The rise of the connected economy has opened avenues of commerce — where wielding everything from cellphones to tablets to cars, consumers can transact in more ways than ever before. And they can transact in more places than ever before. With all that connectivity comes...
Last year, people started learning about and buying Bitcoin and other cryptocurrencies. This year, they’ll start using it. So says Stephen Pair, CEO of crypto payments processor BitPay. The prediction, made in a conversation with PYMNTS’ Karen Webster, dovetails with research showing that 14% to...
Consumers’ payment needs have experienced a sea change in the past two years, with many people realizing access to real-time payments is something they didn’t know they needed. Homeowners want their mortgage payments to clear as soon as they click “send, while workers like not...
During this first week of 2022, the news included the future of point of sale (POS), a $3 trillion valuation for Apple and continued developments in crypto. Carl Churchill, owner and managing director at NetPay Solutions Group, joined PYMNTS’ Karen Webster for This Week in...
When Airbnb CEO Brian Chesky asked Twitter, “If Airbnb could launch anything in 2022, what would it be?” a few days ago, he probably wasn’t thinking about letting guests pay with crypto. It’s what he got, however. On Jan. 6, after four days and 4,000...
China today (Jan. 4) released its digital yuan wallet on Apple’s App Store and on Google Android app stores in the country. The e-CNY app is currently a pilot version available to customers of financial institutions supporting the project, including most major banks. However, the...
Within any commerce ecosystem — especially in eCommerce — chargebacks seem a way of life. For merchants especially, chargebacks are a drain on time and money. Better communication between merchants and issuers, Verifi CEO Matthew Katz told PYMNTS’ Karen Webster, resolves disputes early, prevents chargebacks...
The rapid rise in popularity of digital and contactless payments in Ireland has caught the attention of a leading consumer association when some stores reportedly started turning down cash payments from customers, the Independent reported on Wednesday (Dec. 29). Shoppers in Ireland can’t be forced...
Small to mid-sized businesses (SMBs) receive roughly 38% of their sales from buyers with whom they work on an irregular, ad hoc basis — once, twice, maybe a few times a year, according to “Fixing Small Business Payments,” a PYMNTS and Ingo Money collaboration. These...
