J.P. Morgan Payments has debuted a contactless payment solution for its merchant clients. The new Tap to Pay offering lets merchants accept payments using their iPhones, without the need for a physical terminal, according to a Tuesday (Aug. 22) press release. “Enhancing the ability for consumers to pay...
The majority of bridge millennials would pay for retail purchases via bank transfer if they could earn rewards for doing so, PYMNTS research reveals, but other generations are more hesitant. For PYMNTS’ study “New Payment Options: Building Stronger Customer Ties With Pay By Bank...
Payoneer Singapore has been granted a payment license from the Monetary Authority of Singapore (MAS), the city-state’s principal financial regulator. With the MAS license, the subsidiary of Payoneer Global can now expand and offer a number of new services, including account issuance, cross-border money transfer, domestic money...
If there was one key to success, winning businesses would double it and scale it. However, success is anything but static, meaning that those singular keys need to continually fit into ever-evolving locks. Nowhere is that more true than in payments. “Every day I get...
Player-owned fantasy sports platform Sorare is offering its users a new way to make payments. The company on Wednesday (Aug. 2) announced it was teaming with payments solutions provider Mangopay to debut Cash Wallet, which lets its “managers” make payments using real-world currencies. “The Cash Wallet offers a secure and effortless...
Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts payable (AP), accounts receivable (AR), and a host of other critical areas. Examined in the study “Digital Payments Technology: Investing...
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC at Discover® Global Network, and Suresh Rajagopalan, CEO at Wibmo, a PayU company, to discuss the changes —...
Given a safe alternative, most consumers would rather not reenter payment card info every time they make a purchase online. That’s where credential vaults come into the picture, and it helps when consumers trust the entities accessing those stored card details. This is analyzed in...
The head of the ACH Network says same-day ACH payments have grown “significantly” in 2023. In the first six months of the year, the value of those payments was nearly $1.2 trillion, a 51.7% increase from the prior year, while the volume of same-day ACH (automated clearing...