PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group.

Credit Cards 114

Credit Cards Point-of-Sale (POS) Push-to-Card Debit Card 114

Clearly Payments

DECEMBER 2, 2024

With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. per transaction.

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

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” Adapt the consumer experience across all channels, with each transaction, while assessing whether a specific activity is consistent with it. Consumers Want to Be Involved.

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Credit Cards Consumer Card Issuer Issuers 98

Stax

MARCH 13, 2025

In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. A survey by Forbes Advisor also revealed that 33% of consumers prefer to use credit cards as they’re safer than carrying cash.

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Debit Card Credit Cards Processors Processing Costs 88

Clearly Payments

DECEMBER 19, 2024

Ensure that your point-of-sale (POS) systems and e-commerce platforms are optimized for mobile transactions. This growth is driven by increased consumer demand, lower transaction fees, and enhanced cross-border capabilities. What It Means for You: Adapting to mobile wallet payments isnt optional anymore.

BNPL 105

BNPL Contactless Payments Processors Payments 105

EBizCharge

DECEMBER 2, 2024

Dual pricing is a strategy where businesses offer two different prices for a product or service based on the payment method, such as cash or credit cards. Often seen in places like gas stations displaying a cash and credit price, the dual pricing model aims to offset credit card processing fees by encouraging cash payments.

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Process Credit Cards Legal Point-of-Sale (POS) 52

Fintech Finance

FEBRUARY 28, 2025

Jaywan is the first domestic card scheme to be launched in line with the UAE’s digital transformation strategy, with the aim of strengthening the country’s position as a leading global hub for digital payments.

Point-of-Sale (POS) 81

Point-of-Sale (POS) Agreements Financial Inclusion International Payments 81

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Stax

DECEMBER 13, 2023

Did you know that in 2021, merchants ended up paying a whopping $105 billion in credit card processing fees? Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Visa, Mastercard, American Express, Discover, etc.)

Credit Cards 88

Credit Cards Debit Card Laws Rules 88

Stax

JANUARY 21, 2025

Any merchant who transacts in the offline world (like brick-and-mortar stores or even mobile businesses) needs a modern point-of-sale (POS) system. The right solution will enable you to ring up sales with ease, as well as manage the various components of your business. contactless and mobile payments).

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Point-of-Sale (POS) Small Business Credit Cards Process 88

The Fintech Times

MARCH 14, 2025

Pete Wickes , general manager, EMEA at Worldpay, said: In an era where consumer choice is king, the UKs payment landscape has become a sophisticated network of diverse options, reflecting the nuanced demands of its users. Payment preferences Cash In 2014, 32 per cent of consumers used cash to make their purchases.

Global Payments 59

Global Payments Point-of-Sale (POS) Debit Card BNPL 59

Clearly Payments

APRIL 17, 2025

In payments, it involves checking your internal recordssuch as your accounting or sales dataagainst records from other sources, like banks, payment processors , credit card companies, or financial institutions. The post What is Reconciliation in Payments appeared first on Credit Card Processing and Merchant Account.

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Reconciliation Payment Reconciliation Processors Payments 52

Fintech News

APRIL 24, 2025

The companys ecosystem leverages AI-driven, credit-enabled solutions to empower businesses and consumers alike. Atome Financial specialises in consumer financing, ADVANCE.AI The company provides a virtual credit card and an e-commerce platform. billion credirt card bill payment platform BharatPe 2.85

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Stax

SEPTEMBER 17, 2024

When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. PCI DSS stands for “Payment Card Industry Data Security Standards.”

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Credit Cards PCI DSS Compliance Process 88

CB Insights

OCTOBER 24, 2018

The POS startup market is growing, as consumers seek more transparent credit options and merchants look for new ways to boost sales. According to CB Insights data, 9 POS lenders have raised $700M+ across 14 deals since June 2017. Square announced it will begin POS consumer lending (10/4).

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Credit Cards Point-of-Sale (POS) Visa B2C 65

EBizCharge

AUGUST 22, 2024

As consumers increasingly rely on digital transactions, they may face the frustrating experience of a declined credit cards. What are credit card decline codes? What are credit card decline codes? Common reasons for declines include insufficient funds, an expired card, or surpassing a credit limit.

Credit Cards 52

Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS. amount to $4.8 amount to $4.8

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

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. Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 In other cases, said Fagan, CUs have increased credit lines.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

AUGUST 18, 2019

Following in Afterpay ’s footsteps, the leader in “buy now, pay later” payments, Citi is forming a partnership with online retailer Kogan.com to let existing credit card customers switch to installment loans at the point of sale (POS). percent to 5 percent, depending on the loan’s length.

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Credit Cards Point-of-Sale (POS) API Participant 54

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. Incentivizing The Consumer.

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Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

Fintech Finance

MARCH 12, 2025

The UK’s payment landscape has transformed over the past decade, shaped by technology, consumer preferences, and economic shifts, according to the 10th edition of the Worldpay ® Global Payments Report (GPR). The way UK consumers pay is more diverse than ever.

