PYMNTS

MAY 27, 2020

Even waving the card at the point of sale (POS) may face headwinds because of transaction limits. The result: Mobile payments, and mobile wallets, will be embraced more fully.

Contactless Payments 112

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

PYMNTS

AUGUST 10, 2020

You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. Real time is getting ever closer to prime time. But it might not be the Federal Reserve ’s doing. What’s Next.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

JANUARY 3, 2020

It’s the end of the first workweek of the decade, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into faster payments for education, seven 2020 trendlines when it comes to the connected economy and news on Samsung’s Neon “ artificial human. ”.

Faster Payments 43

Faster Payments Payments Point-of-Sale (POS) PayPal 43

EBizCharge

JUNE 16, 2025

Payment gateways act as intermediaries between customers and businesses, facilitating the secure transfer of payment information. For enterprise merchants, implementing a reliable payment gateway is critical for processing online payments safely.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Volume Transactions 52

EBizCharge

JANUARY 21, 2025

Virtual terminals are revolutionizing how companies manage transactions, eliminating the need for physical systems or point-of-sale (POS) systems. Improved cash flow: Virtual terminals can deliver faster payment processing and settlement, helping merchants maintain and increase cash flow.

Credit Cards 52

Credit Cards Encryption ACH Process 52

PYMNTS

OCTOBER 20, 2020

To what extent has it succeeded in changing consumers' use of plastic cards at the point of sale (POS) in physical stores? Our latest research shows that the use of Apple Pay for POS transactions at eligible stores has risen by 59 percent. Today, Oct. 20, happens to be Apple Pay’s six-year anniversary.

Consumer 79

Consumer Point-of-Sale (POS) Contactless Payments On-Demand 79

PYMNTS

FEBRUARY 18, 2020

The world gets more digital by the hour, but legacy payments systems seemed to be asleep at the switch as P2P and instant money flew by in the faster payments lane. That’s easing now as companies begin to understand what faster payments really means.

Settlement 56

Settlement Small Business Point-of-Sale (POS) Faster Payments 56

PYMNTS

AUGUST 9, 2017

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

Consumer 80

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

PYMNTS

SEPTEMBER 24, 2020

This sluggish access to funding can be a problem across the board, from when SMBs are trying to draw on lines of credit (if they can get credit at all) to when they’re trying to settle point of sale (POS) transactions, McFarland said. . .

Checks 105

Checks Small Business ISOs Point-of-Sale (POS) 105

PYMNTS

FEBRUARY 2, 2021

Mobile plays a big part in increasing acceptance, said Wain, as it provides an alternative to point of sale (POS) terminals, land lines that’s easy to deploy and maintain. Once you have some activity going, you have to think about, how to continue to expand the acceptance network.’ ”.

Digital Payments 94

Digital Payments Online and Mobile Banking Point-of-Sale (POS) Financial Inclusion 94

PYMNTS

OCTOBER 2, 2018

So, for Vocalink and others, it is the faster payments systems that should be prioritized. Because most corporate payments still go over the rather generally slower, older payments systems,” Divitt told Webster, “you still do have fraud in those systems and you cannot ignore them.” A note of caution rings.

Money Laundering 59

Money Laundering Crime Business Email Compromise Financial Crimes 59

PYMNTS

JULY 27, 2020

And given the severity of many firms’ cash crunches, the PYMNTS study shows that faster settlements are becoming far more than an area of just casual interest for SMBs. Some 42 percent of SMB owners we polled said they’d be “very” or “extremely” open to switching point-of-sale POS providers or acquirers for real-time settlement capabilities.

Real Time Payments 93

Real Time Payments Settlement Point-of-Sale (POS) Payments 93

PYMNTS

APRIL 15, 2019

India’s PhonePe has hit a milestone on the number of digital transactions on its mobile application, overseas personal remittances reached their lowest level in five months in February in the Phillipines , and DBS debuted a mobile service for small and medium-sized businesses (SMBs) via Hong Kong ’ s faster payments system.

RTP 43

RTP Online and Mobile Banking Point-of-Sale (POS) Real Time Payments 43

PYMNTS

OCTOBER 28, 2019

Citizens Bank is partnering with Microsoft’s Xbox All Access program to offer 0 percent APR financing and integrated point of sale (POS) through Amazon , the bank said in a press release Monday (Oct.

Point-of-Sale (POS) 40

Point-of-Sale (POS) TCH RTP Real Time Payments 40

PYMNTS

OCTOBER 28, 2019

Citizens Bank is partnering with Microsoft’s Xbox All Access program to offer 0 percent APR financing and integrated point of sale (POS) through Amazon , the bank said in a press release Monday (Oct.

