Payments personalization enables a merchant to deliver a ubiquitous experience — consumers in any market can pay in any manner they choose. We’re not there yet. But BigCommerce CEO Brent Bellm, Computop CEO Ralf Gladis and PayU CEO Mario Shiliashki told Karen Webster that taking...
Fifty-nine percent of consumers who tried a new payment method in the past year used digital wallets, making them the most popular new payment method. The willingness of consumers to try all manner of payment methods in the past year was clearest among Generation Z...
Embedded finance — where financial products and payments pop up in any number of consumers’ daily activities — is now an expectation, a “need to have” for banks and enterprises. Deirdre McClure, chief customer officer at Treasury Prime, told PYMNTS that the demand for seamless...
Canadian FinTech company Nuvei is making embedded payments accessible for businesses as a customer retention tool through its global expansion of Nuvei for Platforms. According to a Tuesday (Nov. 15) press release, the platform is designed to give digital commerce, banking and FinTech platforms the...
Just like consumers now expect to be able to book a single journey with multiple airlines in one transaction, rail booking platforms like Trainline and Omio have become essential tools for Europe’s rail travelers who don’t fancy navigating multiple train booking systems to purchase tickets....
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm TeamApt, account transfers represented over 80% of all business transactions in August 2022, compared to...
The path to broad retail acceptance of online bank transfers may depend on consumers’ willingness to experiment with new payment methods, and PYMNTS’ data suggests the willingness is there: 29% of consumers are very or extremely interested in trying a new payment method. Moreover, the...
In economic crises, companies often reflexively clamp down on new product and market development, when in many cases such times can be exploited as springboards to growth. Speaking with PYMNTS for the “Executive Insight Series: The Next Three Years,” PayU Global Payments CEO Mario Shiliashki...
As Modern Treasury Co-Founder and Chief Product Officer Matt Marcus sees it, over the next few years, the payments sector will see seismic shifts as transactions make the leap to near-instant settlement and widespread usage. Speaking with PYMNTS, Marcus said he’s grown used to rapid...
