Stax

DECEMBER 6, 2023

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

PYMNTS

OCTOBER 13, 2017

Payments provider Elan Financial Services announced that along with Ondot Systems , the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers two-way fraud alerts for Elan processed debit cards.

Debit Card 47

Debit Card Push-to-Card Fraud Prevention ATM 47

PYMNTS

MARCH 14, 2018

Amazon, the leading eCommerce player, has made a push into the financial market in Mexico, rolling out a debit card this week for the first time ever. According to a report in Reuters, the debit card — called Amazon Rechargeable — is aimed at providing a new way to shop over the Internet.

Debit Card 51

Debit Card Push-to-Card Visa Transactions 51

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. get the 86-page fintech report.

Debit Card 71

Debit Card Checks Accounts FinTech 71

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 52

Fintech News

OCTOBER 10, 2024

Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. This move aims to enhance efficiency, reduce costs, and improve the security of trade finance transactions. Moreover, banks are also beginning to digitize traditionally complex areas.

Payment APIs and Integration 117

Payment APIs and Integration Innovation API Push-to-Card 117

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

Finovate

SEPTEMBER 20, 2024

Benefits to Walmart include lower transaction costs, faster settlement, reduced fraud, and fewer payment declines, while customers can avoid stacked pending transactions. Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. FedNow and RTP, they don’t necessarily talk to one another.

FedNow 52

FedNow Real Time Payments Push-to-Card Credit Cards 52

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

PYMNTS

SEPTEMBER 18, 2020

With a focus on optimizing cash flow for merchant customers, EVO Payments has announced a new feature that enables businesses to access funds from card transactions in real time. The company is using Visa 's Visa Direct solution, which wields Visa's card rails to push funds to debit cards.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

Clearly Payments

SEPTEMBER 16, 2024

As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. Instead of entering a PIN or handling cash, users can simply tap their card or mobile device to complete a transaction in seconds. What are Contactless Payments?

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

PYMNTS

JUNE 22, 2018

” In other news, Net1 Technologies has developed a smart card powered by blockchain technology that can work as a debit card, reports said. The card can work offline and doesn’t need a centralized computer to function. Bithumb might be able to reduce the losses resulting from a recent hack, CoinDesk reported.

Debit Card 40

Debit Card Blockchain Push-to-Card Bitcoin 40

PYMNTS

NOVEMBER 2, 2020

And they don't have ATMs, don’t issue debit cards and offer very limited services beyond being places for consumers to interact with a cashier to deposit or withdraw funds at a counter. So, then I asked: ‘Why don't you issue a debit card?’ But everywhere I went, there were banks all over. or ‘Why don't you put in an ATM?’

Debit Card 84

Debit Card Push-to-Card FinTech ATM 84

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . These safety and convenience considerations are pushing more consumers to use — and more merchants to enable — contactless and CNP payments.

Transactions 52

Transactions Card Issuer Push-to-Card Contactless Payments 52

PYMNTS

JANUARY 8, 2020

As the new year takes shape, the latest test in the push and pull of various stakeholders can be found in India. 17 USD) to 15 rupees on transactions of more than 2,000 rupees, and the cap is 60 basis points. 17 USD) to 15 rupees on transactions of more than 2,000 rupees, and the cap is 60 basis points.

Debit Card 52

Debit Card Push-to-Card Caps Laws 52

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. billion by 2027 , reflecting the indispensable role of these technical maestros in managing transaction authorization and settlement.

Payments 83

Payments BNPL Value Added Service Payment Gateways 83

PYMNTS

NOVEMBER 16, 2020

16) and has already processed 10 million transactions a day. It was developed to provide an alternative to the current transaction models, including checks. In order to transact through the system, users need to register "keys" with their bank or fintech. Real-time payments continue to gain traction around the world.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

PYMNTS

JANUARY 19, 2021

This includes shifts in which consumers are shopping and paying, and in the payment tools or methods they are using to finalize their transactions. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards. Around The Next-Gen Debit World.

