In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. The idea was that...
Today’s average Canadian consumer is more cash-enthused than their average American counterpart. 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...
How to make contact with the idea of contactless? How to bring the mobile wallet to the U.S. in a way that makes a splash at a level seen elsewhere across the globe, especially in Europe? Get the Full Story Complete the form to unlock...
Not with a bang, but with a whimper: That’s how Gene Neyer, chief strategy officer at Icon Solutions and this week’s Commander in Chief, says real-time payments technology will overtake the industry. Such major shifts, he said, don’t happen dramatically. Rome wasn’t built in a...
How can eGifting be more enjoyable — the experience more exciting — than receiving a traditional digital gift 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...
WhatsApp, the messaging app that has a payments component, is expanding the payments types it supports by rolling out the ability to support QR codes for payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Santander, the Spanish bank, is gearing up to roll out an international money transfer app thanks to a partnership with blockchain FinTech startup Ripple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by deciding to scrap nearly 85 percent of the nation’s physical currency reserves almost overnight. Get the Full Story Complete the...