ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. NACHA — The Electronic Payments Association said the value of the payments was $4.5 trillion, an increase of 12 percent compared to last year. Get the Full...
Japanese telecom carrier SoftBank has announced a partnership with Synchronoss and TBCASoft on a Proof of Concept (PoC) for a new cross-carrier mobile payments service. The service is based on the Rich Communication Services (RCS) global messaging standard and TBCASoft’s cross-carrier blockchain platform. It will be unveiled...
Millennial consumers are ready to be brand ambassadors — especially when engaging in mobile commerce with private-label debit programs. 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...
At the end of the day, small businesses want to do the thing they went into business to do. Shoe stores want to sell shoes, accountants want to file taxes, contractors want to rearrange kitchens and restaurants want to serve food. Get the Full Story Complete...
Square has announced that it is releasing two new ways for businesses to take payments on their Apple devices and Google Chromebook. “We want you to be able to run your business however you want — and never miss a sale,” the company wrote in a...
Alipay has revealed that it had a pretty good summer, with consumer spending surging over the last two months. 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...
The plastic payment card is dead. Long live the plastic payment card! 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...
Merchants must manage billions of tokens – easier said than done. Nitin Prabhu, PayPal’s senior director of issuance, tokenization and loyalty platform, offers a hint of history, provides perspective on concept and execution, and gives a roadmap as to where we are headed with tokenization. Hint: Standardization...
Flipkart, the eCommerce giant based in India, is getting into the financial services industry with two new products. 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...
