PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. billion transactions with their debit cards, which is a jump of 8.9 percent in July of 2019, which continues a decrease from 8.3 billion ($63.8

Contactless Payments 49

Contactless Payments Continuity Debit Card CHIPS 49

PYMNTS

JANUARY 1, 2021

The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. PYMNTS' study showed that 52 percent and 45 percent want to register their credit and debit cards with the apps they use to power their connected experiences, respectively.

Consumer 144

Consumer Debit Card Contactless Payments Research 144

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. Digital payments continue to make inroads everywhere.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

Clearly Payments

SEPTEMBER 16, 2024

Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. What are Contactless Payments? Here’s a breakdown of each type and its growing significance: 1.

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. Among clear COVID-era trends is the embrace of debit for managing and mastering new realities. Debit cards remain the payment method of choice among U.S. One large debit network reported that debit purchases over its network hit $52.9

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

PYMNTS

JULY 3, 2019

Contactless payments are making their own big play in the FIFA Women’s World Cup France 2019, at least according to new Visa data. The payments company said that for the tournament, “Visa is the exclusive payment service in all stadiums where payment cards are accepted.

Contactless Payments 43

Contactless Payments Debit Card Payments Payments Trends 43

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. The Face of Fraud.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Authentication 109

PYMNTS

MARCH 19, 2019

Through the app, users can make payments via multiple options like credit cards, debit cards, UPI and net banking. At the same time, it was reported that the option lets users make payments from more than 120 billers. spent 584 billion GBP through debit cards, and total credit card spending reached 192 billion GBP.

Mobile Payments 59

Mobile Payments Debit Card Debit Transaction Contactless Payments 59

The Payments Association

MARCH 19, 2025

According to Yaccarino, the partnership will allow for secure and instant funding to users X Wallet via Visa Direct, connecting to their debit cards and allowing for peer-to-peer payments. The European Commission is investigating whether Apple Pays exclusive use of NFC technology for contactless payments restricts competition.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

The Paypers

MARCH 7, 2016

(The Paypers) Debit cards are expected to dominate the payments market in terms of most preferred payment method in France by 2019 as consumers are getting increasingly attracted by the convenience of contactless payments and the greater use of debit cards for online transactions, a recent study reveals.

Debit Card 28

Debit Card Continuity Contactless Payments Payments 28

PYMNTS

JANUARY 21, 2021

Debit-related fraud is a particular concern for businesses and banks as failing to thwart such schemes could have significant and costly consequences. This digital shift coincides with consumers’ growing trend toward using debit cards for eCommerce as well as for brick-and-mortar purchases. A PYMNTS study on U.S.

Debit Card 59

Debit Card Online and Mobile Banking Debit Transaction Issuers 59

Clearly Payments

MARCH 18, 2024

This dwindling acceptance rate underscores a broader trend towards the adoption of digital payment infrastructure, signaling a paradigm shift in the way commerce is conducted. A study by PYMNTS.com found that 54% of Gen Z shoppers like using contactless payments, while only 22% prefer cash. Cash usage dips to around 13%.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

PYMNTS

NOVEMBER 15, 2018

To that end, Chase , the largest card issuer in the U.S., 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. The effort is broad and far-reaching, considering how more than 90 million debit and credit cards are wielded by Chase customers across the United States. In the U.K.,

Card Services 71

Card Services Contactless Payments Point-of-Sale (POS) Credit Cards 71

The Paypers

OCTOBER 14, 2019

(The Paypers) Contactless payments accounted for half of all debit card transactions in July 2019 in the UK, according to UK Finance.

Debit Card 28

Debit Card Contactless Payments Payments Finance 28

Stax

NOVEMBER 13, 2023

EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay. Contactless payments became a must-have during COVID. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

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

PYMNTS

NOVEMBER 14, 2018

14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019. said the rollout will be done on an ongoing basis, spanning when customers open up new accounts or have cards that are renewed. Chase said Wednesday (Nov. Outside the U.S.,

Credit Cards 57

Credit Cards NOV EMV Contactless Payments 57

PYMNTS

SEPTEMBER 9, 2020

These two forces appear to be driving an increase in consumers’ use of touch-free debit payment options. Many shoppers are now loading their debit card details into mobile wallets and ordering apps, keying the information into online checkouts or waving contactless debit cards at POS terminals.

Debit Card 64

Debit Card Credit Union Service Organization Point-of-Sale (POS) Contactless Payments 64

PYMNTS

SEPTEMBER 14, 2020

PYMNTS latest Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company, notes, “Many shoppers are turning to options like contactless debit cards that can be waved over POS terminals, or they may be steering clear of brick-and-mortar locations altogether by simply buying their items online or via apps.”.

