The check is in the mail just won’t cut it anymore. As stated in the latest edition of the PYMNTS Disbursements Tracker, 67 percent of consumer and microbusinesses consider real-time payouts essential to their relationship with payors. The opportunity is now on the shoulders of...
In a year that saw a surge in contactless payments, QR codes have risen with the tide. As reported in several PYMNTS research projects, contactless payments have surged by 150 percent in the U.S. since March 2019, which, in turn, has boosted QR code adoption by 11...
After a little over a year of being on lockdown, people are ready to get back out there. That is the takeaway from a PYMNTS survey on the past, present and future of the digital consumer. It’s not true for everything, of course. When it...
CITCON, a mobile wallet company, has added the most popular mobile wallets and local payment methods in Latin America (LATAM) and Asia Pacific (APAC) on its platform, according to a press release. That will help make a simple integration possible for those regions, where traditional...
Cross-border payments represent a big opportunity for firms worldwide — more than $120 trillion in payments volume flows each year between business trading partners globally, and $10 trillion of that volume is cross-border trade. But along with that $10 trillion opportunity comes a series of...
Building a digital payments infrastructure from the ground up in Southeast Asia is every bit as challenging as it sounds. Case in point: When FinTech company Xendit worked with a bank in Jakarta, a bulldozer came through and plowed up one of the city’s main...
Sharonview Federal Credit Union has partnered with Elan Financial Services to offer a credit card program to its members, according to a press release emailed to PYMNTS. The partnership will offer a suite of credit card products and services to Sharonview’s over 90,000 members, including...
Noting that the progress of the U.S. economic recovery is at a fragile stage, both Mastercard and Visa announced on Tuesday (March 16) that they have each postponed planned hikes in interchange fees. Both companies had announced previously that they would increase fees starting in...
The conventional wisdom about consumers is the average person doesn’t really care about how payments happen. Security? Check. Rewards? Check. Acceptance? Check. Type of payment rails on which the transaction travels? Not so much. But consumers should care, according to instant payment service platform Eco’s...
