Payment Methods

Payment Methods
Marketplace Model Provides POS Credit Pipeline to Retailers in Tough Times
September 27, 2022

Products like buy now, pay later (BNPL) have retrained consumers to expect fast credit decisions — ideally in their favor — at the point of sale, whether online or in-store and that expectation now extends to all forms of nontraditional consumer lending. At the same...

Prepaid
Brazil to Cap Prepaid Card Interchange Fees to 0.7% Starting April 2023
September 26, 2022

The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the settlement term for debit and prepaid card transactions. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Alipay+ Enables 4 Asian Digital Wallets in South Korea
September 26, 2022

Digital payments platform Alipay+ has partnered with Asian mobile payment providers to enable the use of four digital wallets in South Korea.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
September 26, 2022

With roughly 4.3 billion people living in the Asia-Pacific (APAC) region, stretching across more than a dozen countries, and with internet connectivity growing by leaps and bounds, it’s no secret that merchants desire to tap these markets to satisfy demand for eCommerce. Get the Full...

Payment Methods
Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards
September 23, 2022

Uzbekistan’s inter-bank processing center UZCARD has reportedly paused its processing of payments via the Bank of Russia’s National Card Payment System (NSPK)-issued Mir payment cards.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Adyen Goes In-Store With Two New POS Terminals
September 23, 2022

Amsterdam-based global payments company Adyen has launched two point-of-sale (POS) terminals — the NYC1 and AMS1. 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...

Payment Methods
Visa Tap-to-Pay Hits 1 Billion Transit Transactions as Systems Get Moving Again
September 21, 2022

As people slowly reacquaint themselves with public transportation after more than two years of cratering usage during the COVID-19 outbreak, we find a new behavior is taking root, as more transit systems enable tap-to-ride technology, and more people around the world are using it. Get...

Mobile Payments
Adyen to Become First FinTech Platform to Add Block’s Cash App
September 15, 2022

Financial technology platform Adyen has partnered with Block’s mobile payment method Cash App to become the first such platform to offer Cash App outside of its Square ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
JPMorgan Powers Payload Unified API Payments Platform
September 13, 2022

J.P. Morgan has been tapped by FinTech startup Payload to power the latter’s integration-first inbound and outbound payment solution. 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...