As more cardholders use contactless technology, new PYMNTS data show that fewer are using mobile wallets. The reason given by most consumers is convenience. In the competition between consumer payment methods, don’t count out the card just yet. According to soon-to-be released research from PYMNTS, the more cardholders pay for purchases with contactless technology, the less they use...
Agnostic is a word that European Payments Council (EPC) Director General Etienne Goosse often uses to describe the mandate of the payments association that counts 2,343 payments services providers, representing about 59% of all EU payment service providers (PSPs), as members. It is also why...
PayPal is considering launching a stock-trading platform for its U.S.-based customers, according to a CNBC report on Monday (Aug. 30), following its successful rollout of cryptocurrency trading last year. The report cites two sources familiar with PayPal’s plans along with its recent hiring of brokerage...
When the pandemic hit in March 2020, digital payment and payout options in North America’s corporate and tribal-owned casinos were almost nonexistent. As the scramble to reopen began, Sightline Payments Co-founder and Executive Vice President Omer Sattar started getting the calls he’s been expecting for...
Peter Drucker, the management guru, wrote long ago: “Strategy is a commodity, execution is an art.” As David O’Brien, CEO of Agreement Express, told PYMNTS, independent sales organizations (ISOs) need to crystallize their strategies on merchant abandonment and tackle the problem with clear-eyed execution. The...
Nandan Sheth, head of Fiserv’s Carat and Digital Commerce business, said the payouts industry was held back for far too long by an inability for businesses to offer consumer choice. This comment comes on the heels of the announcement that Fiserv has just expanded its...
Facebook is planning to link its launch of the Novi digital wallet to the debut of the digital coin Diem, according to David Marcus, who oversees F2 (Facebook Financial), in an interview Wednesday (Aug. 25) on Bloomberg Television. Novi is Facebook’s own crypto wallet that...
Customers of Cloud Nine Hair will now have access to interest-free credit, following a strategic partnership between the hair product retailer and U.K. LendTech provider DivideBuy. In a Wednesday (Aug. 25) announcement, DivideBuy Business Development Director James Bradley said Cloud Nine’s success in the hair...
Dutch payments processing company Adyen on Wednesday (Aug. 25) announced its collaboration with Shiji Group to offer a streamlined payment process for the hospitality industry. The integration enables hospitality businesses to use the Adyen platform along with Shiji and eliminates the need for a voluminous...
