“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster. “And many of them try to do too much. They try to do end-to-end payouts or end-to-end issuance,” he added. No single firm can be all things...
As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to evolve. With health concerns swirling, for example, the use of contactless payment options took off....
Local and alternative payment methods — including digital wallets; online bank transfers; buy now, pay later (BNPL); and direct debit — are the most common means for consumers to buy goods online. Shoppers in Europe, for example, spend more than $388 billion online annually using...
Three-quarters of global eCommerce is conducted using local payment methods, but offering such a diversity of payments may be difficult for merchants to do on their own, says Spreedly’s Andy McHale.
October 20, 2023
“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster. “And many of them try to do too much. They try to do end-to-end payouts or end-to-end issuance,” he added. No single firm can be all things payments-related, he said, and the key to success lies with […]
February 24, 2023
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...
November 23, 2022
Buy now, pay later (BNPL) has quickly grown in popularity among consumers. PYMNTS research found that in the past year, 50 million consumers across the United States have leveraged this...
September 13, 2022
Since the very start of the concept of digital payments, humans have pursued a dream of simplified transactions between individuals that mix the ease and personal control of cash payments...
December 18, 2023
Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies. The new Collections Assist product joins the company’s B2B payments and checkout infrastructure offerings, Alternative Payments said in a Monday (Dec. 18) press release. What sets Alternative Payments apart is its unique approach of embedding collections support within its product, […]
May 05, 2022
eCommerce fraud is a fast-growing problem, with scammers working every day to steal customers’ data, corporate funds, and consumer goods on a daily basis. One recent study showed that more...
April 07, 2022
U.S. Bank is expanding ExtendPay, the buy now, pay later (BNPL) program it launched a year ago. The Minneapolis bank stated in a news release that the program lets buyers...
July 22, 2020
With the buy now, pay later (BNPL) movement on the rise, Affirm will be working with Shopify so its U.S. merchants can offer a BNPL payment option to their customers, the...
