Mastercard and Alipay+ have teamed to promote contactless payments in South Korea. This partnership will see the two companies provide support for mobile wallet Kakao Pay in launching NFC (near-field communication) payment for overseas transactions, the companies said in a Tuesday (Sept. 23) news release. With this partnership, Kakao...
JOI Gaming has picked Trustly as its main payment provider for the Dutch market. The partnership, announced Monday (Sept. 22), is designed to allow for instant payouts and seamless deposits into iDEAL, the Dutch instant payment system. Using Trustly’s open banking network and access to Dutch instant payment...
Most consumers in the United States aren’t saying no to pay by bank. They’re saying, “What’s that?” The simple knowledge gap, more than cost or convenience, may be the reason open banking payments have yet to catch on in the U.S. The PYMNTS Intelligence report...
Watch more: Need to Know: Visa DPS, Shane Malloy The moment a cardholder challenges a charge, it shifts from a quiet operational task to a critical customer touchpoint. Disputes are no longer just a back-office issue, said Shane Malloy, vice president of Value Added Services...
Mastercard and payment gateway provider HyperPay have partnered to issue commercial cards in Saudi Arabia, the United Arab Emirates and Qatar. The commercial cards will be launched in Saudi Arabia and later expanded to the UAE and Qatar, the companies said in a Wednesday (Sept....
Watch more: Acquirers and Payment Infrastructure — Powering the Mobile-First Future Acquirers must future-proof their operations in an increasingly mobile-first world. As Visa Acceptance Solutions Global Sales, Engineering Vice President Pritesh Patel told PYMNTS, there’s a continuing shift by acquirers who use third-party payment system...
PayPal has debuted a peer-to-peer payment offering called PayPal links. This new method lets users send and receive funds via a personalized, one-time link that can be shared in any conversation, the payments giant said Monday (Sept. 15), noting it arrival comes on the heels...
They came for the speed, but they stayed for the habit. In “Beyond Speed: The Case for Instant Payout Adoption and Stickiness,” PYMNTS Intelligence, in collaboration with Ingo Payments, reveals a hidden behavioral shift reshaping how United States consumers interact with disbursements. In a world...
Watch more: Monday Conversation The average person thinks of payments rarely, if it all. And when they do, they are most likely to consider them as infrastructure. Something important, but invisible. But that narrative is shifting to reveal a truth that industry insiders have long...