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)

Study: Over Half U.S. and U.K. Retailers Embrace Real-Time Payments
Study: Over Half U.S. and U.K. Retailers Embrace Real-Time Payments
December 12, 2022  |  Faster Payments

If payments choice is a driver of consumer experiences, real-time payments aim to go further. This, according to findings in the new report, “Navigating Big...

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Card Payments Account for 90% of UK Retail Transactions
Card Payments Account for 90% of UK Retail Transactions
December 12, 2022  |  Payment Methods

Card payments now account for nearly 90% of all retail transactions in the U.K. The findings from the British Retail Consortium’s (BRC) 2022 Payments Survey...

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The ‘Payments as Experience’ Era Will Boost Global Commerce
The ‘Payments as Experience’ Era Will Boost Global Commerce
December 12, 2022  |  Payment Methods

Once almost an afterthought, payments are now an experiential component, requiring nuanced and data-driven care. So said Neil Erlick, chief corporate development officer at payments platform...

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Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
December 09, 2022  |  Payment Methods

By any measure, instant payments and QR codes have been a phenomenal success in Brazil. Patrick Devlin, president of Brazilian FinTech Matera, told PYMNTS’ Karen...

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Cart Abandonment Rates Top 60% in APAC Region 
Cart Abandonment Rates Top 60% in APAC Region 
December 08, 2022  |  Consumer Insights

Offer local APAC payment methods or learn to live with high cart abandonment rates. That’s the memo to U.S., U.K., and Canadian firms trying to...

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Mobile Wallets Attract Consumers Looking for New Payment Options
Mobile Wallets Attract Consumers Looking for New Payment Options
December 08, 2022  |  Payment Methods

Mobile wallet usage for brick-and-mortar purchases rose 9% globally in Q2 2022. This signals increased consumer adoption of the alternate payment method that harkens the...

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Mastercard Teams With Marqeta on Instant Vendor Payments
Mastercard Teams With Marqeta on Instant Vendor Payments
December 07, 2022  |  Payment Methods

Marqeta has integrated with Mastercard Track Instant Pay to enable instant payment of supplier invoices.  With the integration of this virtual card solution that uses...

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AvidXchange Debuts Invoice-to-Pay API for QuickBooks Online 
AvidXchange Debuts Invoice-to-Pay API for QuickBooks Online 
December 06, 2022  |  B2B Payments

AvidXchange has released an invoice-to-pay application programming interface (API) integration with Intuit QuickBooks Online.  With this new solution, QuickBooks Online users can add an accounts payable (AP) and...

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Airlines and Travel Agencies Ride Tailwind of Payment Choice Online
Airlines and Travel Agencies Ride Tailwind of Payment Choice Online
December 05, 2022  |  Travel Payments

Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform...

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