The Payments Association

JULY 18, 2025

Payment firms face mounting expectations, not just to comply, but to embed regulatory foresight into product strategy, vendor management, and consumer outcomes. These reforms are part of a broader modernisation effort that includes revisions to the Consumer Credit Act and a strategic shift toward principles-based regulation.

Regulations

Clearly Payments

MAY 13, 2025

Many consumers use it to pay friends or family. For consumers, it’s simple. Interac e-Transfer for Business (Automated): This version is more powerful and includes features such as real-time settlement, automated deposit, higher transaction limits, and business name visibility.

Credit Cards

Finextra

JULY 4, 2025

This launch is part of the bank’s broader objective to offer modern, inclusive, and globally-accessible banking solutions to consumers. Additional benefits such as emergency cash concierge support abroad, round-the-clock domestic concierge services, higher transaction limits, and contactless payments are also available.

Debit Card

Payments Source

MARCH 25, 2020

Mastercard is part of an expanding trend toward easing restrictions to entice consumers to choose contactless payments over cash and plastic during the coronavirus.

Transaction Limits

NFCW

JANUARY 16, 2024

” Impact The authors of ‘Consumer Adoption and Use of Financial Technology: Tap and Go Payments’ found that “financial intermediaries play an important role in consumer adoption and use of payment technology. We document that these rules have a strong causal impact on the use of digital payment technology.

Contactless Payments

Payments Source

JUNE 2, 2020

American Express has added 26 Caribbean nations to the list of countries where it’s raised the ceiling on contactless transactions that may be conducted without PINs, to reduce consumers’ exposure to touching PIN pads.

Transaction Limits

PYMNTS

MARCH 23, 2020

As we all collectively navigate the current unsettling and uncertain times, providing consumers and businesses with a choice in how they wish to pay and get paid, remains a constant for us,” Barnett said in an emailed statement. “On On this basis we fully support the increased contactless limit here in the U.K.

Transaction Limits

PYMNTS

OCTOBER 22, 2018

Make consumers feel as though they are in charge, and give them more transparency into their personal payment transactions, and you might not only win their loyalty, but could also encourage them to spend more, or use your payment methods more often. What does that main for the daily life of a consumer? More Mobile Management.

Mobile Payments

NFCW

JUNE 27, 2024

To use the service, the merchant enters the transaction amount in the usual way and the customer then taps their contactless card to the merchant’s payment terminal.

Contactless Payments

PYMNTS

NOVEMBER 18, 2019

To that end, according to Craig Ramsey, head of real-time payments at ACI Worldwide , the real-time payments focus in the United States through the present day has been on consumer propositions — sending money instantly between parties for groceries, restaurant bills and other expenses. The Corporate Case.

Real Time Payments

Payments Source

MAY 23, 2017

Apple Pay's recent move to waive the £30 contactless transaction limit in the U.K. But at this point in the mobile wallet adoption cycle, does this change really matter to consumers and merchants? removes one of the key restraints it faced when competing with credit and debit cards at the checkout.

Debit Card

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. Even waving the card at the point of sale (POS) may face headwinds because of transaction limits. Incentivizing The Consumer.

Contactless Payments

PYMNTS

JANUARY 28, 2020

.’s newest real-time payment rails, the RTP network, is looking to expand the opportunity for payers to use the faster payment rail by increasing transaction limits. Announced last week, the higher transaction thresholds raise the limit from $25,000 to $100,000 starting Feb. percent jump.

Same Day ACH

Fintech News

OCTOBER 22, 2024

This highlights how the region’s expanding digital consumer base and the proliferation of faster payment systems have led to a spike in cyber-related fraud, the report says, and shows that financial institutions are struggling to keep up with the evolving threat landscape, leaving them vulnerable to increasingly sophisticated attacks.

APACS

PYMNTS

SEPTEMBER 4, 2020

The days of consumers at the local coffee shop or retailer queuing up the register, inserting cards and punching in PINs are likely in the rearview mirror. That allows flexibility in not just how merchants take transactions, but where – across cards and digital wallets. And the SMBs, perhaps not surprisingly, have taken notice.

Contactless Payments

Neopay

SEPTEMBER 11, 2024

The review highlighted the complexity of these frauds, noting that many large-scale scams were made up of multiple smaller transactions, which reduces the effectiveness of transaction limits as a protective measure. This issue is key in demonstrating why stronger protections beyond transaction limits are necessary.

Caps

The Payments Association

MARCH 10, 2025

Digital goods are easy to consume and dispute later. Cross-border transactions create chargeback confusion. Processing fees and payment restrictions High-risk MCCs pay higher transaction fees due to: Increased fraud exposure (crypto, gambling, gaming). Facing transaction limits or restrictions from payment processors.

Fraud Prevention

PYMNTS

JANUARY 12, 2021

The goal is to broaden contactless payments acceptance for merchants serving consumers who want to pay with their Android mobile devices. Nili Klenoff , senior vice president, acceptance solutions at Mastercard, told PYMNTS that the pilot is based on three dynamics in the consumer marketplace.

Contactless Payments

PYMNTS

JANUARY 20, 2019

Pinduoduo , the Chinese Nasdaq-listed Internet marketplace that lets consumers get discounts from merchants, announced Sunday (January 20) that an online collective stole tens of millions of yuan worth of discount vouchers. Reuters , citing Pinduoduo, said the group took advantage of a loophole on the platform to steal the vouchers.

