Digital Payments

Digital Payments
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28 million smaller firms, which drive a significant portion of the region’s GDP. And to fully embrace the great digital shift...

Digital Payments
Deluxe, Echo Health Form DPX to Offer Digital Payments to Paper Users
May 02, 2023

Deluxe and Echo Health have teamed to offer digital payments services to companies using paper. The two payments companies announced Tuesday (May 2) that they’d formed DPX Payments, a joint venture aimed at offering “advanced payables offerings to the large and underserved middle-market.” DPX, the...

Digital Payments
PYMNTS Intelligence: How Fraud Damages P2P Payment Organizations
May 02, 2023

Fraud is a constant worry for companies of all types, driven by the sheer variety of different fraud methods that bad actors deploy. Man-in-the-middle attacks, social engineering, account takeovers and botnets are just some of the thousands of different types of fraud that keep CEOs...

Digital Payments
PYMNTS Intelligence: How Payments Orchestration Can Help Marketplaces Retain Merchant Customers
May 01, 2023

Consumers are craving digital payment experiences, the pandemic having whetted their appetites by expanding digital use to a wider range of retail transactions. PYMNTS research found that 30% of consumers are very or extremely interested in trying a new payment method, including digital wallets, QR...

Digital Payments
An Insider Details the Best Protections Against Push Payment Fraud
May 01, 2023

Faster payments have brought significant benefits for consumers, but they also bring the risk of push payment fraud, something that Lee Kyriacou, vice president of real-time payments at The Clearing House, says requires a mix of technology, consumer education and security best practices.

Digital Payments
Payments Orchestration Lets Aggregators Add More Value
April 28, 2023

Merchant aggregators and marketplaces looking to compete globally must be able to support a broad range of merchant customers’ payment service provider relationships both swiftly and easily. Spreedly’s Randy Guard explains how payments orchestration enables platforms to add merchants’ preferred gateways at the flip of...

Digital Payments
Fighting Faster-Payments Fraud Comes Down to Technology and Education
April 28, 2023

Fraud is top-of-mind for payment providers and the businesses and consumers they serve — for the simple reason that the cost of ignoring it is too much to bear. A recent report from the Federal Trade Commission (FTC) pegged fraud loss in 2022 at $8.8...

Digital Payments
From Payments Choice to Gateway Preference: Payments Orchestration 2.0 Helps Global Platforms Grow Sales
April 27, 2023

With the rise of eCommerce bringing more retailers than shoppers could ever exhaust, consumer-facing businesses of all types fear cart abandonment above nearly everything else. Never has it been easier for a consumer to find a similar product or experience at an alternative vendor, making...

Digital Payments
US Bank’s Elavon Offers Payment Tools to California Restaurants
April 20, 2023

Payment processor Elavon has formed a partnership with the California Restaurant Association. The U.S. Bank-owned company announced Wednesday (April 20) that the partnership will offer payment tools to the association’s 22,000 members. “The California Restaurant Association needed a payments partner that could help add affinity...