Debit Card 62

Debit Card Online and Mobile Banking Push-to-Card P2P 62

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

Tearsheet

MARCH 21, 2024

As Gen Z, influenced by their digital upbringing, pushes for modernization at large, financial firms are faced with the challenge of creating and upgrading products that engage and retain this group’s interest, all while effectively addressing their concerns. Shout out to our sponsor This article is brought to you by StrawberryFrog.

Financial Literacy 59

Financial Literacy Debit Card Credit Cards Push-to-Card 59

PYMNTS

SEPTEMBER 17, 2020

has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic area, according to a Thursday (Sept. To help merchants receive faster access to funds, EVO Payments Inc.

Push-to-Card 83

Push-to-Card B2B Debit Card Payments 83

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

PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option.

Posting 116

Posting Push-to-Card Debit Card On-Demand 116

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 134

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 134

PYMNTS

MAY 6, 2019

Smooth, reliable transactions are critical to commerce. Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . Typical electronic transactions — when customers pay with credit or debit cards — are pull payments. Speed and Certainty.

Push-to-Card 44

Push-to-Card Risk Debit Card B2C 44

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

PYMNTS

AUGUST 3, 2018

Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. They do a lot to push huge costs on the people least able to bear them.”. Overdraft fees can push people out of the banking system,” Saunders said.

ATM 41

ATM Transactions Push-to-Card Debit Card 41

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems.

Payer 67

Payer Real Time Payments Push-to-Card Payee 67

PYMNTS

JANUARY 30, 2020

The banking industry is increasingly favoring self-service, as customers making transactions grow to prefer tellerless ATM and kiosk interactions. Another improvement is what BMO calls “easy PIN authentication,” in which customers use their debit cards — rather than driver’s licenses or state-issued IDs — to verify their identities.

Debit Card 61

Debit Card ATM Push-to-Card Authentication 61

PYMNTS

OCTOBER 10, 2019

That includes the discussion of push payments (in which the account holder sends the money) and pull payments (in which the recipient is authorized to take money from the account). With push payments, the consumer is always in control of a transaction,” LaFleche said. That’s a huge benefit.”. Pull Payment Trends.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

PYMNTS

MAY 2, 2019

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. year over year, spanning peer-to-peer (P2P), Cash Card and Cash for Business transactions. 11, better than the expected $.08.

Volume 56

Volume Debit Card Point-of-Sale (POS) Push-to-Card 56

Clearly Payments

DECEMBER 5, 2023

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

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

FICO

MARCH 1, 2017

If a credit/debit card transaction is deemed as suspicious, banks can alert customers through SMS, as well as through automated voice, mobile application push notifications and emails. The latest fraud scam involves ‘spoofing’ CLI (calling line identity) numbers to respond to SMS fraud alerts intended for customers.

Debit Card 72

Debit Card Push-to-Card Scams Compromise 72

PYMNTS

MAY 5, 2017

When it comes to accessing their money, today’s consumer wants it now, with the push of a button. As they grow bolder with this demand, consumer requirements for speed, simplicity and choice in how they get paid could soon make push payments technology a corporate standard. New Tools on the Block .

Checks 46

Checks Push-to-Card Debit Card Payments 46

PYMNTS

JUNE 2, 2017

Cirrincione described a new payment method for the company, called QuickCard Pay, which enables Allstate customers with approved claims to receive payment instantly, via push payment. To receive instant payments – the funds take about 10 seconds to hit a customer’s account, Cirrincione told PYMNTS – customers must have an existing debit card.

Debit Card 41

Debit Card Push-to-Card Settlement Processors 41

Stax

DECEMBER 20, 2023

This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands. A merchant account is a kind of commercial bank account that is necessary for any business that wants to accept any type of electronic payment such as those made via credit and debit cards.

Underwriting 88

Underwriting Process Payment APIs and Integration Enrollments 88