More businesses have been exposed to payment fraud and cybercrime in the wake of the pandemic, and as a result, ensuring end-to-end visibility of cash flows, bank account transactions and payments has never been more important for today’s treasury and finance professionals. According to Jukka...
South African API infrastructure startup Stitch has launched LinkPay, which the company bill as its “core payments product.” According to a Monday (April 25) announcement, LinkPay “is the first payments solution that tokenizes financial accounts and enables variable recurring payments. Now, your customers can link...
Much of the appeal of convenience-focused eCommerce and direct-to-consumer (D2C) business models comes from the seamlessness of their payments processes. The ability to offer consumers seamless payments from device to device lets retailers, brands and marketplaces scale more efficiently, as fast payments and fewer false...
Few trends are truly global in scope — seismic shifts in behavior that transcend borders and languages. The digital transformation of payments can indeed be termed “global.” Borne from necessity during the pandemic, but firmly rooted in convenience and choice, mobile payments and flexible payment...
Your cash is no good at Fenway Park. Baseball fans who attend the home opener at the iconic ballpark as the Boston Red Sox take on the Minnesota Twins Friday (April 15) better have a credit or debit card or a smartphone in their pocket....
On the face of it, the continued movement to card-not-present transactions is a positive for commerce. Consumers can buy the goods and services they need, when they need them, round the clock, and merchants get to reach an ever-widening consumer base. Bank of America SVP...
Cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s payment systems by allowing mobile payments across networks, Bloomberg reported Friday (April 8). The first phase of the project will allow Telkom Kenya Ltd. and Airtel Networks Kenya Ltd. customers...
When consumers shop with merchants with which they have store cards, they tend to pay with those cards. In fact, consumers use store cards to pay for store card-eligible purchases 87% of the time, according to “The Truth About BNPL And Store Cards,” a PYMNTS...
When consumers have the ability to pay with store cards, they tend to use them. PYMNTS research shows that 87% of store cardholders who had shopped in the past 30 days have used those cards for their most recent eligible purchases. That means that just...
