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Central Bank of Ireland: Stores Can’t Refuse Cash Payments
December 29, 2021

The rapid rise in popularity of digital and contactless payments in Ireland has caught the attention of a leading consumer association when some stores reportedly started turning down cash payments from customers, the Independent reported on Wednesday (Dec. 29). Shoppers in Ireland can’t be forced...

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54% of Small Businesses Would Pay a Fee to Receive Ad Hoc Payments Instantly
December 29, 2021

Small to mid-sized businesses (SMBs) receive roughly 38% of their sales from buyers with whom they work on an irregular, ad hoc basis — once, twice, maybe a few times a year, according to “Fixing Small Business Payments,” a PYMNTS and Ingo Money collaboration. These...

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2022’s Next Big Thing: Solving the ‘Money Mobility’ Problem
December 29, 2021

The great digital shift may be upon us, but money has a problem simply getting around. Drew Edwards, CEO of Ingo Money, says solving the “money mobility” issue will be key for providers in 2022 and beyond. Right now, we’re in the tech-enabled equivalent of...

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More Tokenization and Better Routing Tech to Drive Conversion, Top Line in 2022
December 29, 2021

The year is almost in the rearview mirror — and looking back, 2021 represents a formative year for payments. Randy Guard, head of product at Spreedly, told PYMNTS in a recent interview that merchants and payment services have had to grow their digital businesses quickly...

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Billers Seek Tech Upgrades to Deliver Mobile and Real-Time Consumer Bill Pay Experiences
December 29, 2021

Much has been made of the great digital shift in eCommerce, where, as the pandemic wound its way through its first year, we went to online channels to get what we needed. Andrew Sajeski, vice president of solution consulting, biller segment at ACI Worldwide, told...

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The Future of QR Codes is More QR Codes, With Restaurants Continuing to Lead the...
December 27, 2021

Digital hieroglyphics of QR codes are everywhere now from airports to restaurants, leaving many to wonder what comes next — or if indeed we need something to replace a reborn piece of “outdated” character recognition tech that emerged as a hero of the pandemic. As vaccine...

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India’s Paytm Expands CEO Role To Include Oversight Of Growing Payments Business
December 26, 2021

Digital payments company Paytm has announced that Paytm Lending CEO Bhavesh Gupta has decided to take on leadership for the company’s offline payments division, a report says. This will come in addition to his existing responsibility. Paytm, in its regulatory finding, said it wants to...

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DigniFi CEO: Embedded Finance the Cornerstone of Auto Industry Innovation
December 22, 2021

The shift to digitization and embedded finance is transforming every industry, and the auto business is no different. The newfound ability to offer financing at the point of sale is allowing stakeholders, from the factory floor to the auto shop, to better understand the key...

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Mastercard Teams with Google Pay in India to Drive Tokenization for Card Payments
December 21, 2021

Mastercard and Google Pay are teaming up to launch tokenization that will enable users in India to make payments using a secure digital token without the need to share debit or credit card information, according to multiple reports. Google Pay Android users can scan-and-pay across...