Debit Transaction 57

Debit Transaction Contactless Payments Debit Card Funds Availability 57

PYMNTS

DECEMBER 24, 2020

As the year closes, PYMNTS calls out six payment methods that gained traction and attention, including a take from key executives in each category. If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

Stax

DECEMBER 6, 2024

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Fraud Prevention 88

PYMNTS

APRIL 21, 2020

Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 percent year over year as measured by PSCU for the 13th week of the year (week of March 23, 2020, compared to week of March 25, 2019). There was a big rush to enroll, but transactions didn’t really follow suit,” he told Webster.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

OCTOBER 9, 2019

“This is the biggest development in card technology in recent years and not having to enter a PIN not only increases security but makes it easier for our customers when paying for goods or services,” she said. NatWest launched a test of biometric debit cards earlier this year. . In 2018, the number of contactless payments hit 7.4

Credit Cards 52

Credit Cards Contactless Payments ATM Debit Card 52

Finextra

JULY 3, 2025

It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards. Users can: Store card credentials securely Authenticate with biometrics Make fast, online, and contactless payments Access loyalty points, tickets, or IDs You’re not managing funds.

eWallet 52

eWallet Payment APIs and Integration PCI DSS Online and Mobile Banking 52

PYMNTS

JULY 23, 2020

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by the end of 2020’s first quarter when COVID-19 was declared a pandemic. Businesses closed and millions of consumers found themselves unemployed or lacking the financial stability they once enjoyed.

Credit Union 69

Credit Union Innovation Debit Card On-Demand 69

PYMNTS

AUGUST 23, 2019

A study from Juniper Research found that mobile ticketing is becoming mainstream in sports, with users predicted to spend $23 billion via mobile in 2023, up from $14 billion in 2019. For venues, the rise in mobile payments isn’t all about customer convenience – it can also boost revenue. to implement such a model.

Online and Mobile Banking 79

Online and Mobile Banking Push-to-Card Credit Cards Debit Card 79

Stax

NOVEMBER 11, 2024

Here, we’ll discuss the main differences between ACH and check payments and the business benefits of accepting this form of payment. TL:DR ACH Payments are essentially digital check payments. Or mobile wallet payment solutions like Google Pay and Apple Pay. With an average cost per transaction of $.29,

ACH 88

ACH Checks Identity Theft Payments 88

PYMNTS

JUNE 5, 2020

Consumers are … rethinking whether they should be paying for goods with cash, credit cards or debit cards. 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

Debit Card 52

Debit Card Credit Union Service Organization Payments Credit Union 52

Stax

DECEMBER 27, 2023

A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services. This includes credit card payments, debit cards, and other payment options that require a merchant account to process payments, such as eChecks and ACH. Payment methods.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

PYMNTS

JUNE 28, 2019

PPS also partnered with Mastercard with plans to offer users a contactless payment option for the latter half of next year. . In a press release, the companies said that Mastercard and BLIK will provide consumers and merchants with contactless payments for BLIK users at all Mastercard-branded payment terminals across the globe.

Visa 40

Visa Contactless Payments Debit Card Payments 40

PYMNTS

JULY 9, 2019

Since each customer has their own unique card, the store can track shoppers with an assist from security cameras. Customers can select items and check themselves out with a tablet-based point-of sale (POS) system that accepts credit and debit cards.

Automation 72

Automation Point-of-Sale (POS) Mobile Payments Value Added Service 72

CB Insights

DECEMBER 4, 2019

In reference to failed payments projects, Gauthier said: “What people never realize or truly understand about Amazon is that part of the recipe for success is daring to try things you have no idea whether will succeed or not, and if you think that you have a notion of how to succeed … you try again.”.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

NOVEMBER 7, 2016

The Index Analysis predicts that Poland’s cash share will continue to decline, dropping by 9 percent over the next five years, and Erdman noted that new technologies, such as contactless payments and mobile wallets, are already being adopted by consumers around the country. billion with debit or credit cards.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card ATM Research 60

PYMNTS

JULY 6, 2020

One credit card network reported that U.S. consumers’ use of its contactless cards and digital wallets rose 150 percent between March 2019 and March 2020. . These limits also create frictions for legitimate users by stopping them from making large payments, however. .

Transactions 52

Transactions Card Issuer Push-to-Card Contactless Payments 52

PYMNTS

JUNE 3, 2020

Customers worldwide clicked to open their banking, Fin-Tech or mobile wallet apps more than 1 trillion times in 2019, another report noted, and the appetite for such services is growing in markets like Japan and India as well. The pandemic also appears to be enhancing mobile wallets’ and other online payment methods’ roles.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Mobile Banking Volume 52

PYMNTS

DECEMBER 13, 2019

Visa has added a new partner in its quest to simplify, digitize and drive costs down in the global remittances space with its real-time push payments platform Visa Direct. Visa Direct has been used to process 2 billion transactions in 2019, a number it is looking to grow in 2020. Visa: US Contactless Payments Primed For A Big 2020.

P2P 52

P2P Consumer Financial Protection Bureau (CFPB) CFPB PayPal 52

PYMNTS

APRIL 30, 2020

standards for payment methods such as contactless payments in stores, in the hopes that this will encourage more consumers to use this method over one that could potentially aid the spread of the virus such as cash, checks or even plastic credit and debit cards.

APACS 75

APACS Privacy Authentication Regulations 75

Stax

JANUARY 28, 2025

Once customers sign up with any of the major card networks, they only need to tap the Click to Pay button on the websites of online retailers and service providers to make payments. Then, you can now integrate the new payment system into your existing digital infrastructure.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68