Remove 2019 Remove Contactless Payments Remove Credit Union Service Organization
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How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note

PYMNTS

It also examines how merchants and financial institutions (FIs) are responding and working to enable easy contactless and online purchasing while keeping such card-not-present (CNP) transactions safe. A new report found that 58 percent of merchants now accept contactless cards, compared to the 40 percent that did so in 2019.

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PSCU Expects To Issue More Than 3M Contactless Cards In 2020

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Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

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Anticipating The Consumer Spending Rebound

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In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9

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Debit Leads Payments Preference Parade

PYMNTS

“At PULSE, we are seeing merchants evolve their business models to offer consumers the payment options they expect,” PULSE Executive Vice President of Product Management Jennifer Schroeder told PYMNTS. “In It may be most prevalent in grocery payments now, as consumers adjust buying behaviors. But credit usage has actually increased 3.4