PayPal is increasing the rates it charges businesses on its platform in a move to accentuate its value over its competitors and emphasize the benefits it provides, according to a press release on Friday (June 18). Get the Full Story Complete the form to unlock this article...
A payment analysis shows that 2020 was the year of contactless payments in the U.K., up 12 percent to $9.6 billion and comprising 27 percent of all payments in the region, according to the U.K. Finance 2021 Payment Markets Report report on Wednesday (June 16). Get...
Starting with a major kick-off event in Washington D.C. — Visa’s Tap to Phone mobile point of sale offering is officially coming to merchants in the U.S. today (June 16). The debut comes after the service is already live in 30 markets worldwide. Visa’s head...
We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions (FIs) and merchants to the cloud. Get the Full Story Complete the form to unlock...
Despite frenetic digital developments in recent months, the real estate space remains a wilderness of legacy payments that digital transformation is tackling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
“Consumer payments are like a tweet — 140 characters — but B2B payment are akin to passing a bill through Congress, with accounts receivable and payables as the parties,” Resolve Co-founder and CEO Chris Tsai remarked to Karen Webster. Get the Full Story Complete the...
Mobile cash payments platform PayNearMe has announced that customers will be able to facilitate cash payments for bills through the Green Dot Network at participating Walmart stores, according to a Tuesday (June 8) press release. Get the Full Story Complete the form to unlock this article and...
In this new epoch of payments, technologies and channels that were still experimental last year are going mainstream at speed — none more so than splicing artificial intelligence (AI) into the DNA of connected devices, creating new ways of transacting that go with the connected...
The rapid rush to digitization pushed by the pandemic period over the last 15 months has sparked something of a renaissance among peer-to-peer (P2P) payments players, not only expanding their offering to consumers but also by looking to take on larger chunks of the markets...