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Payment Methods
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2.1KNewsVenmo, Girl Scouts And Bitcoin: The Week In Unexpected Upsides
Usually when we talk about unintended consequences here at PYMNTS, we are talking about something that has gone terribly wrong, or at...
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3.2KCashRetailers In Some States May Be Forced To Accept Cash
With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a...
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6.3KDigital PaymentsAdyen Launches Direct-To-Merchant Payment Service
Adyen, the payments platform, announced Wednesday (Feb. 20) it has launched a new payment service that is powered by open banking. In...
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3.1KDigital PaymentsACH Network Adds More Than 1B New Payments In 2018
NACHA, the steward of the ACH Network, announced Tuesday (Feb. 19) that last year was a milestone year for the ACH Network with...
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2.6KBankingVisa, Lloyds Pilot New Cash Scheme To Boost Access
Lloyds Banking Group, the U.K. bank, announced Tuesday (Feb. 19) a partnership with Visa in which the two have launched a new...
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5.4KPayment MethodsFinTech-As-A-Service Eyes Global Payments Simplification Makeover
To streamline FinTech, and to help consumers and businesses transact in the ways they desire, firms must move beyond the silo approach....
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2.0KRetailWhy North American Merchants Are Adopting Alipay In-Store (And Online)
To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay...
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2.0KInvestmentsGoCardless Raises $75M In Funding For Organic Growth
GoCardless, the global player in recurring payments, announced Monday (February 18) it has landed $75 million in venture funding. In a press...
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2.3KMobile PaymentsAlipay Accepted At Walgreens Nationwide
Alipay’s mobile payment platform will now be available at thousands of Walgreens locations throughout the U.S. “Walgreens is focused on making shopping...
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2.2KPersonnelMastercard CFO Retiring; Sachin Mehra To Take On Role
Mastercard, the Purchase, New York payments company, announced Wednesday (Feb. 13) that its chief financial officer is retiring. In a press release,...
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3.7KVoice ActivationWhy Voice Is Vital To Connected Commutes
Here’s one way to imagine the dramatic developments in the growing connected-vehicle ecosystem, and how much is likely to change in a...
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2.0KFaster PaymentsMetaBank Goes Live With Faster Payments
Metabank has launched a new payments platform to help its partners disburse funds almost instantly, according to a release by the company....
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1.2KFinancial InclusionUK Lawmakers, Regulators Call For Cash System Overhaul
Lawmakers and regulators in the U.K. called for an overhaul of the cash system in the country to avoid people from being completely shut...
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2.2KToday In DataNew Paths And Pressures For Payments
The payments landscape in Europe is set to change later this year, with PSD2 joining GDPR in a kind of early 21st-century...
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5.2KPayment MethodsWhy Airlines Need To Get Their Wheels Up On Alt Payments
Time is up. That — according to CEO Kristian Gjerding of CellPoint Mobile and CEO Ralph Kaiser of Universal Air Travel Plan (UATP) — is...
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4.1KPayment MethodsPayPal Credit Reaches $50B In TPV
PayPal Credit said Monday that it has reached $50 billion in total payment volume. The company said that of that tally, PayPal...
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2.9KPartnerships / AcquisitionsWorld First To Exit US Market To Keep Sale To Ant Financial Alive
World First, the U.K. money transfer company, has shuttered its U.S. business to avoid having its acquisition by Ant Financial of China...
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6.3KGlobal PaymentsLightspeed Rolls Out Integrated System; Central JD Fintech Unveils Dolfin Wallet
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the roll out of a new...
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4.4KToday In DataScoring A Touchdown For Consumer Choice
Customers want what they want, whether that be a voice assistant, a family vacation or to place a wager on the biggest...
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3.2KVISAVisa, Digital Wallet LINE Debut Credit Card
LINE Pay Corporation, operator of the popular payment app LINE Pay, announced that it is launching a LINE Pay co-brand credit card with...
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3.8KAlternative FinancesPetal Raises $30M To Expand Credit Card Biz
Petal, the New York-based FinTech that makes a credit card for consumers just starting out, announced Tuesday (Jan. 29) that it raised...
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7.2KPayment MethodsMicrosoft Wallet App To Be ‘Retired’ On Feb. 28
Microsoft Wallet app, the company’s cashless mobile payment app, will be discontinued at the end of February, the company said on its...
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4.5KRetailHow Top Merchants Are Tackling Subscription Conversions
To make life easier for customers, companies in many different industries, from consumer packaged goods to luxury automobiles, are adopting the subscription...
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4.9KPayment MethodsWhy Gig Payments Need To Be Just Like Cash
When looking at the latest edition of the PYMNTS and Hyperwallet Gig Economy Index, there are some familiar trends. According to the...
