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Payment Methods
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2.1KNew York City Council Bans Cashless Food And Retail Stores
The New York City Council on Thursday (Jan. 23) passed a ban on cashless food and retail stores. The ban was reportedly...
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2.0KRTP Raises Transaction Threshold To $100K
The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1,...
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1.6KIndian Telecom Provider Reliance Jio To Roll Out UPI Payments
Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments Interface (UPI) space to compete alongside rivals,...
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2.2K‘Buy Now Pay Later’ Breaks Through
Millennials and Gen Yers are notoriously distrustful of credit. This helps explain why only about half of U.S. millennials have a credit...
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2.1KCommuters In India Will Soon Need Only One Transport Payment Card
Metro authorities in India are planning to launch automatic fare collection (AFC) gates that will work with the country’s National Common Mobility...
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2.2KTwitter Rumored To Be Considering In-Tweet Tipping
Twitter could be working on a way to “tip” people on the social media platform, though the company has so far denied...
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1.4KUK Gambling Watchdog Outlaws Credit Card Bets
In an effort to rein in problem gambling, the U.K. Gambling Commission is banning the use of credit cards for placing bets,...
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3.9KVisa Says Tokenized Transactions Set To Hit $1T, Sets Click-to-Pay Transition
For tokenized payments, $1 trillion and counting. Visa said on Tuesday (Jan. 14) that participants in its Visa Token Service are poised...
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1.5KIn Subscription Commerce, Seconds Matter
Make sign-ups fast, trials free and features rich. These are some of the quick takes from the latest PYMNTS Subscription Commerce Conversion...
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3.0KNew Year’s Bug Takes NYC Parking Meters Offline
Parking meters in New York City won’t take credit cards because they weren’t programmed to get card payments after Jan. 1, 2020,...
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6.7K12 Ways Consumers Will Pay (And Be Paid) In 2020
Past is prologue. For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019),...
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3.2KFinTech Startup Curve Launches P2P Payments Feature
Curve, a banking app that consolidates all of a person’s bank cards into one card and app, is launching a new feature...
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2.5KFed Data: Non-Cash Payments Grow 6.7 Pct Per Year From 2015-2018
With the ongoing decline of checks, the growth of payments by debit and credit cards continued to speed up from 2015 to...
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5.7KCiti Treasury Services, PayPal Team On Global Mass Payouts
PayPal and Citi have grown their partnership to allow institutional clients of Citi to make payments into their customers’ PayPal digital wallets, according...
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2.0KEBA CLEARING’s Request To Pay Solution To Launch Next Fall
EBA CLEARING is launching a request to pay (R2P) solution in Europe and created specifications with the input of 27 financial institutions...
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2.9KMobile Card Apps: The Future Isn’t Plastic
It took 70 years for a majority of U.S. adults to possess a credit card, so the warp-speed adoption of mobile card...
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1.6KBuy Now, Pay Later: Cure For The Credit Hangover?
Heard about this Australia thing? “Buy now, pay later” (BNPL) alternatives made a big splash there in late 2018, had their moment...
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1.9KLast Roar Of The Paper Tiger?
What if you heard that over 70 percent of decision-makers in your industry had begun settling accounts payable (AP) and accounts receivable...
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2.9KLINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
LINE Pay Taiwan and iPASS Corp. have formed a collaboration with four major international payment brands to facilitate cross-border payments, the companies...
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2.4KFed Study: Electronic Devices Used In 24 Pct. Of Consumer Payments
Cards over cash – specifically, debit cards over cash. Among the findings of the recent 2018 Diary of Consumer Payment Choice, produced...
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5.4KFed Study: US Consumers Make Average Monthly Payments Of $3,999
In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of...
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3.2KGrab Launches GrabPay Card
Grab is introducing Asia’s first numberless card in batches, with Singapore launching on Thursday (Dec. 5) and the Philippines during the first...
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2.6KJack Henry Debuts Card-To-Card Bill Pay
Jack Henry & Associates has announced the launch of iPay CardPay, which enables its banks and credit unions “to provide near-real-time, card-funded...
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2.3KFederal Reserve Ups Payment Services Fees By 2.4 Pct.
The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 percent higher than...
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3.4KBMO Harris Bank Is First To Issue True Name Mastercard
BMO Harris Bank, in partnership with Mastercard, has introduced the True Name feature for debit Mastercard holders, which will allow for those...
