When most people think of digital payments, their minds still jump to use cases like splitting the dinner check, paying the babysitter or sending their college students a few extra dollars. Peer-to-peer (P2P) payments still work in all of those contexts, and quite well —...
The immediate past is prologue when discussing the great digital shift that began last year. PYMNTS’ Global Digital Shopping Index, U.S. Edition, a Cybersource collaboration — which is based on surveys of more than 2,170 U.S. consumers and 500 U.S. merchants — called the demographic...
Paysafe, the payments platform, will now be letting payments happen on the Microsoft Store or Xbox via the company’s eCash solution called paysafecard, a press release says. Paysafecard allows users to use cash to shop for goods and services online. They can utilize a 16-digit...
Payments orchestration may have made headlines in the last two or so years as the segment has gotten more attention, but it’s not nearly as new as it might feel. As CellPoint Digital’s Kristian Gjerding noted, the reality is that a lot more providers are simply...
Australia’s Finstro, which works in trade and credit solutions for B2B commerce, is ready to expand in the U.S. with new card and enterprise resource planning (ERP) tech, as the company boosts its global team by 25 percent, a press release said Tuesday (June 22)....
The groundswell for open banking is here. Banks in the U.K. are now seeing more open banking payments volume in a single month than what was measured in all of 2019. Ossama Soliman, chief product officer at TrueLayer, said that open banking has taken off...
As commerce becomes truly omnichannel, consumers are becoming used to wielding plastic and virtual cards. According to Amanda Gourbault, executive vice president, financial institutions at IDEMIA, enhancing the digital services on offer as those physical and virtual cards are launched can make them more attractive to...
Paying bills online is by no means an innovation. In fact, at this point, it’s a struggle for average consumers to remember how to pay by check. But, as BillGO’s Russ Chacon told PYMNTS in a recent discussion, the digital bill pay experience as most...
PayPal is increasing the rates it charges businesses on its platform in a move to accentuate its value over its competitors and emphasize the benefits it provides, according to a press release on Friday (June 18). The global FinTech company pointed out the benefits of using its...