Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

NOVEMBER 2, 2016

For banks and retailers, there is a fine line between making people’s use of credit and debit cards as painless as possible and protecting individuals’ financial details from swindlers. Contactless credit cards have seen a slow rate of adoption in the U.S., after being slow to be embraced by consumers.

Contactless Payments 76

Contactless Payments Debit Card Chip Cards Credit Cards 76

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 Contactless transactions totaled £7.2 don’t rely on swiping or chip card readers.

Contactless Payments 58

Contactless Payments Debit Card CHIPS Credit Cards 58

PYMNTS

OCTOBER 1, 2019

From barter, to cash, to eCommerce, and now, to contactless payments – even those enabled by voice command. The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time.

Contactless Payments 56

Contactless Payments Consumer Payments Push-to-Card 56

PYMNTS

NOVEMBER 30, 2018

Cashless payments are popular in the U.K., The change happened quickly – numerous markets saw contactless usage go from single digits to more than 50 percent use within 18 to 24 months. “But But there need to be cards in the market to drive adoption.”. the collaboration made sense. “We

Contactless Payments 59

Contactless Payments Chip Cards CHIPS Card Issuer 59

PYMNTS

JULY 6, 2018

Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. had soared the global demand for smart payment cards by as much as 34 percent, an SPA report found in 2016.

Chip Cards 44

Chip Cards CHIPS EMV Contactless Payments 44

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 Contactless transactions totaled £7.2 don’t rely on swiping or chip card readers.

Contactless Payments 49

Contactless Payments Continuity Debit Card CHIPS 49

Payments Source

JANUARY 31, 2017

The EMV migration includes support for chip cards and NFC contactless payments, giving banks room to compete in the contactless payments market just in time for wearables to take off.

Issuers 60

Issuers Chip Cards Contactless Payments EMV 60

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader.

Chip Cards 55

Chip Cards Innovation CHIPS Contactless Payments 55

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. The terminal communicates with the card issuer to approve the payment. How It Works Customers enter their card details during checkout.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

PYMNTS

AUGUST 6, 2020

So far, the contactless pay app has been introduced in 61 QFC stores. According to the press release, the Kroger app will be compatible with “Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless chip cards, underpinned by near-field communication (NFC) technology.”

Online and Mobile Banking 87

Online and Mobile Banking Chip Cards Contactless Payments CHIPS 87

PYMNTS

JANUARY 24, 2019

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

Payments Source

NOVEMBER 14, 2018

has committed to roll out contactless chip cards for all new and replacement payment cards, which will likely spark a mass movement, if the experience of other global markets is any guide. JPMorgan Chase & Co.

Chip Cards 83

Chip Cards CHIPS Payments Credit Cards 83

The Payments Association

OCTOBER 4, 2024

The card payment industry has transformed how consumers and businesses handle financial transactions, with credit, debit, and prepaid cards playing a central role in everyday commerce. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g.,

Online and Mobile Banking 88

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

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S.

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

Stax

FEBRUARY 28, 2024

consumers using cash for purchases , choosing the right payment terminal for your business is more important than ever. Businesses need to streamline the entire payment process by offering customers a payment setup that’s fast and convenient for credit card transactions. A Comparison of Different Payment Terminal Setups?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

NOVEMBER 22, 2016

Verifone is going after the hundreds of thousands of small and medium-sized businesses in Germany and hooked up with InterCard and other network service providers to reach retailers looking for payment technology to accept payment options at faster speeds and meet local regulatory requirements by the end of next year.

Chip Cards 69

Chip Cards Contactless Payments EMV CHIPS 69

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

Contactless Payments 88

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

PYMNTS

JANUARY 12, 2018

12) in a blog post that it is making the signature an option — and no longer a requirement — for EMV chip-enabled merchants across North America. That shift, for contact or contactless payments, goes into effect April 2018. Those investments and focus, the company said, will help “define the future of payments security.”.

EMV 61

EMV Chip Cards CHIPS Contactless Payments 61

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. among other countries, have been working on audio payments for years.

Consumer 80

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

PYMNTS

SEPTEMBER 19, 2016

As the payments industry nears the one-year anniversary of the United States’ transition to EMV, of course, it’s an opportune time to take stock of progress and what remains to be done. Regardless of the event, anniversaries serve to remind us of what happened, how far we’ve come and what lies ahead.

