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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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Digital PaymentsPayPal’s Magats: Digital Shift Forces New Focus On Auth Rates — And New Ways To Boost Them
If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product...
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VISAVisa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
Careem, the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. The agreement is expected to...
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Payment MethodsChime Launches Credit Card That Taps Into Bank Account Funds
Credit Builder, a U.S. challenger bank, has debuted a new credit card that works like a debit card by letting customers spend...
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Payment MethodsHow To Deliver The Modern Disbursements Experience
The world of business payments is a complex place, including both recurring and ad-hoc payments to a variety of recipients — vendors,...
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Buy Now Pay Later‘Buy Now, Pay Later’ Readies For Pent-Up Demand
With U.S. banks seeing the savings rate hit a historic 33 percent in April, COVID-19 has fundamentally reordered financial priorities for people...
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eCommerceStripe Rolls Out Customer Billing Portal, New Recurring Payment Options
The coronavirus pandemic and its boost to online commerce has provided a major lift to Stripe, the San Francisco-based startup whose software...
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Security & FraudEY Says Wirecard Gave False Statements During 2019 Audit
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate...
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Digital PaymentsWhatsApp, Brazil Central Bank In Talks To Restore Payments Service
WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could work...
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Payment MethodsFlywire Unveils Revamped Education Payments Platform
With universities and students across the world struggling with a cash crunch amid the pandemic, digital payments company Flywire announced in a...
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Digital PaymentsHelping Merchants In A World Where Digital Is The New Normal
For a CEO, a successful meeting with the board — where they congratulate him or her on a profitable year and authorize...
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Payment MethodsTipalti Teams With Video Game Firms On Mass Payments, AP
Global payments automation platform Tipalti says it has made mass, automated payments seamless for numerous popular online video game customers, according to...
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Cross-border PaymentsNew Vistas For Payments Orchestration
Businesses are digitizing more rapidly these days, often tapping into new overseas markets and expansion opportunities created by COVID-19. They are also...
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VISAVisa’s SMB Hub Launches With 20 Partners Including PayPal, Yelp and Freshbooks
Visa has launched an online resource for small- and medium-sized businesses (SMBs) designed to assist entrepreneurs expand their businesses and build stronger...
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Digital PaymentsFor Payments, Personalization Through Orchestration
The shift to digital commerce means that long after the pandemic is over, merchants across all verticals will have to offer a...
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Today In DataDigital Retail Innovation With Shopping Festivals And Mobile Checkout
China’s 618 shopping festival was closely observed for signs that the consumer will help spend the nation out of COVID-19, and the success of...
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Security & FraudWirecard’s Former CEO Markus Braun Arrested
Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider,...
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VISAVisa On Its 1 Billion Token Milestone — And What Lies Ahead
In the great digital leap, roughly $158 billion in brick-and-mortar sales are moving online, according to PYMNTS’ analysis. And with the continued...
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Payment MethodsVerizon Debuts Visa Credit Card With Rewards
To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card....
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RetailWhy Cashierless Tech Means Cutting The Line And Reducing Theft
Raz Golan, CEO of Israeli-based mobile checkout company Shopic, says his company started out with the mission of shortening lines in grocery...
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Payment MethodsBlackhawk, Pollard Banknote Team On Instant Purchase Lottery Tickets
Global payments provider Blackhawk will now work with lottery expert Pollard Banknote in order to let customers buy lottery tickets instantly, a...
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Payment MethodsFIS Launches Pay By Bank Payments Through Its Open Banking Hub
A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has...
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Cross Border CommerceNEW DATA: A 20-Step Guide To Boosting Cross-Border Conversion
The global economy is more connected than ever, with consumers from all corners of the world enjoying round-the-clock access to the global...
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Payment MethodsCarrier Billing’s Coming Renaissance
Carrier billing has managed to establish a strong foothold worldwide — as it has been a popular way to buy digital content...
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AppleApple Expands Zero Pct Apple Card Financing
Apple will now be allowing zero percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods...
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Payment MethodsHow The Pandemic Has Helped Push P2P Payments Mainstream
U.S. millennials were early adopters of person-to-person (P2P) payment apps, while Baby Boomers sought out financial institution-based P2P options and older consumers...
