From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to settle from these different payment channels. In the latest Anatomy Of A Consumer Payment Playbook, DJ Seeterlin, chief information officer...
Until recently there was “a consumer” who industry felt it understood, and whose tastes it knew well enough to gauge the market of new products and services. We called it “business as usual,” and it worked remarkably well, with some notable modifications, for the past...
Not all that long ago, eCommerce was more notion than reality. 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...
To provide streamlined walk-in bill payment services, PaymentVision is teaming up with MoneyGram. PaymentVision provides merchant processing and offers electronic payment processing technology for a variety of verticals, the company said in an announcement. Get the Full Story Complete the form to unlock this article...
The Federal Trade Commission (FTC) announced Friday that enforcement actions over the past year have returned $6.4 billion to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Federal Reserve announced today that it is reviewing 19 proposals from two task forces from the national payment industry with the goal of introducing a faster payments system in the U.S. A two-part report on the work and suggestions of the task forces will...
Shazam, a four-decade old financial services company, released a new feature yesterday (Feb. 5) to its Shazam Bolts app that gives debit card users access to person-to-person money transfers, as well as a GPS function that enables U.S. cardholders to find fee-free ATMs. Get the Full Story...
The days of old school wire transfers may be numbered, as Western Union announced yesterday (Jan. 27) it will now accept Apple Pay at its “flagship locations” and affiliated outlets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With Alibaba last week having gone through the largest initial public offering in U.S. history, expect continued growth in international eCommerce trade coming out of China. Alibaba already is saying it wants to create more online sales between China and other Asian businesses and consumers,...