PYMNTS

SEPTEMBER 14, 2020

PYMNTS’ September 2020 Small and Medium Business Reopening report, done in collaboration with American Express , is a concentrated source of intelligence on developments in the field that show a way forward for SMBs, from the year of COVID and into more prosperous times. For contactless payments to really become widespread in the U.S.,

Contactless Payments 90

Contactless Payments Payments Consumer Consulting 90

PYMNTS

APRIL 10, 2019

With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 locations, per reports last year.

Contactless Payments 103

Contactless Payments Point-of-Sale (POS) Debit Card Payments 103

PYMNTS

DECEMBER 12, 2019

When Visa launched a contactless payments pilot with New York’s Mass Transit Authority (MTA) seven months ago, the company started small, and with modest goals. This “public pilot” made contactless payments available on a few train lines, and only at 16 stations, including Grand Central Station and Union Station.

Contactless Payments 66

Contactless Payments Push-to-Card Payments Use Case 66

PYMNTS

DECEMBER 14, 2020

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods.

Consumer 139

Consumer Contactless Payments Payments Authentication 139

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. Office shifters plan to use digital shopping options more than other consumers after the pandemic has passed,” the report noted. How She Thinks About Vaccines.

Consumer 144

Consumer Debit Card Contactless Payments Research 144

PYMNTS

JANUARY 18, 2021

Contactless payments have surged in popularity over the past year, fueled by both an increased reliance on digital banking as well as the effort to contain COVID-19’s spread by preventing consumers and workers from having to touch point of sale (POS) system surfaces or handle cash. Challenges In Deploying QR Codes.

Contactless Payments 83

Contactless Payments Security Point-of-Sale (POS) Payments 83

PYMNTS

JANUARY 30, 2020

Visa ’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. In the card-present environment, we continue to see meaningful momentum in tap to pay,” Kelly said, as he pointed to growth within contactless payments. “We and beyond.

Contactless Payments 91

Contactless Payments Transactions Cross-Border Volume 91

Stax

JULY 9, 2024

There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system. By the end of 2020, that rose to 78%. Learn More What Exactly Constitutes a Digital Payment?

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

APRIL 6, 2020

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out. For the 2020 report, PYMNTS surveyed more than 5,500 U.S.

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

NOVEMBER 26, 2020

Something to bear in mind in 2020, when, as was the case in 1939 when Thanksgiving got its last major revision by presidential order, Americans are celebrating the holiday facing a national crisis, deep economic uncertainty and preparing to celebrate their holiday very differently and far more digitally than they ever have before.

On-Demand 107

On-Demand Consumer NOV Continuity 107

PYMNTS

NOVEMBER 25, 2020

But like so many other things this year, that image might be on hold for 2020. The sidewalks and shops will likely be less crowded, and if consumers are wearing smiles, they’ll likely be obscured by masks as it seems COVID-19 pandemic cases will be ringing in the year on the rise.

Contactless Payments 123

Contactless Payments PayPal Small Business On-Demand 123

Clearly Payments

OCTOBER 7, 2024

As lockdowns and social distancing measures took effect, consumers were forced to adopt digital channels for shopping and payments, leading to a significant rise in e-commerce. in 2020, reaching $4.28 Rise in Contactless Payments Contactless payments emerged as a safer, more hygienic alternative to cash during the pandemic.

Cross-Border 105

Cross-Border Processors Contactless Payments Multi-Currency 105

PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

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?

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

PYMNTS

OCTOBER 20, 2020

It’s just a week into the earlier-than-usual 2020 holiday selling season and already three facts are clarifying the retail picture: consumers are going to spend less overall, they are going to spend more time online and they don’t want to touch anything in the process. percent of consumers will spend more than they did in 2019.

Consumer 63

Consumer On-Demand Contactless Payments Checks 63

PYMNTS

MAY 6, 2020

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments , especially in face-to-face transactions, surged by double digits year over year. The Great Unknown.

Consumer 87

Consumer Contactless Payments Push-to-Card Returns 87

PYMNTS

JANUARY 25, 2021

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. The new Enhanced Contactless (Ecos) specifications will come along with the demand for more efficient, safer products overall, the release stated.

Visa 124

Visa Technology Point-of-Sale (POS) Contactless Payments 124

PYMNTS

NOVEMBER 2, 2016

Contactless credit cards have seen a slow rate of adoption in the U.S., but that may all change thanks to the continuing rollout of chip cards and new payments in terminals around the country. after being slow to be embraced by consumers. That is up from 25 million units in 2015.

Contactless Payments 76

Contactless Payments Debit Card Chip Cards Credit Cards 76

PYMNTS

SEPTEMBER 12, 2016

Visa is gearing up to roll out a lineup of payment experiences during the Toronto International Film Festival (TIFF), which it has been sponsoring for 20 years. Consumers can make contributions of $2 or $5 to the TIFF Pocket Fund by waving a Visa payWave-enabled credit card or device at the Connected Screen.

Contactless Payments 73

Contactless Payments Payments Credit Cards On-Demand 73

PYMNTS

JANUARY 26, 2021

Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to prevent spreading the virus.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

PYMNTS

SEPTEMBER 29, 2020

Consumers shifted their buying preferences nearly overnight, and an expert panel recently joined Karen Webster for PYMNTS’ latest “On The Agenda” discussion to look at how retailers must ready themselves for the digitized landscape of the future. There are real opportunities for those brands that deeply understand their consumer.”.

