With fine dining having taken a hit amid the pandemic, quick service and fast-casual restaurant gift cards are holding steady and even seeing a bit of growth, a new study by Paytronix finds. Sales of restaurant gift cards plunged by more than 30 percent over...
Hong Kong businesses now have a way to pay suppliers around the world using credit cards – even if the payees don’t normally accept them – via a new solution from CardUp. CardUp, a Singapore-based digital credit card enablement platform, said on Wednesday (Dec. 2)...
The U.S. Consumer Financial Protection Bureau issued an advisory opinion Monday (Nov. 30) that earned wage access (EWA) products do not represent extensions of credit under one of its key regulations. Earned wage, or on-demand, payroll access is used by many companies to give their...
Blackhawk Network is introducing a suite of tools merchants can use worldwide to connect digital and physical payments, the company said in a Tuesday (Dec. 1) press release. “Retailers’ and merchants’ businesses changed instantly this year, and Blackhawk has responded with a product suite that...
When it comes to the attitude about and usage of credit, not all countries are created equal. In fact, even within geographic areas certain countries have high cash volumes even in the COVID-19 world where passing paper is a more dangerous activity. In the EU...
HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for things, according to an emailed press release. The HSBC Open Payments application will let businesses connect their checkout pages with...
Plagued by a deadly virus, toiling to jumpstart an economy in tatters and longing for a return to normalcy, the case could be made that giving up and starting over would be the smart thing to do. And yet, despite the hardship and impossible odds,...
When we think about holidays on Main Street, there is a certain mental image we all flash to, nurtured by decades of singing Christmas carols. We all know the picture — city sidewalks, busy sidewalks, people dressed in holiday style. Children laughing, people passing, meeting...
The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta, payments practice lead at FinTech Alacriti, told PYMNTS in a recent interview. Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase...