One of the goals of the connected economy is to turn simple things into payment mechanisms. Homes, for example, will become connected commerce command centers. Appliances will become part of the Internet of Things (IoT) payments platform. And cars will connect their passengers to everything...
Mishawaka Utilities has introduced PayPal as an available payment method for utility customers, who can also pay through Venmo, according to a Tuesday (May 4) announcement. “Adding PayPal as a payment option gives our customers more flexibility while still allowing them to make payments securely...
We’re in the midst of a sea change in the connected economy. The shift is underway from apps to ecosystems, with a single digital front door as point of access. The app, then, gives rise to the super app, which lets consumers plan, manage, spend and...
With cryptocurrencies like bitcoin beset by price spikes (and slides), a nonprofit organization plans to test the concept of a U.S. central bank digital currency in at least five pilot programs. The U.S. nonprofit Digital Dollar Project said Monday (May 3) it will roll out...
Companies now have the ability to use Square Invoices to take automated clearing house (ACH) payments, according to a Wednesday (April 28) announcement from Square. Square Invoices comes at no cost to Square merchants, according to the announcement, which noted that ACH transactions have a 1 percent...
Francesco Simoneschi, CEO of TrueLayer, believes that open banking payments will replace debit cards as the default method of payment in the next five years. Find out why in this excerpt from The Connected Economy’s Power Source – CEO Edition. As more customers have turned...
GoCardless, a FinTech platform for bank-to-bank payments, has rolled out Instant Bank Pay, which is a new open banking feature directly integrated with the company’s global payment platform, according to a press release. Instant Bank Pay allows merchants to take instant one-off, bank-to-bank payments from...
Research has shown that amid the digital shift, millennials, Gen Zers and other consumer groups are ready to start building their credit – and they want help doing it. That’s where Sezzle comes in. “Combined with the paradigm shift toward consumers using BNPL companies, there’s...
Global payments platform Fiserv is teaming up with PayPal and Venmo to introduce QR codes for payments at the checkout process. Small and medium-sized businesses (SMBs) using the Clover point-of-sale (POS) platform, and big businesses on Fiserv’s Carat omnichannel commerce ecosystem, will now be able to accept PayPal and...
