eBay says it is making Checkout.com its newest global payments acquiring partner. The collaboration, announced Wednesday (April 16), is designed to provide a more seamless commerce experience for shoppers on eBay, with Checkout.com’s technology, data and global acquiring expertise helping eBay to maximize payment acceptance....
The pandemic sent us all online to get the goods and services we needed — and if we weren’t comfortable using a mobile device to scroll and click through to a purchase, that discomfort fell by the wayside with haste. In the post-pandemic world, we’ve...
Credit cards remain among the most popular vehicles for payments — for both planned and unplanned expenses — and for many consumers, stretching out payments over time holds particular appeal. In doing so, via card installment plans, households are able to get what they need,...
Trust and familiarity are central to the payments experience. At the end of the day, consumers won’t pay with methods they don’t know much about or aren’t used to. And that’s fine, or it used to be, when the primary options available were card or...
Consumers are less confident about economics — on a macro and a personal level — than they have been for quite a while. They’re mulling where they can throttle back spending, and in other cases they may be shifting how they want to pay, using...
Despite its potential, pay by bank, or open banking payments, remains a largely untapped opportunity, but a new report suggests that the right incentives could be the key to unlocking widespread consumer adoption. The collaboration between PYMNTS Intelligence and Trustly, titled “What Consumers Need for...
The federal government’s move to eliminate paper checks by Sept. 30 signals a massive shift toward digital transactions, potentially saving the Treasury $750 million. This transition, driven by an executive order, could accelerate the adoption of real-time payments across government and business. PYMNTS breaks it...
Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. The company’s funding round, announced Tuesday (March 25) on its LinkedIn page, will help Burbank develop its “Card Present over Internet” (CPoI) tool, which it calls a first-of-its-kind technology aimed at...
JPMorgan Chase and Walmart reportedly partnered on an embedded finance solution that lets merchants selling products through the retailer’s marketplace platform accept and make payments and manage their cash flow. This offering is now available for U.S. merchants, but it may be expanded to Europe and other regions, Reuters reported Monday (March...