Debit Card 52

Debit Card BNPL Point-of-Sale (POS) Payments 52

PYMNTS

AUGUST 9, 2017

In 2013, Silicon Valley startup Clinkle raised $25 million in funding to build the point-of-sale (POS) system of the future using sound, but the company later changed trajectories, creating more of a Venmo-like product primarily aimed at college students. Innovators in South Korea, France, Israel and the U.K.,

Consumer 80

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

PYMNTS

APRIL 10, 2019

Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards.

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

Fintech Review

MAY 20, 2025

Despite facing stiff competition, Paytm remains a dominant force, with millions of merchants and consumers using its app daily. CRED CRED focuses on Indias affluent credit card users, rewarding them for paying their bills on time. Razorpay Razorpay has revolutionised digital payments for businesses in India.

Innovation 59

Innovation FinTech Online and Mobile Banking Financial Literacy 59

Fintech Finance

OCTOBER 25, 2024

Mastercard is expanding its US Installments experience at checkout to provide consumers with more choice in how they pay through Mastercard Installment Payment Services. As a result, consumers will be able to spread their purchases out over time with an installment plan that is pre-approved on any eligible credit card.

Visa 98

Visa Issuers Payment APIs and Integration Point-of-Sale (POS) 98

Fintech Finance

OCTOBER 2, 2024

Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services. The Kazang Pay enabled terminal in Zambia accepts VISA debit and credit cards as well as mobile wallet payments. The value of POS transactions has grown to K 111.4

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Acquirers Point-of-Sale (POS) Value Added Service Credit Cards 98

PYMNTS

NOVEMBER 13, 2018

Consumers, he noted, have spent decades agreeing to “free” or “zero interest” financing offers from retailers, only to find out the hard way that those offers were anything but true. For consumers who make even the tiniest mistake, free quickly becomes expensive. We always want to underwrite the ability to pay. The New Affirm Brand.

Consumer 63

Consumer Credit Cards Point-of-Sale (POS) Product 63

Clearly Payments

OCTOBER 10, 2024

In payment processing, loyalty programs also play an important role, enhancing the transaction experience for both merchants and consumers. In this article, we’ll cover how loyalty programs work in payment processing, explore different models, and examine how businesses and consumers benefit.

Processors 105

Processors Payments Credit Cards Point-of-Sale (POS) 105

EBizCharge

AUGUST 12, 2024

As digital transactions dominate the market, understanding the mechanics of credit card processing becomes essential for businesses and consumers. Merchant acquirers , also known as acquiring banks, are responsible for setting up and maintaining merchant accounts, allowing businesses to accept payment cards from customers.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

EBizCharge

JULY 25, 2024

Looking for a Printable credit card fee sign ? Download PDF × With the prevalence of credit card use in 2024 comes the often-overlooked detail of physical credit card surcharge signs, which provide transparency of the fees merchants charge their customers to use credit card payments to purchase.

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Best Practices Credit Cards Compliance Debit Card 52

Fintech Finance

MAY 13, 2025

Debit and prepaid cards: Despite the rise of digital alternatives, UK consumers remain loyal to cards. £1 trillion of total in-store and online spending was conducted using cards in 2024. It is projected to account for £109 billion (8%) of in-store spending by 2030.

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Point-of-Sale (POS) Consumer BNPL Debit Card 59

PYMNTS

DECEMBER 17, 2020

percent of all consumers have switched from in-store to online shopping. consumers — 57 million people — say they are ordering more groceries online for home delivery now than they did before the pandemic’s onset. The consumer survey in the report shows that 79.6 percent fewer use contactless debit cards than would like to.

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Point-of-Sale (POS) Debit Card Fraud Detection Digital Payments 132

PYMNTS

JANUARY 15, 2019

Wells Fargo also reported single-digit gains in credit and debit cards. The bank, trying to restore trust among consumers and commercial clients, said full-year 2018 revenue decreased about 2.3 The bank also reported general purpose credit card point-of-sale (POS) purchase volume of $20.2

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Credit Cards Federal Reserve Caps Debit Card 46

PYMNTS

SEPTEMBER 23, 2020

Consumer engagement has become a very different ballgame for financial institutions (FIs) in the past several months, as the physical branches that were the cornerstone of making connections with customers closed down. Simple: Start with the cards. Recreating The Card For A Digital-First World .

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

FEBRUARY 10, 2020

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Developments From Around The World Of Digital ID.

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Data Breach Point-of-Sale (POS) Push-to-Card Breach 94

PYMNTS

NOVEMBER 27, 2020

But B2B eCommerce is inherently more complex than consumer-facing sales and payments flows, thanks to the need for corporate buyers to establish payment terms or purchase on credit with suppliers. Yet as more B2B buyers seek to make purchases in the same ways as individual consumers, the need for POS trade credit could increase.

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B2B Point-of-Sale (POS) B2C Due Diligence 104