EMV 78

EMV Chip Cards CHIPS Issuers 78

PYMNTS

NOVEMBER 15, 2018

In an interview with Karen Webster, Abeer Bhatia, president of Chase Cards Services , said the overarching goal with tap-and-pay, and the eventual enablement of that functionality across all Chase Visa cards, is to “let consumers pay the way they want to pay.” The move toward tap-to-pay is, of course, gathering steam. In the U.K.,

Card Services 71

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

PYMNTS

JULY 10, 2019

Some firms say they expect their suppliers to accept late payments because they’re important customers. In mobile point of sale (mPOS) news, consumers around the globe are showing more interest in contactless payments. storefronts that currently accept chip cards. All this, Today in Data.

Chip Cards 46

Chip Cards Contactless Payments CHIPS Automation 46

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

APRIL 15, 2016

While many merchants may be touting payment terminals that are EMV-enabled , their customers can’t quite make the dip yet because the businesses are still waiting in a ever-growing line to be certified. As Carcillo put it, though we may see payment devices sitting in stores, restaurants, hotels, etc., “I think that before Oct.

EMV 71

EMV Chip Cards CHIPS Disputes 71

Fintech Finance

APRIL 17, 2024

A full-service payment solutions provider, Aurora Payments launches ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses). Most customers now prefer credit cards and digital payments to cash.

Stop Payment 52

Stop Payment Payment APIs and Integration ISVS Payments 52

PYMNTS

APRIL 28, 2016

is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., The shift to EMV in the U.S. Last year alone, over 2.06 marking a twofold increase over 2014.

EMV 41

EMV CHIPS Chip Cards Contactless Payments 41

PYMNTS

APRIL 13, 2018

Furthermore, it’s no longer enough just to provide fitness and health tracking; more and more, payments enablement is becoming a staple of a useful wearable. But enabling payments isn’t so simple. The payments must be certified, and so must the device itself. merchants to be contactless-enabled by 2020.

Contactless Payments 43

Contactless Payments CHIPS Chip Cards Credit Cards 43

PayHawk

JULY 26, 2023

Whether it’s your first time hearing about PayHawk or perhaps you have heard of us and you’re in the market for a merchant service provider to deal with the payment processing process – you’ve come to the right place. PayHawk vs. Helcim Helcim is becoming one of the top payment processors online for many good reasons.

Processors 52

Processors Audit Payments Chip Cards 52

PYMNTS

MAY 17, 2017

Not every payment can be made by smartphone (yet), but for those that can’t, technology is still surging forward. EMV chip technology, virtual shopping security and contactless payments are making it easier than ever to spend money. billion | Number of chip cards produced last year.

CHIPS 40

CHIPS Chip Cards EMV Contactless Payments 40

Clearly Payments

FEBRUARY 18, 2025

In 2025, digital wallets arent just a payment option they’re the preferred way to pay for millions worldwide. For merchants, keeping up with the trends help them ensure a good payment experience. Globally, Apple Pay processed a total of $6 trillion in payments in 2022, generating a revenue of $1.9 More than 5.2

Online and Mobile Banking 59

Online and Mobile Banking PayPal Contactless Payments Credit Cards 59

EBizCharge

JULY 2, 2024

In the modern business landscape, collecting payments efficiently is essential for maintaining a smooth operation and fostering customer loyalty. As technology advances, businesses have access to a variety of innovative payment solutions that can make the process quicker, more secure, and more convenient for all parties.

Contactless Payments 52

Contactless Payments Payments Online and Mobile Banking Disputes 52

PYMNTS

NOVEMBER 3, 2017

If there is one universal truth in payments, it’s that the easier a process feels to consumers, the more difficult it was to implement on the back end. Such is the case with EMV — the chip that allows customers to pay with a credit card by inserting or “dipping” it into a point-of-sale (POS) card reader instead of swiping the old mag stripe.

EMV 43

EMV CHIPS Contactless Payments Chip Cards 43

PYMNTS

AUGUST 7, 2017

A payments solution that requires micromerchants to buy — and then wait for — special hardware isn’t much of a solution if you ask Joe Lynam, chief executive officer and co-founder of payments technology firm xPressTap. The POS is capable of doing business with anyone who has a contactless card or NFC-enabled smartphone.

Point-of-Sale (POS) 40

Point-of-Sale (POS) Chip Cards CHIPS Contactless Payments 40

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

SEPTEMBER 30, 2016

payments and commerce ecosystem for nearly the entirety of the last two years. That was the date that lives on in payments history since it was the date that Target announced it had been the victim of a massive POS breach that exposed the card data of some 40 million consumers. Those are the more cheerful figures.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59

Visa CHIPS Chip Cards EMV 59