Online Payment news and trends

DoorDash Adds SNAP EBT Acceptance to Win Low-Income Shoppers’ Grocery Loyalty
eCommerce // June 27, 2023

In an effort to gain share of consumers’ grocery spending both from traditional brick-and-mortar grocers and from aggregator rivals such as Instacart, DoorDash is expanding its audience by adding the ability to pay via Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT). At Dash...

Eastern Europe Online Retail Sales Continue Double-Digit Growth
eCommerce // November 01, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. The country at the head of the B2C eCommerce market is Russia, where...

Study: Merchants To Lose $130B In Digital CNP Fraud
Retail // January 03, 2019

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Juniper Research’s new report, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2018-2023, explained that complex cross-channel fraud will become the “new...

Why Banks Join FinTechs To Look At More Angles Of Accounts Receivable
B2B Payments // August 22, 2017

The rivalry between banks and FinTechs seems to be morphing into a B2B ecosystem of collaboration, but the latest joint initiative between KeyBank and Billtrust goes a step further: In addition to launching a partnership, KeyBank has also revealed news that it made a strategic investment...

Interviews & Exclusives
Commanders In Chief: For Payments Innovation, Look Beyond The Pipes

August 17, 2017
It’s been said that change is the only constant in, well, you name it. The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen — and vice versa. In an interview with PYMNTS, Jerry Norton, vice president of financial services industry at IT services and consulting company CGI, said […]

ICBA Bancard CEO: Community Banks Move Faster Payments Forward

August 14, 2017
Community banks have long been heralded as local leaders that create jobs and reinvest in their communities, but ICBA Bancard President and CEO Tina Giorgio tells PYMNTS’ Karen Webster that...

Western Union’s P2P Partnership Push

August 07, 2017
Staying in business for 166 years is no small feat on its own — but staying successfully in business with continued growth against increasing competition from FinTech startups is harder still....

PayPal And Celebrating The Wonders Of Friendship

August 05, 2017
Friendship is one of life’s great pleasures, even if it does get the short end of the stick on occasion compared to romantic love. And love certainly has done wonderful...

Quick Reads
Eastern Europe Online Retail Sales Continue Double-Digit Growth

November 01, 2019
According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. The country at the head of the B2C eCommerce market is Russia, where online shopping revenues are expected to double between this year […]

Study: Merchants To Lose $130B In Digital CNP Fraud

January 03, 2019
A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Juniper Research’s new report, Online Payment Fraud: Emerging Threats,...

Tencent To Increase Investments In Payments

August 17, 2017
Tencent, the Chinese mobile games and social media company, is gearing up to increase its investments in online payments, cloud services and artificial intelligence. According to a news report in Reuters,...

Alipay And Yelp Partner To Give Chinese Travelers Access To Reviews

August 16, 2017
Alipay, the Chinese digital payment arm of Alibaba, announced news that it has teamed up with online review website Yelp to bring Yelp’s local content to millions of Chinese travelers...