Payment Methods

Payment Methods
Affluent Consumers Most Likely to Use Store Card Installment Plans
January 22, 2024

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer segments, the leading users of installment purchase plans are neither millennials nor lower-income earners but high-income consumers. Get the Full...

Payment Methods
Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
January 22, 2024

Fiserv says members of its uChoose program can now use card reward balances to buy gas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Payment Methods
Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
January 22, 2024

Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks and utilize intermediaries like peer-to-peer (P2P) service providers such as Venmo or PayPal. Get the Full Story Complete the form...

Payment Methods
Mid-Sized Companies Embrace Instant Methods for Non-Recurring Payments
January 18, 2024

Ad hoc payments are considered outside of recurring invoicing and check requests and can be processed in any payment method, directly to a bank account, in cash or via any form of instant payment system. Being the most common payment an average firm receives, by...

Payment Methods
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The question of whether consumers will continue using these plans is already answered — they will — but another question has...

Payment Methods
Money Mobility Underpins the Ongoing Evolution of Commerce ‘Mini-Ecosystems’
January 18, 2024

Ingo Payments CEO Drew Edwards told Karen Webster in an interview that the incentive and technologies are there for forward-thinking companies and firms enabling money mobility (including Ingo) to create their own ecosystems and keep money flowing within them. Get the Full Story Complete the...

Payment Methods
Event Management Platform Eventbrite Adds Instant Payouts, Tap to Pay
January 16, 2024

Eventbrite has added Instant Payouts and Tap to Pay to its event management and ticketing platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Payment Methods
PayFacs Expect Half of Their 2024 Revenues to Come From Value-Added Services
January 16, 2024

In today’s fast-paced digital world, companies across various industries are recognizing the importance of improving customers’ payments experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Payment Methods
Treasurers Look to Their Bankers to Co-Create Embedded Payments Solutions
January 12, 2024

Debopama Sen, head of payments, Citi Services, and Biswarup Chatterjee, head of partnerships and innovation, Citi Services, told Karen Webster that when it comes to payments, banks must offer choice, speed and transparency to their enterprise clients. Get the Full Story Complete the form to...