Consumer 100

Consumer Push-to-Card Contactless Payments Adjustments 100

Clearly Payments

AUGUST 24, 2024

Summary of Statistics in this Article In the United States, contactless payments accounted for 34% of all debit card transactions in 2023, a significant increase from 19% in 2020. By 2023, it was estimated that 67% of global consumers had used a digital wallet, with debit cards being the most commonly linked payment method.

Debit Card 105

Debit Card P2P Cross-Border Central Bank 105

PYMNTS

MARCH 11, 2020

And while he said the United States has been relatively slower than other countries to embrace contactless payments, the pace of adoption has picked up. The acceleration is due, at least in part, to the fact that more consumers are demanding contactless payments as their own individual comfort level increases, said Good.

Contactless Payments 103

Contactless Payments Payments Credit Union Processors 103

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth.

Contactless Payments 82

Contactless Payments Security Point-of-Sale (POS) On-Demand 82

PYMNTS

NOVEMBER 16, 2020

16) that the company is seeing new consumer spending trends as a result of the pandemic. Speaking at the Citi 2020 FinTech Conference , Vosburg recounted some of the trends seen in the latest quarter and beyond, saying “we see moderate levels of growth” in overall transaction volume and in spending levels and transactions.

Consumer 87

Consumer Cross-Border Visa NOV 87

FICO

APRIL 13, 2022

The pandemic payments trade-off . Contactless payments have rocketed as the risk of spreading disease by touching money and payment terminals saw the world's consumers adopt a 'no-touch', socially distanced approach to transacting. For consumers, contactless payments have given them convenience, ease and security.

Contactless Payments 52

Contactless Payments Push-to-Card Payments Scams 52

PYMNTS

SEPTEMBER 28, 2020

Many have concerns about things like being taken advantage of by the legions of fraudsters who’ve followed consumers on their new digital journeys. Merchants also have questions about where to start when it comes to adding options like contactless payments or mobile features. Strengthening The Digital Offering.

Small Business 94

Small Business Contactless Payments Economy Consumer 94

PYMNTS

OCTOBER 20, 2020

The launch of the Apple Pay mobile wallet has long been seen as Apple’s attempt at replacing consumers’ use of plastic cards for in-store purchases as their primary payment method. To what extent has it succeeded in changing consumers' use of plastic cards at the point of sale (POS) in physical stores? Today, Oct.

Consumer 79

Consumer Point-of-Sale (POS) Contactless Payments On-Demand 79

PYMNTS

NOVEMBER 27, 2020

Where the Consumers Are. percent of consumers have switched from shopping for retail products in stores to shopping for them online … and 16.6 percent of consumers have switched from shopping for retail products in stores to shopping for them online … and 16.6 According to the 2021 New Merchant Business Models Playbook , “41.9

Contactless Payments 110

Contactless Payments Consumer Innovation Digital Payments 110

PYMNTS

JULY 23, 2020

Today’s consumers cringe if you ask them to use a keypad to type their phone number for loyalty program identification,” said Jerry Cressman , chief financial officer at Paytronix. That physical component raises a safety concern, forcing consumers to decide whether the loyalty reward is worth the risk.

Transactions 63

Transactions Consumer Contactless Payments Risk 63

PYMNTS

JULY 29, 2020

Visa managed to come out ahead of analyst expectations for both revenue and earnings when it reported its Q2 results yesterday (July 29), but the world’s largest card network found itself hit hard by plummeting consumer spending in the second quarter. For the quarter that ended June 30, Visa reported net income of $2.4 billion, or $1.07

Consumer 68

Consumer Cross-Border Cross-Border Payments Volume 68

PYMNTS

NOVEMBER 13, 2020

And in a nod to the traction that QR codes are seeing, in July, PayPal reported a second quarter that saw total payments volumes soar by 52 percent to $37 billion, where QR code-based contactless payments helped underpin results – and Venmo’s growth. What we developed … is purely and truly contactless.”.

Contactless Payments 122

Contactless Payments Interoperability PayPal Venmo 122

PYMNTS

MARCH 21, 2016

Today (March 21) the company launched its “Cashfree and Proud” campaign, which aims to inspire consumers to switch to contactless payments, if they have not already. “Simply touch and pay for anything up to £30 at over 400,000 places with Visa contactless,” the company’s site reads.

Contactless Payments 41

Contactless Payments Payments Non-Bank Consumer 41

PYMNTS

JULY 2, 2020

Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. The COVID-19 pandemic has pushed more consumers to make their day-to-day transactions online. especially when it comes to enabling seamless payment experiences.”.

Compliance 89

Compliance Online and Mobile Banking Contactless Payments Regulations 89

PYMNTS

APRIL 21, 2020

The coronavirus pandemic winds on, and while it seems like it’s been forever, when — and not if — we emerge from all this, consumer spending will be altered. 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). The Shift In Payments.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

DECEMBER 31, 2019

The PYMNTS 2019 end-of-year survey of 30 executives asked for payment-related predictions that could (theoretically) be placed in a time capsule to be unearthed 12 months hence. Yet, a year from now, we’ll be knee-deep in wrapping paper, and just emerging from the post- holiday frenzy of 2020. According to Akash Garg, U.S.

Point-of-Sale (POS) 68

Point-of-Sale (POS) Contactless Payments Embedded Payments BNPL 68

PYMNTS

JANUARY 7, 2021

The new year is here, and the grocery business gets to finally close the book on a difficult and complicated 2020. According to the South China Morning Post, wider aisles, bigger entry/exit points and contactless payment technology are attracting new investments. is for consumers to feel safe and comfortable inside stores.

Contactless Payments 81

Contactless Payments Payroll Adjustments Consulting 81