Payment Methods

Payment Methods
74% of Students Lack Access to Tuition Payment Apps
December 31, 2024

Higher education is vital for personal and professional growth but rising tuition costs make it harder for students to attend. While financial aid like scholarships and loans help, delays in disbursement can jeopardize enrollment. A PYMNTS Intelligence report, “Making the Grade: Promoting Faster Payments in...

Gift Cards
Blackhawk Network Makes Snapchat+ Subscription Gift Cards Available at Retailers
December 23, 2024

Gift cards for a one-year subscription to Snapchat+ are now available online and in-store at select major retailers. This offering is enabled by a new partnership of messaging app Snapchat and global branded payments provider Blackhawk Network (BHN), BHN said in a Monday (Dec. 23)...

Payment Methods
Visa: 77% of 2024 Holiday Spending Happened In-Store
December 23, 2024

Visa said it is seeing increasing consumer confidence this holiday season. The payments giant released preliminary insights into U.S. holiday buying that showed a 4.8% uptick in spending, a figure not adjusted for inflation, according to a Monday (Dec. 23) press release. “This holiday shopping...

Payment Methods
Mastercard: New Use Cases Prep for ‘Total’ eCommerce Tokenization by 2030
December 19, 2024

Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of, that’s how fraudsters compromise accounts and steal your money,” Pablo Fourez, chief digital officer at...

Payment Methods
Why Payment Choice Can Make or Break Retail’s Holiday Season
December 11, 2024

There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving. Merchants are tallying up the sales at the (virtual) registers as their transaction volumes take...

Payment Methods
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted messages are already being sent over the Swift network every day. These messages are being sent to 220 countries and territories...

Payment Methods
The Secret to High Global Conversion Rates? Understanding Local Payments
December 06, 2024

Consumers decide which payment methods are successful and drive market trends. Regardless of the market, the use case or their locations, their preferred payment methods are defined by the ease of the execution process at their merchant of choice. Merchants, of course, want to be...

Payment Methods
Consumer Choice Pushes the Issue for Alternative Payment Methods
December 05, 2024

This holiday season, consumers want it their way. And when it comes to the payments that fuel seasonal commerce, their way is fast, secure and flexible. Alternative payment methods (APMs), honed over the past decade by consumer expectations and rapid technological advancements, are helping meet...

Payment Methods
Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
December 03, 2024

Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced their agreement to settle the case during a Tuesday (Dec. 3) hearing before the U.K.’s Competition Appeal Tribunal (CAT), Reuters reported Tuesday....