS

JULY 2, 2020

If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product to buy, fills their cart and hits the checkout button. Maybe the card has expired. If it’s a debit card, bank account or prepaid card, maybe there aren’t enough funds available for the purchase.

PayPal 91

PayPal Issuers Online and Mobile Banking Authorization 91