Online Payments news and trends

Bidpath Launches Payments Platform Designed for Auctions
Payment Methods // March 29, 2024

Bidpath has launched a payments platform designed for auction payments. The new AuctionPay platform is designed to streamline merchant services for auctioneers and organizations, catering to both online and in-person payments, the provider of global online auction software said in a Friday (March 29) press release. The platform is...

Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
Biometrics // March 18, 2024

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers offer a reliable and secure means of verifying identity, resulting in a more robust form...

Skipify and Synchrony Team on Frictionless Checkouts
Faster Payments // March 13, 2024

Checkout-centric FinTech Skipify has launched a partnership with consumer finance company Synchrony. The collaboration, announced Wednesday (March 13), “leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for Synchrony cardholders, improving the experience for shoppers and delivering higher authorization rates, conversion, and security for Synchrony merchants.” According to...

Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion
Digital Payments // March 13, 2024

Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running on Stripe accounted for about 1% of global gross domestic product (GDP), Stripe co-founders Patrick Collison and John Collison wrote...

Interviews & Exclusives
Real-Time Rental Payments Provide Alternative to Outdated Systems

April 30, 2024
More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on outdated and inefficient methods, such as paper checks, wire transfers and other systems, leading to delays. Many property managers seek to expedite these payments to […]

Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay

September 04, 2023
Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or rewards for online purchases and...

60% of Consumers Say They Trust PayPal More Than Their Bank With Stored Payment Credentials

July 21, 2023
When it comes to credentials vaults that aggregate payment information and store credentials securely, and updating payment information shared with merchants when consumers change payment methods or account numbers, whom...

Storing Payments Credentials Online Bothers Millennials More Than Gen X Shoppers

July 14, 2023
As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points. For PYMNTS’ study “Payments And...

Quick Reads
Bidpath Launches Payments Platform Designed for Auctions

March 29, 2024
Bidpath has launched a payments platform designed for auction payments. The new AuctionPay platform is designed to streamline merchant services for auctioneers and organizations, catering to both online and in-person payments, the provider of global online auction software said in a Friday (March 29) press release. The platform is designed to deliver efficiency, security and a user-centric design, according […]

Skipify and Synchrony Team on Frictionless Checkouts

March 13, 2024
Checkout-centric FinTech Skipify has launched a partnership with consumer finance company Synchrony. The collaboration, announced Wednesday (March 13), “leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for Synchrony cardholders, improving the experience...

Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion

March 13, 2024
Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running on Stripe accounted for about...

Pretty Links Introduces Branded Checkout Links for Online Sellers

January 18, 2024
Pretty Links, a link management WordPress plugin, has unveiled its latest feature, a built-in payment-link function that allows online sellers to create branded checkout links for selling products across various...