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Payment Methods
What is a payment method? Well there are many, debit, credit, ACH, blockchain, and cross border. There are also many other way to transact through the wires. Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.
(source: en.wikipedia.org)
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3.4KVISAVisa Postpones New Merchant Fees Until July
Visa has delayed the introduction of a new fee structure due to the coronavirus scare, according to a report. The new fee...
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1.5KPayment MethodsEU Encourages Contactless Payments To Reduce Coronavirus Risk
The European Union financial watchdog said that payment companies should use more contactless payments to help curb the spread of the coronavirus,...
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1.2KAppleApple Card’s New Privacy Policy Allows More Data Sharing With Goldman, Adds Transaction Details
Apple has updated Apple Card’s privacy policy to allow more sharing of anonymous data with partner Goldman Sachs, according to a report....
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1.7KMobile PaymentsSmartphone-maker OnePlus Brings Mobile Payment Platform To China
Chinese smartphone manufacturer OnePlus said it would debut its mobile payment system this year when its OnePlus 7T series of mobile phones...
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1.7KFaster PaymentsEU Merchants Offer WeChat Pay To China’s Shoppers
Wirecard will add more options for Chinese customers looking for eCommerce as they integrate the WeChat Pay option to help people pay...
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1.2KCommerce ConnectedThere’s More To The Store With Connected Commerce Innovation
Here’s something: Spending in brick-and-mortar stores actually grew at a rate of 4.2 percent year over year in 2019 – an increase...
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3.2KMastercardKicking The Paper Check From Its Public Payment Perch
While paper checks are increasingly passing into the realm of consumers’ memory, there are certain niches where they have managed to hold...
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3.4KPartnerships / AcquisitionsMastercard, Samsung Tie-Up Lets Consumers Pay On Demand
Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday...
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1.5KLegalProposed Law Would Force Delaware Businesses To Accept Cash
A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the...
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3.5KPayments InnovationMaking Invisible Payments More Than A Buzzword
From cash and coins to mobile wallets to wearables … to invisible payments. About 90 percent of purchases are still being made...
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4.0KPayments InnovationMerchants, PayFacs And Monetizing Payments Flows
Amid the seismic changes that have refashioned the payments landscape over the last few years — as large players get ever larger...
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2.4KPayment Methods‘Buy Now, Pay Later’ Goes Big
What instant lending innovation have shoppers fallen in love with? Here’s a hint: We’ll tell you now … and you can thank...
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4.6KPayment MethodsFiserv On Why 2020 Is ‘The Year Of P2P’
Will this be the year that real-time payments — and, especially, peer-to-peer (P2P) — reach critical mass in the United States? In...
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4.3KPartnerships / AcquisitionsVisa Teams With Nigeria’s Paga For Global FinTech
Visa is partnering with the Nigeria-based startup Paga to bring payments technology to Africa and abroad, according to reports on Monday (March...
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5.8KSafety and SecurityWorld Health Organization Cautions Against Cash Usage
The World Health Organization (WHO) is advising people to not use paper tender and to use as many cashless options as possible...
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1.6KFaster PaymentsAruba’s Banks Move To Real Time Payments
All of the banks in Aruba have switched to instant payments (IP) through the use of the Clearing and Settlement Mechanism (IP...
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1.4KPayment MethodsNext-Gen Debit Still Ahead Of Its Time
When the U.S. Department of the Treasury’s Bureau of the Fiscal Service disburses monies to federal benefit recipients, from veterans to senior...
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3.1KB2B PaymentsAmid Amex Controversy, Corporate Card Competition Heats Up
The biggest news from the commercial card world this week came from American Express, which is facing allegations that it mistreated small...
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3.5KBuy Now Pay LaterSplitit Teams With Visa For BNPL Payments
The buy, now pay later (BNPL) technology firm Splitit Payments has partnered with Visa to advance installment payments for merchants and evaluate...
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2.4KRetailEnabling Retail Convenience With Vending Machines And Kiosks
To help consumers conveniently access their favorite products, retailers are offering a wide array of merchandise through automated retail technology. These innovations...
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1.6KRestaurant innovationMobile Order-Ahead Feeds Restaurant Sector
“I don’t know. What do you feel like eating?” That ping-ponging Q&A session often seems like a riddle designed to make hungry...
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3.7KB2B PaymentsAP Automation Braces For Open Banking, Globalization
As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for...
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2.4KPayments InnovationWill Bird’s Payment Plans Take Flight?
(Warning: This article contains puns aplenty, fowl indeed). Bird, the scooter company, may ruffle some feathers in the very cities and locations...
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2.0KDigital PaymentsFinablr’s BayanPay Awarded Payments License From Saudi Authority
Finablr, a global platform for payments and foreign exchange solutions, has announced that its Saudi-Arabia based network brand, BayanPay, has been awarded...
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3.6KPayment MethodsMastercard, Rakuten Viber Team To Bring P2P Transfers To Romania
Mastercard has expanded its partnership with Rakuten Viber to bring peer-to-peer (P2P) payments to Romania via Moneytou, which makes transferring money easy,...