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3.5KPayment MethodsGiving Community Banks The Contactless Card Boost
Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method...
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2.8KInvestmentsZwipe Raises $14M For Biometric Payment Cards
Zwipe, the biometrics payment company, has raised $14 million in venture funding, reported TechCrunch. According to a report in TechCrunch, citing Zwipe,...
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2.6KMobile PaymentsUnionPay Footprint Expands Just In Time For Spring Festival
Chinese consumers are planning to celebrate the Chinese New Year by traveling outside of the country, prompting UnionPay to expand its acceptance...
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2.8KRetailBrandless Turns To Subscriptions To Make Service Stickier
With simple packaging that is nondescript by design and an ethos that values simplicity and quality above all, Brandless has made quite...
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4.7KDigital PaymentsBehind Bars: Mobile Payments And Digital Disbursements Go To Prison
Cash is a general no-go in prison, with inmates required to use funds and wages deposited into accounts to pay for commissary...
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2.9KSizzle/FizzleSizzle Of The Week: Zelle’s Accelerating Growth
Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018....
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4.1KPayment MethodsApple Pay Lets Users Down Under Pay Merchants From Their Bank Account
Apple Pay, in a move that will let users in Australia skip credit card fees at places that support EFTPOS (electronic funds...
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4.0KPayment MethodsSquare Launches Free Business Debit Card
Square announced Thursday (Jan. 17) the Square Card, a business debit Mastercard aimed at helping businesses manage cash flow. In a press...
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4.4KConsumer FinanceSWIFT Publishes Standard For Pay Later APIs
SWIFT announced Wednesday (Jan. 16) that it published a standard for the Pay Later APIs, which it said is a key step in...
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3.7KRetailTackling Restaurant Waste With Mobile Apps
Restaurants often prepare too much food for the lunch or dinner rush, but startups are providing them with an avenue to market...
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5.5KMatchmakersWith This Ring, I Thee Pay — Buy, And Authenticate
Human wrists deserve a break when it comes to payments, commerce and even authentication, right? To put it another way: Is there...
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3.1KPersonnelUS Faster Payments Council Names New Leadership
The U.S. Faster Payments Council (FPC), a membership comprised of payment industry leaders, has appointed Kevin Christensen, a senior executive at the...
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3.2KSMBsWhy One-Size POS Does Not Fit All SMBs
From hardware to software, from cash registers to digital wallets, the way commerce is done at smaller firms (SMBs) is changing, especially...
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2.7KUnattended RetailAre Vending Machines Contextual Commerce’s Next Frontier?
Everyone has a vending machine experience go awry. The bill receptor that wouldn’t take the wrinkled dollar bill, the can of Coke...
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3.7KB2B PaymentsKabbage Pay Later Gets Support From Alibaba
Kabbage, the financial services, technology, and data platform company for small businesses, announced Monday (Jan. 14) that it is powering the Pay...
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5.6KPOS InnovationPayPal, HP Team On New POS
In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to...
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3.5KDisbursementsDelivering On-Demand Payments To On-Demand Professionals
Tools and cleaning supplies aside, handymen and housecleaners need a reliable cash flow keep their financial houses in order. On-demand wages, says...
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3.1KB2B PaymentsHow AP Can Tip The Scales In Favor Of Virtual Cards
In the world of payments, rife with friction, there is no such thing as a silver bullet. Even when technologies come close...
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5.4KDisbursementsOn-Demand Wages Spruce Up The $400B Home Services Market
From tax refunds and government assistance to payments made for home service and housekeeping professionals, faster payout solutions appear to be gaining...
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2.3KGlobal PaymentsTyro Brings Alipay To Australian Airport; Paysend Rolls Out PaySendLink Service
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Tyro‘s integration of Alipay into airport...
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1.9KRetailJacqueline’s Teas On Crafting Cafe-Inspired Subscriptions
Tea subscription services are taking inspiration from tea houses, with entrepreneurs bringing family businesses online. Barbara Soley helped bring Jacqueline’s Teas to...
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2.5KPartnerships / AcquisitionsPaya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
Build or buy — or how about buy, then build? Continuing an acquisitive strategy that seeks to expand integrated payment capabilities, Paya...
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6.5KPayment MethodsOnline Sports Gambling Makes Bet On Faster Payments
Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a...
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2.8KGlobal PaymentsWirecard, Ctrip Roll Out Multi-Currency Card; Missguided Launches ‘Pay Later’ Option
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s...
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3.5KPayment MethodsAlternative Payments Gain Global Traction, But Cash Remains Tough Foe
The recent announcement that China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia stands as the latest example...
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2.7KPayment MethodsIn Hungary, Instant Payments Gain Traction
The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. To that end,...
