PYMNTS

DECEMBER 23, 2016

Credit and debit card payments are continuing to increase in terms of usage, with the Federal Reserve finding credit and debit card payments accounted for more than two-thirds of all noncash payments in the U.S. from 2012 to 2015. percent by value from 2012 to 2015. billion in 2015 with a value of $2.56

Debit Card 40

Debit Card Federal Reserve Chip Cards CHIPS 40

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. According to data from ABI Research, annual shipments of contactless cards in the U.S.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

NOVEMBER 2, 2016

For banks and retailers, there is a fine line between making people’s use of credit and debit cards as painless as possible and protecting individuals’ financial details from swindlers. Contactless credit cards have seen a slow rate of adoption in the U.S., That is up from 25 million units in 2015.

Contactless Payments 76

Contactless Payments Debit Card Chip Cards Credit Cards 76

FICO

OCTOBER 12, 2016

As the US payment card infrastructure continues to move to EMV, fraudsters are turning their targets toward unattended self-service terminals, such as US ATMs, most of which have not yet been upgraded to read EMV chips. Globally, the European ATM Security Team reported a 19% increase in ATM-related fraud attacks from 2014 to 2015.

ATM 64

ATM EMV Issuers Debit Card 64

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

PYMNTS

SEPTEMBER 30, 2016

Nationwide, there are roughly 2 million chip-enabled businesses, and 1.3 Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. EMV is not only for the big guys.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

Stax

NOVEMBER 6, 2023

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. Because of this, outdated POS systems lack the ability to accept NFC-enabled credit and debit cards or mobile wallets.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

OCTOBER 14, 2016

holiday spending is forecasted to increase up to 4 percent this year compared to 2015, which, in turn, means merchants are expected to handle more global cross-border shipments and payments than usual. With the holiday shopping season nearly in swing, retail shoppers in the U.S.

Cross-Border 68

Cross-Border Cross-Border Payments PayPal B2B 68

PYMNTS

AUGUST 25, 2016

This rollout is part of Visa’s 2015 commitment to the World Bank to make electronic payments a reality for 500 million more people worldwide by the end of 2020. Consultants will don a Bluetooth reader that pairs with Apple iOS or Android smartphones or tablets, to accept payment of credit and debit cards. Mary Kay has 3.5

Mobile Payments 43

Mobile Payments EMV Push-to-Card Payments 43

Fintech Labs Insights

MAY 13, 2015

This post is part of our live coverage of FinovateSpring 2015. Dream’s solutions are secure, EMV compliant, and accept Contactless and CHIP payment cards. Dream’s solutions are secure, EMV compliant, and accept Contactless and CHIP payment cards. Product Launch: H1 2015. Metrics: 20+ employees.

B2C 23

B2C Debit Card EMV CHIPS 23

PYMNTS

MAY 16, 2016

But things heated up last week when Walmart sued Visa over EMV and chips without PINs. At issue is the fact that Visa currently prohibits Walmart from insisting its customers use a PIN when paying with a chip-embedded card. Seventy percent of Walmart’s chip-based transactions are on debit cards.

Central Bank 40

Central Bank SWIFT CHIPS EMV 40

Fintech Labs Insights

NOVEMBER 9, 2015

Are you a small business dreaming about an off-the-shelf EMV mobile point of sale solution that accepts everything from Interac debit to chip-and-PIN cards to contactless payments? The card reader is available through TELUS for $100. The company has total capital of $6 million courtesy of a fundraising in March.

EMV 25

EMV Small Business Debit Card Payments 25

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks.

Law Enforcement 43

Law Enforcement Laws Visa Push-to-Card 43

PYMNTS

APRIL 17, 2017

After many fits and starts, Square pushed into an IPO in late 2015. Anyone with a debit card can send up to $2,500 a week for free to anyone else with a debit account and, more recently, a bank account for a 1 percent fee. this is an advantage over Visa, given its large debit footprint. In the U.S., percent fee.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

FEBRUARY 4, 2019

million in 2015 and projected to grow by $140 million by 2020. When it comes to completing in-store payments, 36 percent of customers prefer to use credit cards and 33 percent opt for debit cards. Every year, we’re getting less cash and more credit cards,” Sacchetti said. with the industry being valued at $856.7

Credit Cards 40

Credit Cards On-Demand Debit Card Process 40

PYMNTS

SEPTEMBER 6, 2018

Vending machine commerce — or its reasonable facsimile — is also bringing more than chips, cookies and candies to employee break rooms. Lee Mokri, who founded the California-based startup in 2015 along with his wife, Megan Mokri, noted that this solution could be more than a boost to employees, but also to employers. School Food.

Digital Payments 43

Digital Payments Payments Credit Cards Debit Card 43

PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. So, we all know this – chip cards were not going to fix the problem of fraud at the POS. This is a sizzle for everyone since it removes a ton of friction. million.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

Fintech Labs Insights

OCTOBER 16, 2016

In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. In fact, according to a recent report from Mastercard, 88% of consumers have been issued chip cards, but only 33% of merchant locations accept them.

EMV 17

EMV P2P Same Day ACH FinTech 17

PYMNTS

MAY 23, 2016

2015, MCX’s “anchor member,” Walmart, launched Walmart Pay , a QR code-based mobile payments app that leverages Walmart.com credentials, which include network branded credit and debit cards. Then, in perhaps the most overt sign of its finishing blow, in late Dec. That was the gist of a letter Sen.

EMV 43

EMV Mobile Payments Push-to-Card Chip Cards 43

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

PYMNTS

MARCH 30, 2016

percent indicated the use of mobile payments — widely considered to be the best defense against fraudsters — as the payment method most often used to pay for purchases, while almost 61 percent and 29 percent said they primarily use debit cards and credit cards, respectively. Of the survey participants, only 1.1

Consumer 44

Consumer EMV Security CHIPS 44