ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. NACHA — The Electronic Payments Association said the value of the payments was $4.5 trillion, an increase of 12 percent compared to last year. Get the Full...
At the end of the day, small businesses want to do the thing they went into business to do. Shoe stores want to sell shoes, accountants want to file taxes, contractors want to rearrange kitchens and restaurants want to serve food. Get the Full Story Complete...
The plastic payment card is dead. Long live the plastic payment card! 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, PYMNTS Today. By...
Merchants must manage billions of tokens – easier said than done. Nitin Prabhu, PayPal’s senior director of issuance, tokenization and loyalty platform, offers a hint of history, provides perspective on concept and execution, and gives a roadmap as to where we are headed with tokenization. Hint: Standardization...
Flipkart, the eCommerce giant based in India, is getting into the financial services industry with two new products. 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...
Mass payments are no novel concept. Readers of this space know that many verticals and functions, from insurance to payroll – where payments are on the grandest scale in terms of volume – could see improvement in convenience and choice if only more companies would embrace...
The yin and yang concept, born in China, can be applied to so many things. 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,...
Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering to enable customers to pay small businesses. Bloomberg, citing people familiar with the situation, reported Zelle is in the process of enhancing its risk...
Square, the digital payments company, announced on Wednesday (Aug. 15) that it delivered on its pledge to make EMV transactions faster in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
