Clearly Payments

OCTOBER 31, 2024

Table of Contents The Popularity of Different Payment Methods The table below shows the estimated popularity of each payment method as of 2024, including their global market share and main regions where each method is popular. and Europe, cash payments are projected to decline 7% annually as contactless payments become more popular.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Credit card sales volume in the USA by year from 2018 to 2023 Year Credit Card Transaction Volume (USD) 2018 $3.7

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

PYMNTS

APRIL 2, 2019

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

Debit Card 83

Debit Card Contactless Payments EMV ATM 83

PYMNTS

APRIL 10, 2019

With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 locations, per reports last year.

Contactless Payments 103

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

Fintech Finance

APRIL 14, 2025

This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware. Mollie , one of Europe’s fastest-growing financial service providers, has enabled Tap to Pay on iPhone for its Irish customers.

Contactless Payments 59

Contactless Payments Debit Card Security Credit Cards 59

Clearly Payments

FEBRUARY 10, 2025

Card Networks Companies like Visa, Mastercard, and American Express ( credit card networks ) that set processing rules and fees. The Costs You Dont See One of the biggest surprises for small businesses is the actual cost of accepting credit and debit cards. Contactless payments grew by 150% between 2020 and 2023.

Small Business 66

Small Business Process Address Verification System (AVS) Cross-Border 66

Clearly Payments

MARCH 31, 2025

81% of small businesses accept credit and debit cards, while 37% accept digital wallets such as Apple Pay and Google Pay. Cash remains an essential payment method for many SMBs, with 36.4% Prefer mobile and wireless solutions that support contactless payments and QR codes for flexibility. In the U.S.,

Small Business 59

Small Business Electronic Funds Transfer (EFT) Credit Cards Payments 59

Stax

APRIL 10, 2025

You also need a payment services provider that supports your chosen payment methods, but that providers platform must integrate seamlessly with your existing CRM, ERP, payroll, CMS, and accounting software systems. Its role is to encrypt and securely transfer your customers payment data to your payment processor.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

The Fintech Times

MARCH 14, 2025

This years report looks back at a decade of data to highlight the seismic shifts in payment habits since its launch while looking at the trends that will shape payments through 2030. Some of the main takeaways include a huge drop in cash payments, and an uptick in digital payments.

Global Payments 59

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

PYMNTS

OCTOBER 16, 2018

Worldpay, the payment technology company, announced Tuesday (Oct. 16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in the U.K. The change occurred in June, when 51 percent of in-store card transactions were contactless.

Contactless Payments 73

Contactless Payments CHIPS Debit Card Payments 73

The Fintech Times

AUGUST 12, 2024

US consumers are increasingly turning to debit cards for their everyday transactions, driving a significant surge in the number of transactions and overall spending. The 2024 PULSE Debit Issuer Study reveals that in 2023, the total number of debit cards, transactions and annual spending per active card all saw substantial increases.

Debit Card 64

Debit Card Consumer Debit Transaction Point-of-Sale (POS) 64

Stax

MARCH 18, 2025

According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. Customer – The person or business paying for goods or services using a credit card, debit card, or digital wallet.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech Finance

JUNE 5, 2025

To pay in-store, customers simply double-click the side button, authenticate and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Apple Pay is accepted in grocery stores, pharmacies, restaurants, coffee shops, retail stores and many more places that accept contactless payments.

Visa 59

Visa Contactless Payments Debit Card Authentication 59

Fintech Finance

MARCH 27, 2025

Today, Surfboard Payments , the provider of innovative cloud-based payment solutions, now enables its customers in Finland to seamlessly and securely accept in- person contactless payments with Tap to Pay on iPhone. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

Contactless Payments 75

Contactless Payments Payments Debit Card On-Demand 75

PYMNTS

NOVEMBER 12, 2020

The technological seeds that have made these developments possible were planted more than a decade ago, with the steady growth of digital payment platforms and cloud-based technologies that support electronic payments. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

Fintech Finance

JUNE 10, 2025

Ant International is a leading global digital payment, digitisation, and financial technology provider. Grab is Southeast Asia’s leading super app offering ride-hailing, food delivery, digital payments, and financial services across eight markets.

AI 88

AI Stablecoins Credential Payment APIs and Integration 88

PYMNTS

NOVEMBER 5, 2020

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. Marraccini said retailers that offer installment payments can see “huge conversion, plus I’m still relevant to my consumers and not going to be a dinosaur.”.

Contactless Payments 111

Contactless Payments BNPL Payments RTP 111

Fintech News

SEPTEMBER 3, 2024

Parents must open the account via their own OCBC Digital app, and children will receive an OCBC MyOwn Debit Card with customisable designs. The account allows children to make digital payments, such as scanning QR codes or using PayNow, and make contactless payments with their debit cards.

Accounts 120

Accounts Financial Literacy Freeze Account Debit Card 120

Fintech Finance

NOVEMBER 21, 2024

By partnering with NewStore for the launch, businesses including Lorna Jane and R.M.Williams can now accept contactless payments using only an iPhone and the NewStore Associate iOS app. This represents a new benchmark for digital payments, offering New Zealanders a fast, secure, and convenient way to make transactions.

