Giving The Gift Of Better Payments

Giving The Gift Of Better Payments

Real-time payments are gaining steam this holiday season, and merchants are hoping for more secure transactions as the year ends. The Internet of Things (IoT) is bringing big changes, and contactless payments are on the rise.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    16: Number of NYC transit stations involved in Visa’s contactless test.

    $32B: Annual value of digital gift card industry.

    100,000: Number of weekly contactless taps by NYC transit riders.

    $1B: Amount stolen annually from digital gift cards.

    Advertisement: Scroll to Continue

    $21.29: Average cost in Australia to receive a paper invoice.