Payment Methods

Payment Methods
European Trade Group Delivers Framework Overview for Pan-European Payments
September 29, 2022

A European trade group submitted an overview of its framework proposal for pan-European retail payments at any point of interaction (POI) that would help facilitate interoperability and competition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
UK Shoppers Seek Frictionless, Integrated Digital In-Store Experiences
September 29, 2022

Even before the pandemic heightened local demand, contactless card use had been growing in the United Kingdom as far back as 2007 when the “OnePulse” card was launched, limiting payments to £10 (about $10). Get the Full Story Complete the form to unlock this article...

Mobile Payments
Square Now Opens iPhone Tap to Pay to All US Sellers
September 28, 2022

Square’s Early Access Program for Tap to Pay on iPhone is officially over and the payment option is now available to all sellers in the U.S. using an iPhone and Square’s point of sale (POS) app. Get the Full Story Complete the form to unlock...

Payment Methods
Capital on Tap Adds Virtual Cards to Small Business Platform
September 27, 2022

Global FinTech Capital on Tap has added virtual cards to the services it already provides through its small business credit card and spend management platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
OpenPayd Partners With Social Investment Platform eToro for Near-Instant Payments
September 27, 2022

Social investment platform eToro has partnered with OpenPayd, a banking-as-a-service (BaaS) infrastructure provider, to help power eToro Money accounts across Europe, offering an almost-instant payments experience, a press release said Monday (Sept. 26). Get the Full Story Complete the form to unlock this article and...

Mobile Payments
Shopify Heralds Return to Offline Retail With ‘POS Go’
September 27, 2022

Shopify has unveiled POS Go, a point-of-sale (POS) hardware solution that lets merchants transact sales “from counter to curb.” 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...

Payment Methods
Marketplace Model Provides POS Credit Pipeline to Retailers in Tough Times
September 27, 2022

Products like buy now, pay later (BNPL) have retrained consumers to expect fast credit decisions — ideally in their favor — at the point of sale, whether online or in-store and that expectation now extends to all forms of nontraditional consumer lending. At the same...

Prepaid
Brazil to Cap Prepaid Card Interchange Fees to 0.7% Starting April 2023
September 26, 2022

The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the settlement term for debit and prepaid card transactions. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Alipay+ Enables 4 Asian Digital Wallets in South Korea
September 26, 2022

Digital payments platform Alipay+ has partnered with Asian mobile payment providers to enable the use of four digital wallets in South Korea.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...