With the U.K. increasingly embracing mobile, a new study by Verifone found that 29 percent of the country’s small and medium businesses now give customers the option to pay using an app in the store. Get the Full Story Complete the form to unlock this...
Wells Fargo Merchant Services has decided to simplify the prices it charges small businesses (SMBs) to accept credit and debit card transactions to compete with startups like Square. According to Bloomberg, the changes are for SMBs that process $100,000 a year or less, getting rid...
New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. Get the Full Story Complete the form to unlock this article...
Airline passengers who want to pay in cash might find themselves spending more. 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....
Spending on credit cards will continue to grow, but any issuer that decides to take a breath, instead of crafting creative rewards and going after young consumers, runs the risk of being left behind. Get the Full Story Complete the form to unlock this article...
Acorns, the mobile investing platform that takes spare change and invests it on behalf of its customers, has generated 10,000 pre-orders for its new rewards debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United Kingdom and the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
NXP Semiconductors, Visa and Mastercard are launching mWallet 2GOm, a white-label service aimed at smoothing efforts to develop mobile wallets. As Rafael Sotomayor, SVP of secure transactions and identification at NXP Semiconductors, tells Karen Webster, whether it’s payments on your wrist, payments via spoken word,...
Online games and eSports are becoming an important segment for payment providers: Gaming now accounts for more than $12 billion of PayPal’s total payment volume worldwide, for example. That figure marks an increase of more than 23 percent year over year in 2017, PayPal reported...
