Fintech Finance

NOVEMBER 14, 2024

A new study from Tribe Payments , the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has revealed that 28% of merchants’ legacy in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes.

PCI DSS 95

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 95

EBizCharge

JANUARY 14, 2025

Choosing a gateway that provides these payments can also increase conversion rates. Contactless payments: Since contactless payments can enhance the customer experience, more businesses are integrating these payments with platforms like Apple Pay or Google Wallet.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Fintech Finance

JULY 23, 2024

Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 Contactless and mobile contactless payments Usage of contactless and mobile contactless payments continued to increase. billion, up from 45.7 billion in 2022. During 2023, there were 18.3 billion).

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

Finextra

MARCH 19, 2024

Speaking at MPE 2024, Karan Johal, Global Head of Sales at Ecommpay, discusses emerging trends and challenges in the e-commerce sector, focusing on contactless payments, customer expectations, security, and the role of alternative payment methods (APMs) in enhancing the payment experience and expanding geographical reach for merchants.

Alternative Payment Methods 94

Alternative Payment Methods Contactless Payments Security Payments 94

Payments Dive

JUNE 18, 2019

Download this global infographic to discover the findings of a recent independent survey commissioned by Transaction Network Services into consumer opinions of alternative payment methods like wearables, smartwatches, contactless cards and mobile apps and their willingness to adopt them.

Alternative Payment Methods 79

Alternative Payment Methods Contactless Payments Consumer Mobile Payments 79

Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternative payment methods consumers now use. Plus, all Stax solutions accept mobile payments, such as Apple Pay, Google Pay, Samsung Pay, etc.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

MARCH 11, 2020

Contactless payments are a major convenience offered by credit cards, as consumers can skip entering PINs or passwords and instead make transactions in a fraction of the previously required time. Australia limits contactless payments to $100 AUD ($70.44), for example, while the United Kingdom enforces a £30 ($38.21) maximum.

Contactless Payments 52

Contactless Payments Payments Credit Cards Privacy 52

PYMNTS

NOVEMBER 30, 2017

When the limit on contactless payments in the U.K. was raised in 2016 from £20 to £30, the overall volume of contactless payments tripled. today has come with the growth of contactless payments. As such, even if the £30 limit on contactless payments were to be raised, it’s less likely to impact use of cash.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

Fintech Review

DECEMBER 3, 2024

As physical contact became a concern, contactless payments surged. Emerging Payment Technologies Technological advancements continue to reshape the payment landscape. Blockchain, for instance, offers decentralised payment systems with increased transparency. However, challenges remain.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

The Payments Association

OCTOBER 4, 2024

Fintech startups, blockchain technology, and the rise of decentralised finance (DeFi) are proving to be worth challengers to traditional card-based payment systems. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g., High fees can erode the precious and often narrow profit margins.

Online and Mobile Banking 88

Online and Mobile Banking Cross-Border Payments Cross-Border Alternative Payment Methods 88

PYMNTS

JUNE 8, 2020

Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. financial and payment services UK Finance. 14, 2019, deadline. Consumers spent 80.5 billion pounds ($98.5

Contactless Payments 60

Contactless Payments Finance Regulations Authentication 60

The Fintech Times

JULY 24, 2024

An increasing number of small businesses accepting card payments has also proved a significant factor in card payment volume growth. Contactless payments also continue to rise in popularity. 2023 saw a seven per cent increase in contactless payments made in the UK (to 18.3 billion from 17 billion in 2023).

Online and Mobile Banking 59

Online and Mobile Banking Contactless Payments Debit Card Payments 59

Neopay

FEBRUARY 27, 2025

In turn, this could expand the range of alternative payment methods on offer, giving consumers more choice. We will also engage with the Treasury as part of our review of the Payment Services and Electronic Money Regulations to ensure the regulatory framework is future-proof.

Alternative Payment Methods 52

Alternative Payment Methods Assessments Duplicate Financial Inclusion 52

PYMNTS

JANUARY 19, 2017

Retail Banking Research said consumers are moving away from carrying cash and taking more advantage of alternative payment methods. According to Retail Banking Research, payment cards accounted for 55 percent of cashless payments in 2015, up 50 percent from 2011.

Alternative Payment Methods 48

Alternative Payment Methods Debit Card Contactless Payments Payments 48

Clearly Payments

MARCH 18, 2024

Payment Trends by People’s Age: Gen Z & Millennials (born 1981-2012): Gen Z and Millennials (those born between 1981 and 2012) are leading the way in using contactless payments. A study by PYMNTS.com found that 54% of Gen Z shoppers like using contactless payments, while only 22% prefer cash.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

PYMNTS

OCTOBER 16, 2020

Those platforms must seamlessly manage complex payment flows, including alternative payment methods and localized payment preferences – and even emerging options like push to pay.

Payments 75

Payments Alternative Payment Methods Gateways On-Demand 75

PYMNTS

AUGUST 9, 2017

Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app.

Consumer 80

Consumer Point-of-Sale (POS) Chip Cards CHIPS 80

PYMNTS

JULY 25, 2016

Plutus Tap & Pay, the upcoming Android-only mobile app that will let people make bitcoin and Ethereum contactless payments at any merchant with a compatible device, raised more than $1 million in crowdfunding in nine days.

Digital Currency 40

Digital Currency Bitcoin Alternative Payment Methods Contactless Payments 40

PYMNTS

MARCH 21, 2019

PagBrasil is working with Singaporean payment service provider APACPAY to grow payment options in Brazil , a decline in self-service payment terminals in China has come amid fast mobile payments growth in the country and travelers in the United Kingdom are projected to make more than one million trips using contactless payments on the TfL network.

