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Visa Rolls Out Card Payouts, Pushing Payments To Gig Workers

PYMNTS

The gig economy is growing. To that end, Visa announced Tuesday (April 2) that it has introduced Card Payouts, an app designed help mid- to large-sized businesses manage cash flow — and speed payments to gig economy workers, to boot. and Europe derive some or all of their income from independent work.

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Fighting Friction In The On-Demand Economy

PYMNTS

The gig economy is ripe with online marketplaces, but whether a platform sinks or swims is ultimately determined by the freelancers that power the system. Without that supply, there can be no demand. Typically, on-demand workers will upload identity documentation and some sort of supplemental information (e.g.,

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From Paper To Digital To Money On Demand: Who’ll Lead The Way?

PYMNTS

Now, Edwards said, banks are at the same starting point on disbursements, but this is the opportunity to capitalize on the next big digital payments wave — from digital to instant, on-demand money, creating a modern disbursements experience. It’s happening either way,” Edwards told Webster. When ‘Instant’ Really Isn’t.

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Mobile Payments Driving Contactless Dominance in Nordics as Cash All but Disappears

Fintech Finance

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

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Mobile payments driving contactless dominance in Nordics

Neopay

Card payments dominate the Nordic payment landscape , with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets. Cards dominate but mobile payments are rising – 76% of Nordic consumers use some form of mobile payment in physical sales locations.

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Driving the future: Fintech’s role in building resilient, scalable solutions for UK SMEs

The Payments Association

Small and medium-sized business (SME) owners are the driving force that sustains the British economy. million strong, SMEs account for approximately 99% of the UK business landscape. Their impact is undeniable, having driven two-thirds of job creation in the past 25 years. The embedded finance sector is projected to be pivotal for SMEs.

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Mobile Payments Rising in Nordics as Nets Reveals Different Payment Attitudes and Preferences

The Fintech Times

It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise. In 2022, mobile payments pushed cash payments into third place among Nordic consumers’ most preferred payment methods. This indicates a disconnect between consumer demand and merchant provision. “We