Payment Methods

Payment Methods
Checks Are Still ‘Huge Pain In The Butt’ For B2Bs, But Change Is Coming
September 15, 2021

Small and medium-sized businesses have been commended for their quick adoption of digital tools to help facilitate transactions with consumers, but on the B2B end digitization proceeds at an almost glacial pace. Nowhere is that more apparent than with the kinds of ad hoc payments...

Payment Methods
Half of Shoppers Making More Buy Now Get Later Transactions Than Last Year
September 15, 2021

The convergence between brick-and-mortar commerce, digital payments and flexible pickup continues. As detailed in the How We Shop report, done jointly between PYMNTS and Fiserv, more than 5,200 consumers weighed in on how they navigate among and prefer a range of buy now, pick up...

Payment Methods
Adobe Commerce to Roll Out PayPal-Powered Payment Services
September 15, 2021

Adobe is adding payment services to Adobe Commerce, a move that will allow merchants to avoid the need to integrate with third-party payment services, according to a press release. Powered by the PayPal Commerce Platform, the services will be available to Adobe merchants in the...

Payment Methods
Embedded Finance: What’s Old is New Again
September 14, 2021

Adam Cohen, general manager of enterprise at Payoneer, told PYMNTS that embedded finance is nothing new: “When you think about it, embedded finance is quite an old concept, and it’s been around for decades.” Airlines and retailers have had cards and loyalty programs in place...

Payment Methods
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Martina Weimert, CEO of the EPI Interim Company, told Karen Webster that digital wallets, instant payments and buy now, pay later...

Payment Methods
Brazil’s ‘Cash Is King’ Culture Cedes Ground to Convenient Gift Cards, QR Codes
September 14, 2021

Cash might still be the king of South America’s largest economy, Brazil, where it accounts for over a third of all payments — but as alternative payment methods such as QR codes and gift (and pre-paid) cards explode in use, it may only be a...

Payment Methods
Square Sellers Can Accept Payments With Cash App Pay
September 13, 2021

Sellers on Square can now accept payments through Cash App Pay, a new contactless payment method for online and offline transactions. The company announced the new payment method on its website Monday (Sept. 13), saying it allows consumers to pay with their Cash App account...

Payment Methods
BIS Says Central Banks Risk Playing CBDC Catch Up Game
September 12, 2021

There’s always deep debate about how best to promote innovation in the tech space – particularly when it comes to payments. The debate boils down to whether that innovation is best fostered through the efforts of the private sector or publicly-led initiatives from regulators and...

Payment Methods
TrueLayer and Cazoo Collaborate on Open Banking Payments and Refunds
September 10, 2021

TrueLayer, a European open banking platform, has announced a new partnership with Cazoo. The British online car retailer will benefit from TrueLayer streamlining its payment services, making it easier for customers to order and pay for products online. Most importantly, it will allow Cazoo to...