Visa wants the next wave of agentic artificial intelligence (AI) to do more than curate a dream vacation or the perfect outfit to wear for it. It wants it to pick up the tab. Unveiled Wednesday (April 30) at the company’s Global Product Drop, the...
Visa’s fiscal second quarter results underscored the continued displacement of cash in face-to-face commerce, the widening embrace of tap-to-pay technologies and rising commercial volumes — and notably, there’s been no consumer spending slowdown, according to management commentary on the earnings call Tuesday (April 29). Supplemental...
Mastercard has launched Agent Pay, its agentic artificial intelligence (AI)-driven payments program. The new offering, announced Tuesday (April 29), introduces Mastercard’s Agentic Tokens, which the company said builds upon tokenization capabilities that power global commerce solutions like mobile contactless payments, along with programmable payments such...
Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spending slow down despite the consumer sentiment surveys indicating that people are worried about the economy. During a fireside chat at the Semafor World Economy Summit on Wednesday (April 23), he said that...
Payment innovation needs payments infrastructure, and payments infrastructure needs usability. These are the twin engines of scalability, and design contributes heavily to the user experience (UX) layer. “One of the most difficult things to do is creating exemplary experiences and doing that consistently across a...
eBay says it is making Checkout.com its newest global payments acquiring partner. The collaboration, announced Wednesday (April 16), is designed to provide a more seamless commerce experience for shoppers on eBay, with Checkout.com’s technology, data and global acquiring expertise helping eBay to maximize payment acceptance....
The pandemic sent us all online to get the goods and services we needed — and if we weren’t comfortable using a mobile device to scroll and click through to a purchase, that discomfort fell by the wayside with haste. In the post-pandemic world, we’ve...
Credit cards remain among the most popular vehicles for payments — for both planned and unplanned expenses — and for many consumers, stretching out payments over time holds particular appeal. In doing so, via card installment plans, households are able to get what they need,...
Trust and familiarity are central to the payments experience. At the end of the day, consumers won’t pay with methods they don’t know much about or aren’t used to. And that’s fine, or it used to be, when the primary options available were card or...