The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Stax

APRIL 10, 2025

TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. They let buyers initiate payments by placing their mobile phone near a compatible payment terminal.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Fintech News

FEBRUARY 2, 2025

Card issuers need for speed exists on several levels, and we at OpenWay see this firsthand, since our Way4 card management software is used by top banks, processors and fintechs around the world. This can be an account opened in Way4 or in the integrated Core Banking System. Indeed, rapid product development remains a top priority.

Card Issuer 106

Card Issuer Issuers Multi-Currency Online and Mobile Banking 106

Fintech News

SEPTEMBER 4, 2024

Buy Now, Pay Later (BNPL) in India has experienced a rapid increase in adoption, with its share of e-commerce sales in Asia-Pacific (APAC) surging from just 0.1% Similarly, Freecharge Pay Later is no longer available, according to its website, signaling further shifts in the BNPL landscape. in 2019 to an estimated 5.8%

BNPL 108

BNPL Online and Mobile Banking Credit Limit Credit Cards 108

Clearly Payments

DECEMBER 11, 2024

These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers. Region-Specific Preferences : In Europe, 36% of online purchases are made through bank transfers, while Asia sees a dominance of digital wallets at 70% of transactions.

Alternative Payment Methods 59

Alternative Payment Methods Online and Mobile Banking BNPL Payments 59

Tearsheet

JULY 1, 2024

To explore these changes and their potential impact on businesses, I spoke with Thomas Priore – CEO, Priority , a company specializing in integrated payments and banking solutions. Priore shares his observations on Gen Z’s adoption of newer payment methods like buy now, pay later (BNPL) for smaller purchases.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

Finovate

MARCH 6, 2025

Expedia is partnering with fintech company Upgrade to offer Flex Pay , a BNPL solution that lets travelers pay for cruises in monthly installments, making luxury vacations more accessible. Online travel booking company Expedia is partnering with mobile banking and lending fintech Upgrade to make its cruise booking services more accessible.

BNPL 59

BNPL Online and Mobile Banking Volume Credit Cards 59

Stax

APRIL 3, 2025

Like most business owners, your instincts tell you to hop on the bandwagon and launch an online store for your business. From different types of online payment gateways and key features to look for, to tips to help you choose the right payment solution for your business and implement it. This is expected to grow to 22.6%

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

PYMNTS

OCTOBER 13, 2020

PayPal is rolling out a new buy now, pay later (BNPL) solution called PayPal Pay in 3 in the U.K., The program will also appear in the customer’s PayPal wallet, which will give them a way to manage payments online or on their mobile apps. according to a press release. in 2019, with the trend expected to double in use by 2023.

BNPL 94

BNPL PayPal Continuity Accounts 94

PYMNTS

MAY 20, 2020

The company said most of today’s banking products are built for large, established companies, not small- and medium-sized businesses (SMBs). “We The company also unveiled a Shopify Balance Card that will provide merchants with access to their money faster when spending in-store, with mobile or online, as well as withdrawing from ATMs.

BNPL 101

BNPL Online and Mobile Banking ATM Accounts 101

Stax

MARCH 18, 2025

On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. billion transactions and $9.76

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

PYMNTS

DECEMBER 24, 2020

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). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

Fintech Finance

JULY 23, 2024

Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 billion).

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

PYMNTS

JANUARY 17, 2020

Buy now, pay later (BNPL) providers are currently enjoying heightened interest from businesses, consumers and merchant partners, leading to market growth and new funding for many industry startups. For example, the approximate 35,000 members of Facebook group Afterpay Obsession discuss BNPL purchases’ benefits.

BNPL 52

BNPL Online and Mobile Banking Consumer Addressing 52

Payments Dive

JUNE 12, 2025

Social media, online commerce, mobile text messaging and other digital platforms have allowed scammers to innovate in targeting consumers. Impostor scams represented the largest area of fraud, followed by scams related to online shopping, per the FTC. You can unsubscribe at anytime. Please select at least one newsletter.

78

78

Stax

JANUARY 21, 2025

With a payment gateway, they simply enter their card details online on your website or app. In turn, the payment processor ensures a seamless transfer of the information between the merchant, issuing bank, and customer. For example, if you operate an online store, you need fast and secure online payment solutions.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

PYMNTS

OCTOBER 22, 2020

But perhaps more unexpectedly, consumers aren’t just looking for a new contactless form factor with which to pay, like a mobile wallet or a contactless car – but a new payment mechanism entirely. Afterpay’s Banking Expansion . million users access to checking and savings accounts.

BNPL 77

BNPL Payments Trends PayPal Payments 77

Stax

MAY 13, 2025

These services enable you to process credit card payments online, in person, and on the go, and include everything from secure payment gateways to merchant accounts and point of sale (POS) systems. Interchange fees are the base fees charged by card-issuing banks to process a transaction. Todays consumers expect flexibility at checkout.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

The Fintech Times

APRIL 10, 2024

Kueski , the buy now, pay later (BNPL) and online consumer lender in Latin America, has launched an in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024, to offer them the ability to complete transactions through the Kueski mobile app, regardless of internet connection, in physical stores.

