Payment Methods

Payment Methods
New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations
January 08, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in...

Mobile Payments
Samsung Pay Drops Rewards As Mobile Wallets Vie For A Spot In The Mix
January 05, 2021

Mobile wallet lovers, the ranks of which grow daily, are still buzzing with the late 2020 announcement that purchases made with the Samsung Pay mobile wallet in 2021 will not earn rewards points redeemable with the popular Samsung Rewards program. Get the Full Story Complete...

Payment Methods
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021

For digital currencies, as goes China, so will go the world? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Payment Methods
Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
December 31, 2020

Synchrony Bank will be able to offer a combination secured/unsecured credit card under a Consumer Financial Protection Bureau order posted Wednesday (Dec. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Virtual Cards and Straight-Through Processing Set To Level B2B Playing Field
December 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. As Nick Reid, director of B2B Partner Development at Conferma Pay, told PYMNTS, though not new, STP — which routes card payments and data automatically to suppliers...

Payment Methods
Central Bank Of Kenya Urges Digital Transactions
December 29, 2020

The Central Bank of Kenya (CBK) is promoting the use of cashless transactions and is asking the providers of digital financial services to work together and encourage adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Citgo, P97 Networks Team On Mobile Payments, Loyalty Program
December 28, 2020

Citgo is entering into a new relationship with the cloud-based mobile commerce company P97 to help consumers buy food, fuel or other items via mobile app, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
How The Government Can Do Stimulus Checks Right The Second Time
December 28, 2020

When President Donald Trump signed the sweeping $900 billion pandemic relief bill into law on Sunday (Dec. 27), that put plans for stimulus payments to Americans into the headlines and onto the horizon once more. Get the Full Story Complete the form to unlock this...

Payment Methods
Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
December 28, 2020

We’re ticking down toward the end of a year that defies adjectives at this point. In the financial services space, there have been pandemic-fueled developments as well as dramatic business model accelerations. And as the dust settles and the 2021 predictions are rolling in, Ingo Money CEO...