When payment gateways go down, transaction declines go up and customers' frustrations and defections aren't far behind. In the latest "Payments Orchestration Playbook," Ryan Ewers, COO at digital tee-time platform Supreme Golf, tells PYMNTS how important orchestration is in keeping declines to a minimum and...
Two-thirds of adults around the globe now leverage digital payments on a regular basis, including 57% of consumers in developing countries. Offering these digital payment options smoothly and seamlessly is easier said than done, however, with a seemingly endless array of complications in processing these...
Due to consumer demand, IDEX Biometrics on Monday (July 25) launched a biometrics payment card program across Turkey that should be in consumers’ hands by the first quarter of 2023, according to a press release. Earlier this year, IDEX, a provider of fingerprint identification technology,...
Consumers have grown to expect seamless and innovative payment experiences, and FinTechs are delivering. But they also face competition as financial institutions (FIs) and even device manufacturers such as Apple innovate how consumers can send and receive funds. To stay competitive, FinTechs must develop an...
Consumer-to-business payments firm Sionic says it is releasing online and mobile widgets that accept real-time, bank-to-bank digital donations. The Atlanta-based company announced the launch in a news release Wednesday (July 6), saying the move will allow for instant, lower-cost cash deposits to nonprofits from donors....
Efforts to save money were prominent in the news this week, with reports that consumers are trading down from restaurants to groceries and news that Amazon has extended its Prime benefit to Amazon Fresh stores. Restaurants and other businesses can respond to these trends with...
Thirty-eight percent of all United States and Canadian businesses use virtual cards to make or receive payments from their business partners. The firms that have adopted virtual card payments like these say that the technology has improved their broader payments operations in an average of...
Though real-time payments (RTP) aren’t yet available in Canada, North America’s commercial northern lights want all the benefits of real-time rails, one might say, in real time. In the study “Accelerating The Time To Realized Revenue Playbook: The Real-Time Payments Edition,” a PYMNTS and Mastercard...
Digital payments have become must-haves in the retail world as customers have come to expect that their credit card transactions will be processed successfully without false declines, lag time or outage-caused interruptions. The global transaction value for digital payments was estimated at $7.4 trillion last year and is projected to reach $15...