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Mobile first, security always: Millennials reshape payment landscape, PXP survey reveals

The Payments Association

However, mobile wallets are becoming increasingly popular, with 20% of younger millennials using mobile wallets like Apple Pay on a daily basis, although many millennials still rely on more traditional payment methods for everyday spending.

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Gen X prioritises security over convenience in payment choices, PXP report finds

The Payments Association

Security is a top priority for Gen X, and they continue to favour debit and credit cards for both everyday spending and big-ticket purchases. Almost half (49%) of Gen X use debit cards as their primary payment method, valuing the control and familiarity they provide.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

You Can’t Opt Out of Credit Card Payments Opting out of credit card processing altogether is not a viable option. Competitive pricing: Surcharging lets business owners offer competitive pricing to customers who choose to pay with alternative methods, such as cash or debit card transactions.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

They can range from traditional payments, such as credit/debit cards and ACH payments , to modern alternative methods, such as digital wallets, mobile transactions, Buy Now Pay Later (BNPL), and cryptocurrency. Payment processor – Handles the technical aspects of the payment.

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Want the Cheapest Credit Card Processing? Surcharging May Be the Answer

Stax

Interchange fees Interchange fees are a significant component of credit card processing fees and are charged by the card networks (Visa, Mastercard, American Express, Discover). Interchange rates are a percentage of the transaction value paid by the merchant’s acquiring bank to the cardholder’s issuing bank.

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Vantiv, PPRO Team On Alternative Payment Methods

PYMNTS

Vantiv, a provider of payment processing services and technology for merchants and financial institutions, announced it, along with PPRO Group, a cross-border ePayment provider, are partnering up to provide international alternative payment methods (APMs) to Vantiv’s merchants. We are proud to have one of the largest U.S.

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FOMO Pay Brings Visa Acceptance to SGQR for Singaporean SMEs

Fintech News

Singaporean payment provider FOMO Pay has partnered with Visa to allow SMEs to accept Visa credit and debit card payments through the national SGQR code system. FOMO Pay becomes the first Visa QR acquirer and processor in Singapore as part of this collaboration.