Contactless Payments 98

Contactless Payments Debit Card Encryption Transactions 98

Clearly Payments

SEPTEMBER 16, 2024

Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. What are Contactless Payments?

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

Fintech Finance

JUNE 20, 2025

With more than half of the world’s population now living in cities and the United Nations projecting this to rise to nearly 70% by 2050, transportation lies at the heart of the modern urban experience yet often lags behind other sectors when it comes to consumer technology, particularly in the area of payments.

Payments Trends 59

Payments Trends Mobile Payments Payments Interoperability 59

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. customers already have access to PayPal debit cards. Visa has already built the contactless payments infrastructure. Although there is no immediate plan to release the debit cards to the public, a plan is in the works.

Debit Card 50

Debit Card PayPal Online and Mobile Banking Contactless Payments 50

Fintech Finance

DECEMBER 5, 2024

This collaboration represents Premier Bank and Mastercard’s shared commitment to redefine the digital banking experience for individuals and businesses in Kenya. Through this collaboration, Premier Bank and Mastercard will provide customers with seamless access to digital payments, robust security, and global reach.

Visa 98

Visa Payment Solutions Debit Card Contactless Payments 98

PYMNTS

JUNE 16, 2020

The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. . Most respondents, 82 percent, view contactless as the cleaner way to pay.

Mobile Payments 79

Mobile Payments Contactless Payments Debit Card Visa 79

PYMNTS

DECEMBER 17, 2020

Debbie Guerra , executive vice president of Merchant and Fraud Solutions at ACI Worldwide, told PYMNTS that digitization of the grocery business, and providing options for how consumers pay for groceries, is no longer optional in the pandemic era — or beyond. percent fewer use contactless debit cards than would like to. “If

Point-of-Sale (POS) 132

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

The Fintech Times

MARCH 20, 2024

After years of pushing to a fully digital payments landscape that will in theory see a cashless economy in the (reasonably) near future, it could all come tumbling down after a series of technical issues that has seen major retailers unable to process card or contactless payments and once again relying on notes and coins.

Contactless Payments 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

DECEMBER 17, 2018

In a press release, the companies said that Mastercard and BLIK will provide consumers and merchants with contactless payments for BLIK users at all Mastercard-branded payment terminals across the globe.

Contactless Payments 49

Contactless Payments Visa Debit Card Cross-Border 49

Stax

MARCH 5, 2025

And how can you find a reliable payment processing solution for your business? To further shed light on payment processing, weve put together this guide outlining the benefits of online selling and how to implement digital payments properly. How Can Internet Card Payment Processing Help My Business?

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

EBizCharge

JANUARY 14, 2025

Finding the right payment gateway for your business in 2025 is a critical step toward ensuring seamless online transactions, boosting customer satisfaction, and securing your revenue streams. Once approved, the payment gateway sends a confirmation back to the merchant and the customer, completing the transaction.

Payment Gateways 52

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

PYMNTS

NOVEMBER 12, 2020

There’s also the safety of using debit in contactless payments, he said, where issuers had, fortuitously from a timing perspective, accelerated their issuance of contactless cards coming into 2020 and before the age of COVID-19. Before P2P payments, the lesson fee might have been paid with cash or check.

Debit Card 64

Debit Card Point-of-Sale (POS) Issuers P2P 64

Clearly Payments

MARCH 18, 2024

This dwindling acceptance rate underscores a broader trend towards the adoption of digital payment infrastructure, signaling a paradigm shift in the way commerce is conducted. Demographic Trends in Payments The data overwhelmingly points towards a digital revolution in payments, with younger generations leading the charge.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

PYMNTS

JANUARY 1, 2021

PYMNTS' study showed that 52 percent and 45 percent want to register their credit and debit cards with the apps they use to power their connected experiences, respectively. This compares to 39 percent who wanted to register credit cards and 44 percent who wanted to register debit cards last year.

Consumer 144

Consumer Debit Card Contactless Payments Research 144

The Fintech Times

MARCH 25, 2025

Building on an acquisition from 2024, in which it acquired VMTecnologia , Nayax , the global commerce enablement and payments platform has now also acquired UPPay , a digital payment and telemetry provider for automated self-service coffee machines in Brazil.

Automation 59

Automation Payments Debit Card Contactless Payments 59

Payment Savvy

DECEMBER 2, 2022

Until recently, people made their credit and debit card payments with a bit of distrust because they were afraid of scammers stealing their card information through the card’s magnetic stripe. What are NFC Mobile Payments? With NFC, you don’t need to insert a card and input a PIN.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Clearly Payments

JANUARY 16, 2024

In the world of digital payment processing, merchants encounter a variety of fees that impact their bottom line. Card Type: Interchange fees vary based on the type of credit card used in a transaction. The three main categories are debit cards, credit cards, and premium credit cards.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

Fintech Review

DECEMBER 3, 2024

By the late 20th century, these inefficiencies prompted the development of alternative payment systems. The foundation for modern digital payment solutions began to take shape with the advent of credit cards. The Emergence of Card Payments The introduction of credit cards in the mid-20th century marked a pivotal moment.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Stax

MAY 6, 2025

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

Credit Cards 88

Credit Cards Online and Mobile Banking Payment APIs and Integration Credit Card Payment Processing 88