Cash App says its business sellers now have a new way to accept contactless payments. The company on Tuesday (July 15) announced the launch of Tap to Pay on iPhone for Cash App Business sellers, letting them accept contactless payments directly on their iPhone using...
In March, the White House handed down an executive order mandating that the federal government will stop issuing paper checks for disbursements, effective Sept. 30, and will stop accepting them for payments “as soon as practicable.” Through the past several months, PYMNTS Intelligence, alongside Ingo...
The United States government, the world’s largest payer, is on the cusp of a dramatic digital transformation. By Sept. 30, 2025, the federal government will cease issuing paper checks for disbursements, shifting entirely to electronic and real-time payment methods. This $175 billion overhaul touches everything...
A group of Belgian banks have signed onto Europe’s digital wallet project Wero. Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are all planning to begin offering the digital wallet and instant account-to-account (A2A) payment solution starting next year, the European Payments Initiative (EPI) announced Sunday (July 6). “Wero is about Europe, and...
Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned by Visa Acceptance Solutions and researched by PYMNTS Intelligence, reveals that 61% of Brazilian consumers...
Watch more: Federal Deadline Approaches as Agencies Struggle to Move Beyond ACH Payments A looming Sept. 30 deadline set by an executive order to digitize federal government disbursements, a move affecting $175 billion worth of payments last year, presents a formidable, yet critical, challenge for...
Latin America’s financial landscape continues its digital transformation as digital payments rapidly displace traditional cash transactions, signaling a new era for commerce and financial inclusion. A recent PYMNTS Intelligence report titled, “Digital Payments Reshape Commerce Across Latin America,” a collaboration with Galileo Financial Technologies, details...
The Bank of Japan (BOJ), Japan’s central bank, is reportedly looking to digital currencies as its citizens go cashless. While the country has long adhered to a “cash is king” ethos, the share of cashless payments in Japan jumped from 13.2% in 2010 to 42.8%...
Latin America continues its financial transformation as digital payments surge, pushing traditional cash toward the periphery of commerce and financial access. The region is becoming a nexus for innovation, driven by a combination of burgeoning FinTech companies and government-backed initiatives. According to the PYMNTS Intelligence...