Underserved 64

Underserved Mobile Payments BNPL Online and Mobile Banking 64

Fintech News

SEPTEMBER 18, 2024

Similarly, companies like Klarna , a buy now, pay later (BNPL) leader, and Fiserv , a global fintech and payments company, employ AI to offer personalized shopping experiences, streamline payment processes, and enhance security. BNPL, in particular, has surged, rising from accounting for 1.6% of e-commerce payments in 2022 to 4.4%

APACS 119

APACS Alternative Payment Methods Stablecoins BNPL 119

Stax

APRIL 17, 2025

Its the central hub for businesses to complete purchases, whether in-store or online. Some retailers may use a mobile device, such as an iPad or Android device, as their POS instead of a computer. Some systems allow the cashier to scan the item using their mobile devices. For online stores, this step is a bit different.

Online and Mobile Banking 88

Online and Mobile Banking CRM Point-of-Sale (POS) Debit Card 88

The Payments Association

JUNE 3, 2025

Whether enabling Buy Now, Pay Later (BNPL) services, digital wallets, or invisible checkouts, tokenisation ensures that sensitive credentials are protected without compromising speed or user experience. As a result, tokenisation is becoming essential for maintaining trust and fluidity.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

Fintech Finance

SEPTEMBER 17, 2024

Uzum and Mastercard have launched two free online courses to help Uzbek consumers understand how to conveniently and safely use debit and credit cards. “We are empowering the Uzbek people by offering them unique online shopping services along with banking products such as BNPL, ” said Djasur Djumaev, CEO of Uzum. “We

Financial Literacy 98

Financial Literacy Visa Online and Mobile Banking BNPL 98

Clearly Payments

MARCH 14, 2025

trillion in 2024, with digital wallets such as Apple Pay and Google Pay now representing over 40% of online transactions. Acquiring Bank The acquiring bank processes the transaction on behalf of the merchant. Payment Processor Facilitates communication between acquiring and issuing banks. Visa, Mastercard).

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech News

AUGUST 12, 2024

A new report by Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers an analysis of the country’s fintech sector and provides rankings of the most reputable fintech companies in Vietnam based on their online reputation and reach.

FinTech 116

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 116

Clearly Payments

DECEMBER 18, 2023

The Continued Surge of Contactless Payments Contactless payments , facilitated by tap-to-pay cards, mobile wallets , and wearable devices, are set to maintain their upward trajectory. In 2024, they are anticipated to be used for over 40% of all online transactions in the U.S. AI is in the early days, but it is moving extremely quickly.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

FICO

JUNE 14, 2021

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. BNPL: Even the smallest purchases can now be broken into bite-size chunks.

BNPL 52

BNPL Online and Mobile Banking Credit Cards Wire Transfer 52

PYMNTS

OCTOBER 13, 2020

PayPal is rolling out a new buy now, pay later (BNPL) solution called PayPal Pay in 3 in the U.K., The program will also appear in the customer’s PayPal wallet, which will give them a way to manage payments online or on their mobile apps. according to a press release. in 2019, with the trend expected to double in use by 2023.

BNPL 52

BNPL PayPal Continuity Accounts 52

PYMNTS

SEPTEMBER 14, 2020

Obviously, consumers are looking to buy everyday goods online as opposed to going inside a store, [and] we effectively have seen two to three years of eCommerce growth in a matter of three or four months. 1) rolled out their Pay at the Pump with Alexa system at more than 11,500 Exxon and Mobil stations nationwide.

Online and Mobile Banking 78

Online and Mobile Banking Point-of-Sale (POS) Consumer Mobile Payments 78

PYMNTS

JUNE 29, 2020

banks seeing the savings rate hit a historic 33 percent in April , COVID-19 has fundamentally reordered financial priorities for people and businesses. launch of Vibe , a new loyalty rewards program for the BNPL space, which rewards purchases made through the new Klarna mobile app. How people pay is what’s changing in 2020.

BNPL 72

BNPL Online and Mobile Banking Volume On-Demand 72

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

PYMNTS

JUNE 17, 2020

This has led to growing interest in buy now, pay later (BNPL) installment payment options for both debt-wary consumers as well as retailers looking to encourage online browsers to buy. More than 15,000 brands and merchants are in fact offering or planning to offer BNPL plans.

BNPL 67

BNPL Online and Mobile Banking Payments Credit Cards 67

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

Clearly Payments

FEBRUARY 14, 2024

The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options. As of 2023, there were over 4.5 With over 7.2

Payments 104

Payments Value Added Service Online and Mobile Banking ISOs 104

Fintech News

SEPTEMBER 10, 2024

Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). In 2023, BNPL arrangements represented 4% of e-commerce transaction value, a significant increase from the mere 1% in 2020. million registered users. Digital inclusion may also help MSMEs achieve sustainability.

Cross-Border Payments 108

Cross-Border Payments Cross-Border APACS Interoperability 108

FICO

DECEMBER 15, 2021

The pandemic isn’t the sole cause of this, as fintechs have been upending traditional banking models for years. This speed of change, coupled with their experience of increased personalisation from firms such as Amazon and Netflix, has raised their expectation of how they expect their bank or building society to engage with them.

BNPL 52

BNPL Online and Mobile Banking Payment APIs and Integration Assessments 52

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Digital banks, sometimes called Neobanks, push consumers into digital banking and digital payments.

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105