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5.7KNEW DATA: Millennials Were Black Friday’s Big Spenders In 2019
Black Friday is the traditional start of the holiday shopping season and this year 151 million consumers got their Black Friday shopping...
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2.7KTeen-Focused Digital Bank Pixpay Raises $3.4M
French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported...
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2.8KPayPal’s Xoom Rolls Out Bill Pay For Users In Jamaica
Xoom, PayPal’s international money transfer service, announced the launch of its bill pay service in Jamaica. Through a partnership with bill platform...
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4.4KDiscover Cardholders Can Now Redeem Rewards Via PayPal
PayPal and Discover have joined forces to allow customers to use the credit card’s Cashback Bonus or Miles to buy things through...
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3.5KSoftBank, Ant Financial Back India’s Paytm With $1B Funding
India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and...
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3.8KAre Millennials Really Over Revolving Credit?
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool,...
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5.1KMoneyGram Expands Digital Services To Hong Kong, New Zealand
MoneyGram has announced that it’s continuing its worldwide digital expansion with greater options for its overseas customers, especially in the Asia Pacific...
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3.6KGoldman CEO Denies Claims Of Apple Card Credit Biases
David Solomon, the CEO of Goldman Sachs, is denying claims that gender bias is apparent in the algorithm it uses to determine...
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3.1KPSCU Expects To Issue More Than 3M Contactless Cards In 2020
PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in...
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7.3KAmex Offers Big Cash Incentives To Businesses To Boost Acceptance
American Express, which has long lagged behind rivals like Visa and Mastercard in terms of business acceptance, has been aggressively pushing to...
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5.3KAdyen Adds Card Issuing By Merchant Demand
Dutch global payments platform Adyen announced it is launching card-issuing services to its customers. Adyen Issuing will enable clients to provide customers...
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3.3KPayPal Cuts Off Payments To PornHub Models
PayPal Holdings has ended its payment support to PornHub’s models after the adult entertainment site made certain payments without permission. “Following a...
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3.5KMoneyGram, Wing Team Up On Cambodian Digital Wallet
MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly...
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2.7KFor Marketplace Platform Payments Experiences, Is It Back To Basics?
It’s easy to get caught up in the hype of new sharing economy platforms. “The Uber of furniture,” P2P closet-sharing and crowdshipping...
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3.7KRapyd FinTech Announces Single Cashless Platform In Singapore
Global FinTech Rapyd announced that it has launched a single platform in Singapore that enables businesses to go cashless. The company has...
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3.0KHave Pillow, Will Trade? How Digital Is Stirring A New Age Of Bartering
What’s old, of course, always becomes new again. That holds especially true this month for the prehistoric practice of bartering. Indeed, it...
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4.5KMastercard Introduces True Name Feature On Cards
Mastercard has announced it will start offering a True Name feature, so that transgender and non-binary persons will be able to have...
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2.6KTune.fm Enables Hedera Crypto Payments For Music
Tune.fm has become the first music streaming platform with an integrated cryptocurrency to run on Hedera Hashgraph‘s public distributed ledger technology (DLT)....
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2.5KAmazon Australia Integrates BNPL Startup Zip Co
Amazon Australia is partnering with buy now, pay later (BNPL) startup Zip Co, Reuters reported on Wednesday (Nov. 6). News of the...
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3.9KP2P Payments’ Rising Appeal Beyond Millennials
Peer-to-peer (P2P) payments are exploding. P2P payment network Zelle’s Q3 results show its year-over-year payment values rose by 58 percent, while transaction volume...
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3.5KDiscover To Start Phased Contactless Launch
Discover has announced it will start issuing contactless cards over the next several months. “Contactless technology has become increasingly popular with our...
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4.3KA Day In The Life Of The Bridge Millennial
After three years of intensive research into the connected shopping habits of more than 5,000 U.S. consumers, PYMNTS published its third annual...
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3.6KPayPal Among Investors In $143M Funding For Japan’s Paidy
Japan’s instant credit startup Paidy raised $143 million in a Series C extension funding round, the company announced in a press release...
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4.0KScratchpay: Teaching An Old Veterinary Industry New Payments Tricks
While money cannot buy love, it can be a relatively good measure of love in some cases — particularly when looking at...
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2.1KSubscription Commerce May Be Saturated, But New Entrants Emerge
With meal kits, streaming services and food delivery apps all vying for consumer attention, it’s easy to declare the subscription commerce market...