ATM 43

ATM Cross-Border Contactless Payments Alternative Payment Methods 43

The Payments Association

SEPTEMBER 30, 2024

Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emerging payment trends set to shape the industry. Sophie Chandler highlighted how the adoption of alternative payment methods is gaining momentum.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

PYMNTS

SEPTEMBER 29, 2020

Paran said that this type of growth can also be seen in Israel, with consumers exploring alternative payment methods like mobile wallets or touchless payments that can minimize physical contact at brick-and-mortar stores. This is also a significant departure from the pre-pandemic payment normal, he stated. “The

Privacy 69

Privacy Online and Mobile Banking Push-to-Card Payments 69

Clearly Payments

FEBRUARY 12, 2024

These networks have transformed the way payments are processed, moving from paper-based transactions to electronic authorizations and settlements. How Visa and MasterCard Influence the Payment Industry with Their Market Dominance The biggest is payment network is Visa with 40% of the global market.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

Neopay

JANUARY 25, 2024

Alternative payment methods are on the rise as the demand for real-time payments soars, including contactless, which has transformed into a mainstream financial tool. Cost savings and a virtual environment drive businesses away from traditional methods towards efficient digital invoicing and contactless payments.”

Cross-Border 52

Cross-Border Payments Alternative Payment Methods Cross-Border Payments 52

PYMNTS

OCTOBER 17, 2017

The influence of contactless payments , he said, is borne out by the data showing that beyond the U.S., NFC payment options are well-entrenched. Is it the device that spurs contactless payment adoption? It’s not the hardware that is the determining factor, said Kornitzer. Data security?

Consumer 44

Consumer Contactless Payments Payments Alternative Payment Methods 44

PYMNTS

OCTOBER 11, 2017

Meanwhile, cash is facing growing competition from contactless payments for small-value transactions. found cash to be the dominant payment method, with over three-quarters of transactions still being paid in cash. A recent survey of approximately 50,000 convenience stores in the U.K.

ATM 45

ATM ATMIA Alternative Payment Methods Contactless Payments 45

Stax

FEBRUARY 28, 2024

It makes it easier for merchants to make the switch to accepting non-cash payment methods like credit cards or contactless payments, which are often seen as more convenient for customers, but can come at a steep price. Customers who want to use their credit card have to pay an additional fee covering the processing costs.

Credit Cards 88

Credit Cards Debit Card Legal Laws 88

The Fintech Times

APRIL 30, 2024

Partnerships dLocal, a cross-border payment platform, has forged a partnership with Open English , an online English-learning platform. The partnership adds alternative payment methods such as bank transfer and Visa Debit, cash, installments, Boleto and Pix.

FinTech 64

FinTech Online and Mobile Banking APACS AI 64

PYMNTS

JUNE 28, 2017

and other countries around the world, there’s no denying the age-old payment method is facing growing competition from alternate payment methods. While the use of cash and ATMs has climbed in the U.K. But is it losing significant ground? Not really.

ATM 40

ATM Online and Mobile Banking Alternative Payment Methods Federal Reserve 40

Stax

JANUARY 10, 2024

In some cases, surcharging can encourage customers to use alternative payment methods that incur lower fees for the merchant, such as cash, debit cards, or ACH. This can result in an overall reduction in the average cost of processing payments. By implementing a surcharge, the merchant (i.e.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PYMNTS

JANUARY 2, 2017

The mobile credit and debit card and contactless payment solution is working so well, Muir said, that his food trucks have stopped accepting cash, and the policy could soon come to the company’s physical locations. Cash is really expensive to handle,” Muir explained. What will the next year hold?

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

Clearly Payments

APRIL 9, 2024

The Fintech Disruptions in TradFi Payments The payments landscape is also undergoing a transformation partly driven by fintech innovation. This includes in-person payments, where contactless payments using near-field communication (NFC) technology have become widely adopted, replacing the need for physical cards.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

The Payments Association

FEBRUARY 13, 2025

Mobile payments and digital wallets have become essential tools, offering convenience and accessibility worldwide. Shifts toward convenience : Mobile wallets are transforming the payment landscape by simplifying payment processes and reshaping business behaviours for faster, more efficient shopping experiences.

Consumer 100

Consumer Digital Payments Multi-Currency Mobile Payments 100

The Payments Association

DECEMBER 2, 2024

“Global regulations around national and international payment services are expected to adapt to the rapid digitalisation of financial services and the increasing prominence and use of digital wallets and alternative payment methods. This highlights the fast pace of transformation in the payments and fintech space today.

Payments 88

Payments Cross-Border Compliance Regulations 88

Finovate

MARCH 21, 2025

The goal of the partnership is to facilitate cross-border payouts, leveraging the integration of more than 900 local and alternative payment methods (APMs) such as credit and debit cards, bank transfers, and instant transactions. Indian fintech Pine Labs announced plans for a domestic IPO in the second half of 2025.

Embedded Finance 68

Embedded Finance Innovation Finance Cross-Border 68

EBizCharge

JANUARY 8, 2025

They offer convenient online payment methods and are gaining widespread adoption. Users value the speed and ease of contactless payments and real-time payments. BNPL is an alternative to using credit cards, offering personalized experiences with flexible payment plans.

BNPL 52

BNPL Credit Cards Debit Card Encryption 52