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Digital PaymentsStripe Adds Direct Debit
The FinTech Stripe said it will “create the first self-serve unified payments platform for U.K. businesses” by adding the popular Bacs Direct...
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Cross Border CommerceSmarter Payments Are Crossing Borders
Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to balloon to an estimated $39 trillion in the...
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B2B PaymentsCredorax, Samsung To Introduce Blockchain-Based Open Banking
Credorax, the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services,...
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RetailRetailer Bankruptcies Shine A Light on Gift Cards And ‘Breakage Income’
Gift cards may be the gift that keeps on giving — not just for the recipients, but also for the companies that...
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Payment MethodsPaytm Postpaid Use Expands To Convenience Shops
India’s Paytm is expanding its Paytm Postpaid program so that its payments app can be used by such places as small convenience...
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Digital PaymentsSkrill Debuts Free Money Transfers In US
London-based Paysafe, a global online payments company, has announced the U.S. launch of its free Skrill Money Transfer service. “There has never been a...
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RetailRetail Infrastructure Catches Up With Digital Shift
The long-term consequences of the digital shift continue to be quantified and qualified. As evidenced by last week’s PYMNTS’ card on file...
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RetailSocial Distancing Could Open Up New Ways To Sell
With a need for social distancing in the coronavirus era, businesses are seeking ways to restrict traffic through appointment-based systems for physical...
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AppleApple Preps Installment Pay Plans On Apple Card
Buyers of Apple products will soon have the ability to pay for those products, including iPads, Macs and AirPods, in monthly installments...
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Next-Gen DebitDebit Leads Payments Preference Parade
In disasters of the recent past there has been a marked shift away from credit toward debit. Households and even small and...
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Digital PaymentsOndot Links Up With Visa To Boost Digital Wallet Use
Ondot Systems, a digital services platform for credit and debit card issuers, said it is partnering with Visa in a new program. The agreement...
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Digital PaymentsDigital Payments’ Summer of Love
Human living went digital-first in the time it took COVID-19 to circle the earth once – about three months. It’s a fast...
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Loyalty & RewardsNew Apple Card Users Can Earn $50 For Shopping At Walgreens
Apple and Walgreens are now partnering to offer new cardholders a $50 Apple Card bonus after they spend the same amount of...
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EuropeMastercard’s Fintech Express Aims To Fuel European Startups
Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday...
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VISAVisa’s Kevin Phalen: Moving B2B Payments From Acceleration To Execution
The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated...
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CryptocurrencyPrivate/Public Partnerships Could Boost Central Bank Digital Currencies
The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once...
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Digital PaymentsSoFi Powers Samsung Pay Mobile Banking Services
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. The technology...
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GoogleGoogle Assistant Pilot Uses Voice Biometrics For Payments
Users of the Google Assistant Voice Match feature will soon be able to make payments for goods and services using only their...
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Walmart Amazon whole paycheckWhole Paycheck Tracker: Amazon, Walmart Shift To Accommodate An Increasingly Digital Retail World
As the nation faces gradual reopenings in all 50 states over the next few weeks, U.S. consumers coming out of the pandemic...
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Faster PaymentsDemand For Faster Payments Skyrockets
If you want to know how consumers feel about faster payments, talk to the millions of Americans who still have not received...
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Buy Now Pay LaterPandemic Triggers BNPL Surge With 1M New Afterpay Users
Since launching in the U.S. two years ago, the Australia-based buy now, pay later (BNPL) startup Afterpay has attracted more than nine...
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SubscriptionsSubscription Commerce Rides A Growth Wave
In its fiscal 2020 Q1, streaming platform Netflix reported adding nearly 16 million new subscribers and blasting net income into orbit at...
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eCommerceWill India’s Push For Consumers To Buy Local Have Ripple Effects On eCommerce?
The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown. For India, in...
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eCommerceWooCommerce Rolls Out Payments Management Tool For Merchants
The eCommerce platform WooCommerce is introducing a tool that will help its stores manage payments more easily. “No more logging into a...
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Credit UnionsPSCU: Debit Card Spend Growth Above Historic Levels
Credit union service organization (CUSO) PSCU compared the 19th week of 2020, which concluded on May 10, to the same timeframe in...
