Failed Payments

PayNearMe Raises $50 Million to Enter New Markets

PayNearMe Raises $50 Million to Enter New Markets
PayNearMe Raises $50 Million to Enter New Markets
September 16, 2025  |  Payments Innovation

Payments FinTech PayNearMe says it has secured $50 million in new funding. The Series E investment from AVP (Atlantic Vantage Point) is designed to speed...

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Visa and Spreedly Combat Failed Payments Via Just-in-Time Card Updates
Visa and Spreedly Combat Failed Payments Via Just-in-Time Card Updates
June 24, 2025  |  Partnerships

Open payments platform Spreedly has launched a new partnership with Visa. The collaboration, announced Tuesday (June 24), centers around an enhancement of the Spreedly platform...

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FlexPay and Spreedly Team to Recover Failed Subscription Payments
FlexPay and Spreedly Team to Recover Failed Subscription Payments
June 26, 2024  |  Subscriptions

Open payments platform Spreedly has expanded its partnership with payments company FlexPay. The new collaboration, announced Wednesday (June 26), is designed to recover failed transactions...

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Orum Debuts ‘No Code Verify’ to Combat Failed Payments 
Orum Debuts ‘No Code Verify’ to Combat Failed Payments 
May 02, 2024  |  Authentication

Payments firm Orum has debuted a tool to help clients prevent failed payments. No Code Verify, announced Thursday (May 2), lets businesses and institutions determine if a...

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Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024  |  Fraud Prevention

For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players...

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eCommerce Merchants Fail to Connect Failed Payments and Fraud
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024  |  Fraud Prevention

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...

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Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
February 23, 2024  |  Digital Payments

False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning.  According to findings...

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Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
February 21, 2024  |  Cross-border Payments

Many U.S. eCommerce merchants prioritize international markets, but see higher failed payment rates in cross-border transactions than in domestic ones. These payment failures significantly impact...

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