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2.2KPayment MethodseScooter Startup Bird Trials Payments Feature
Silicon Valley-based micromobility startup Bird is launching an in-app payments feature that enables its electronic scooter (eScooter) riders to buy from local...
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1.9KGig EconomyDeep Dive: Catching Up On The Freelance Payment Curve
No freelancer appreciates delayed payments, which can destabilize their financial health. The flexibility that enables freelancers to work with the companies they...
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2.3KBitcoinBitcoin Daily: Gaming Currency Surges In Real Cash; Airline Allows Passengers To Pay In Crypto
People flying with Norwegian Air will soon be able to pay for their flights with cryptocurrency, according to CoinDesk. Norwegian Air, one...
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2.5KInternationalPaysend Launches Mobile Multi-Currency Wallet In Europe
The U.K. FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the...
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3.3KCryptocurrencyCoinbase Approved For Principal Visa Membership
The Silicon Valley cryptocurrency exchange Coinbase has become the first pure-play crypto startup to earn approval as a Visa principal member, the...
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3.6KB2B PaymentsDeutsche Bank To Help Sri Lanka With Digital FX
Deutsche Bank announced on Tuesday (Feb. 18) that it would improve its Sri Lanka operation with the launch of a new digital...
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4.7KB2B PaymentsSumUp, Mastercard Intro Business Payments Card
U.K. FinTech SumUp is launching its first card for business payments, in partnership with Mastercard, SumUp announced in a blog post on...
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3.5KRetailIKEA Allows Consumers To Use Time As Currency
With a move that could change how shoppers buy merchandise, IKEA is allowing consumers to essentially pay with their time. IKEA Dubai...
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2.7KB2B PaymentsTaking The Temperature Of B2B Payments In Healthcare
The U.S. healthcare system is a multi-trillion dollar industry, but one rife with inefficiencies, especially when it comes to payments. In an...
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2.2KUnattended RetailConsumers Turn To Unattended Retail For Speed, Shorter Lines
We all have certain moods and comfort zones when shopping. For some purchases – costly designer fashion and jewelry, luxury cars and...
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3.9KIPOAfterpay On Surviving And Thriving After Its Early IPO
In the U.S., large luminary technology firms tend to take their time getting to their initial public offerings (IPOs). Square had been...
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3.4KInnovationApple Introduces Augmented Reality For Retailers
Apple is updating its augmented reality (AR) Quick Look feature to enable merchants to sell its products in-app for an instant AR...
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1.9KInnovationSafety Shows Up On The Connected Cars Agenda
Safety is becoming a profitable point of engagement for connected cars. With the National Automobile Dealers Association show coming up this weekend,...
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2.7KInnovationFingopay Successfully Uses Vein Biometrics For Bank-To-Bank Payment
Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has...
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7.5KPartnerships / AcquisitionsPayPal And FIS Team On Loyalty Points Redemption
FIS and PayPal have expanded their partnership so that cardholders of institutions participating in the FIS Premium Payback network can use their...
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3.4KPartnerships / AcquisitionsChargeAfter, Visa Partner To Expand POS Financing Options
Visa has made a strategic investment in the point-of-sale (POS) financing technology platform ChargeAfter to support its partnership to bring more financing...
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1.3KPayment MethodsBNPL Drives Customer Acquisition, Cuts Cart Abandonment
Among the more notable payment trends of 2019 and 2020 is the rapid rise of the buy now, pay later (BNPL) options...
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7.2KDisbursementsOhio University On Paper Checks And The Higher Ed Financial Aid Catch 22
Real-time or instant payments have proved their worth to the businesses — and individuals — that need quick transactions to stay afloat....
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5.0KGlobal PaymentsSWIFT gpi Transferred Over $77T In 2019
Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the...
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4.6KRetailTapping Into Mobile Dining Innovation With QSR Apps
To help diners make the best use of their mobile devices to order meals, quick-service restaurants (QSRs) are tapping into mobile innovations....
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3.5KUnattended RetailNEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark
Consumers’ interest in unattended commerce goes far beyond candy and soda vending machines. There are 48.6 million consumers in the U.S. who...
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2.8KB2B PaymentsInnoviti Launches UPI-Compliant B2B POS Solution In India
Indian payment solutions company Innoviti has launched a point-of-sale (POS) solution called Saadhan to give B2B businesses a convenient payments package that...
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2.6KPayment MethodsBuy Now Pay Later Startup Sezzle Tops 1M Active Customers
Digital payments FinTech startup Sezzle announced on Monday (Feb. 10) that it topped 1 million active customers. Founded in 2016 and headquartered...
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2.4KRetailTaking A Sharing Economy Approach To Hotel Booking
Roost Co-founder and CEO Sam Tate went on an extended vacation two summers ago after his junior year of college. It was a...
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1.7KBuy Now Pay LaterHow Delta Galil’s Fashion Brands Use BNPL To Boost Loyalty
The fashion world moves fast to serve consumers and merchants searching for the next new thing — and for the most convenient...
