As commerce becomes truly omnichannel, consumers are becoming used to wielding plastic and virtual cards. According to Amanda Gourbault, executive vice president, financial institutions at IDEMIA, enhancing the digital services on offer as those physical and virtual cards are launched can make them more attractive to...
Paying bills online is by no means an innovation. In fact, at this point, it’s a struggle for average consumers to remember how to pay by check. But, as BillGO’s Russ Chacon told PYMNTS in a recent discussion, the digital bill pay experience as most...
PayPal is increasing the rates it charges businesses on its platform in a move to accentuate its value over its competitors and emphasize the benefits it provides, according to a press release on Friday (June 18). The global FinTech company pointed out the benefits of using its...
A payment analysis shows that 2020 was the year of contactless payments in the U.K., up 12 percent to $9.6 billion and comprising 27 percent of all payments in the region, according to the U.K. Finance 2021 Payment Markets Report report on Wednesday (June 16). Total...
Starting with a major kick-off event in Washington D.C. — Visa’s Tap to Phone mobile point of sale offering is officially coming to merchants in the U.S. today (June 16). The debut comes after the service is already live in 30 markets worldwide. Visa’s head...
We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions (FIs) and merchants to the cloud. In an interview with PYMNTS, Mark Smith, head of...
Despite frenetic digital developments in recent months, the real estate space remains a wilderness of legacy payments that digital transformation is tackling. As WeWork Senior Director of Treasury Operations Trish Fisher said she sees it, the events of the past 16 months are forcing the...
“Consumer payments are like a tweet — 140 characters — but B2B payment are akin to passing a bill through Congress, with accounts receivable and payables as the parties,” Resolve Co-founder and CEO Chris Tsai remarked to Karen Webster. Therein lies the comparative complexity that...
Mobile cash payments platform PayNearMe has announced that customers will be able to facilitate cash payments for bills through the Green Dot Network at participating Walmart stores, according to a Tuesday (June 8) press release. PayNearMe gives people who rely on cash the ability to make bill payments...
