Payment Methods

Payment Methods
Venmo To Phase Out Web Support
June 18, 2018

Venmo, the peer-to-peer payment app owned by PayPal, is gearing up to discontinue web support for its payment service. TechCrunch, citing an email to users, reported that the Venmo.com website will phase out support for payments, and eventually there will be even less functionality on...

Payment Methods
The Payments Bucket List (No, It’s Not What You Think)
June 18, 2018

We compartmentalize our daily lives, separating goals and task into manageable “buckets” of thought and actions.  Why should payments be any different?  In the latest Topic TBD, Kelley Knutson, president of Netspend, notes that consumers are discovering new ways to discover what they want to...

Payment Methods
Zelle Projected To Grow More Than 73 Percent In 2018
June 15, 2018

With Zelle projected to overtake Venmo, eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle will reach 27.4 million users in the U.S. — more than Venmo’s 22.9 million users, TechCrunch reported. Get the Full...

Payment Methods
GasBuddy CEO: GasBack Is The New Cash Back
June 15, 2018

With about 220 million drivers on the road, gas is a commodity that nearly everybody needs. The average American fills up their gas tank three to four times per month, buying an average of 11 gallons each time. Get the Full Story Complete the form...

Payment Methods
Amex Rolls Out New Cash Back, No Annual Fee Cash Magnet Card
June 14, 2018

American Express, the payments company, announced Thursday (June 14) the latest addition to its cash back portfolio the no annual fee American Express Cash Magnet™ Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Microsoft To Take On Amazon In Cashierless Checkout
June 14, 2018

Microsoft wants to take Amazon.com on in the cashierless checkout market — the software giant is working on its own self-checkout technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Mezu: What It Would Take To Replace Cash
June 14, 2018

When Yuval Brisker landed in Tel Aviv for a family function, he didn’t have time to stop at a bank and exchange money before hopping in a taxi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Wells Fargo Merchant Services SMB Pricing Not At Parity With Square
June 13, 2018

Wells Fargo Merchant Services has decided to simplify the prices it charges small businesses (SMBs) to accept credit and debit card transactions to compete with startups like Square. According to Bloomberg, the changes are for SMBs that process $100,000 a year or less, getting rid...

Payment Methods
NJ Transit Upgrades Reduce Cash, Paper Ticket Usage
June 12, 2018

New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. Get the Full Story Complete the form to unlock this article...