Breach

PYMNTS

JULY 31, 2019

For example, if, in a particular market, different transaction limits apply for consumer versus business remittances, or for domestic versus cross-border transactions, we can provide these custom controls. B2B Takes a Cue from Consumers.

Cross-Border Payments

PYMNTS

DECEMBER 4, 2020

Capturing Resilient Consumer Spending . At a high level, the consumer is proving resilient (and Blair noted that even B2B spend, across the MerchantE platform, has been on the upswing). At a high level, the consumer is proving resilient (and Blair noted that even B2B spend, across the MerchantE platform, has been on the upswing). “In

Embedded Payments

PYMNTS

OCTOBER 3, 2018

Consumers and business want it and there is money to be made by offering it. But for all the powerful things that faster payments unlocks, in payments, in lending or in SMB transactions, there is the downside. 128,000: Hong Kong Monetary Authority’s Faster Payment System’s daily transaction limit.

Faster Payments

PYMNTS

AUGUST 15, 2018

25,000: The transaction limit size for same-day ACH. 61 percent: Share of consumer spending using co-op credit cards during Prime Day. And for the operators of credit unions nationwide, it might mean teaming up to take on common concerns. 870 million: Number of active users Alipay boasts.

Same Day ACH

PYMNTS

SEPTEMBER 21, 2018

As observed in the inaugural edition of the Digital Consumer Report , a PYMNTS and Samsung Pay collaboration, the underlying concept of AR/VR has been floating around for over a decade. The experience is immersive enough that consumers can use it not just to see the room, but also “walk” around in it as well. locations by November.

Same Day ACH

PYMNTS

JANUARY 23, 2020

“Increasing the transaction value limit to $100,000 is the next logical step for the growing RTP network,” said Steve Ledford, senior vice president of product strategy and development for TCH. . Businesses and consumers often want to send higher value payments and the $100,000 limit helps to address their needs,” he added.

TCH

The Payments Association

OCTOBER 14, 2024

Cath stresses the need for better consumer education and warns the new process may increase scams. She supports lowering the limit but acknowledges convincing consumers will be challenging. Firms must implement robust anti-fraud systems and controls to protect consumers and prevent fraudulent transactions.

Caps

FICO

FEBRUARY 19, 2020

For many consumers and businesses, the ability to quickly send money directly from their bank account is a win in terms of convenience, but it isn’t without risk, when it comes to fraud and other types of financial crime. Tackling Fraud in Real Time Payments.

Real Time Payments

PYMNTS

AUGUST 23, 2018

A lack of spend management solutions leads many teachers to fall back on their consumer shopping habits when making purchases with school money, he explained. Rafanelli noted that teachers procuring on consumer sites, like Amazon , means that schools cannot get supplier discounts and negotiated rates, causing overspend.

Best Practices

PYMNTS

AUGUST 7, 2020

She said rapid access to funds would be useful for those living on fixed incomes or paycheck to paycheck (about 60 percent of consumers, as estimated by PYMNTS’ research). However, Kansas City Fed chief George said the system will initially focus on domestic movement of money and won’t include cross-border transactions.

Fed

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. This is particularly critical for debit transactions, as consumers are increasingly turning to these cards over other payment methods during the economic downturn. Security And The Consumer Element .

Debit Transaction

PYMNTS

OCTOBER 19, 2016

Reitblat said that, once, fraud prevention was all about stopping fraudulent transactions, limiting a retailer’s losses, protecting what they had. The consumer expects no friction from the checkout experience, while many fraud prevention measures build friction into the process. Why Outsourcing Matters.

Fraud Prevention

Clearly Payments

MAY 1, 2025

Retail & E-commerce Tariffs on imported consumer goods (like electronics, apparel, and home products) force retailers to raise prices or compress margins. This leads to: Higher transaction sizes, which can raise processing fees. As a result: They may see reduced margins on every transaction.

Credit Cards

PYMNTS

JULY 25, 2019

Since Ondot launched such location-based offerings — the company’s solutions enable FIs to help consumers control each card separately, set maps where they can be used and set transaction limits — in 2015, they’ve been the dominant set of features used, especially among safety-oriented consumers.

Push-to-Card

PYMNTS

JULY 31, 2019

Money is moving faster than ever, with innovations making it possible for consumers and businesses to send and receive payments within minutes as opposed to days. Cross-border transactions remain difficult to navigate due to the various regulations and technologies available in different countries.

Cross-Border Payments

PYMNTS

MARCH 20, 2018

But participants in Australia’s NPP are working to address this risk, she added, with banks deploying in-house fraud detection solutions to analyze interbank transactions. These include such things as transaction limits, two-factor authentication and algorithms designed to identify suspicious transactions,” she said.

Faster Payments

PYMNTS

JUNE 19, 2019

For financial institutions (FIs) and merchants, the opportunity is there to harness technology and mobile card services to drive sales up, drive fraud down and cement long-lasting relationships with consumers. With such an option in place, he said, the consumer effectively becomes part of the FI’s fraud team. A Proactive Mindset.

Card Services

PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Customers are relying less on cash than ever: 69 percent of adults in the U.K.

Privacy