Finance 40

Finance Point-of-Sale (POS) Consumer TCH 40

PYMNTS

DECEMBER 12, 2018

And the United Kingdom ’s Zeux said that it would list HBAR tokens from Hedera in its wallet, which will let users make point-of-sale (POS) payments using the cryptocurrency, the company said in an announcement.

eWallet 43

eWallet Point-of-Sale (POS) Multi-Currency Global Payments 43

PYMNTS

JANUARY 22, 2021

It also had to prepare contingency plans for how to respond should bad actors slip through or should technical difficulties or human errors interrupt smooth use of the faster payments network. This is intended to catch mistyped account digits at the POS and prevent those payments from going through. “If

RTP 56

RTP Finance Security Real Time Payments 56

PYMNTS

DECEMBER 13, 2019

That’s why they installed scan-and-pay technology, called Scan & Go, so that customers could skip the check-out by essentially turning their phone and the app into their point of sale (POS). B2B Payments Firm Bill.com Has A Good Day In IPO Land. Behind The Consumer’s Surging Interest In Mobile Card Apps.

P2P 52

P2P Consumer Financial Protection Bureau (CFPB) CFPB PayPal 52

PYMNTS

SEPTEMBER 14, 2017

Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency acceptance at physical retail points of sale (POS). But is it enough of a market to bother developing a whole new POS network and terminal to support it?

Blockchain 65

Blockchain Cryptocurrency Bitcoin Digital Currency 65

PYMNTS

AUGUST 8, 2018

Beam has already processed over $250 million in payments for retailers such as Carrefour, Costa Coffee, Aldo, Tommy Hilfiger and more,” the report said. Beam integrates with [point-of-sale (POS)] systems natively (directly at the machine level), as well as with the credit card terminals.

Mobile Payments 41

Mobile Payments Blockchain Point-of-Sale (POS) Credit Cards 41

Stax

MARCH 14, 2024

Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot. Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

SEPTEMBER 22, 2017

No point-of-sale (POS) integrations or time spent setting up a new process. That meant they also had to wait days to make essential expenses, like payroll or replenishing sold inventory. Keeping Integration Easy. FastAccess Funding, DeAngelo said, is as easy as providing them with a debit card number.

Debit Card 58

Debit Card Push-to-Card Point-of-Sale (POS) Settlement 58

PYMNTS

MARCH 19, 2018

Small businesses (SMBs) in Canada want more payment options, both in how they accept payments from consumers and how they pay their suppliers, according to new research from Payments Canada.

Point-of-Sale (POS) 40

Point-of-Sale (POS) eWallet Small Business Payments 40

PYMNTS

DECEMBER 4, 2019

Financial institutions and other financial services firms would do well to pay attention: Nearly 57 percent of SMBs would be interested in switching to point-of-sale (POS) providers that offer rapid settlement, and more than two-thirds of respondents would be willing to pay fees for those services.

Settlement 66

Settlement Visa Small Business Point-of-Sale (POS) 66

PYMNTS

NOVEMBER 18, 2019

They typically pay interchange fees, and settlement of card payments can stretch across as long as 30 days. And at the point of sale (POS), real-time payments may find solid footing during self-checkout, where a request for payment can be made through the POS device and can be done just as quickly as using credit card or debit card.

Real Time Payments 49

Real Time Payments Consumer ISO 20022 Online and Mobile Banking 49

PYMNTS

JUNE 1, 2020

Pharmaceutical manufacturers sometimes reduce expenses for eligible patients, Corn said, with aid administered as point-of-sale (POS) discounts, rather than as patient disbursements. Reimbursements are not the only way patients receive healthcare-related funds; some receive financial assistance.

Electronic Funds Transfer (EFT) 55

Electronic Funds Transfer (EFT) B2C Checks Point-of-Sale (POS) 55

PYMNTS

AUGUST 14, 2019

Employees who use Instant Financial’s solution receive earnings on prepaid Visa debit cards, which can then be used at point-of-sale (POS) offerings and at participating ATMs and Visa member banks. Workers can also use ACH rails to disburse the funds to their bank accounts, a process that takes one to two business days.

Zelle 43

Zelle Point-of-Sale (POS) Payroll On-Demand 43

PYMNTS

DECEMBER 27, 2019

PYMNTS asked 30 payment executives to make a prediction about payments and commerce that they’d put in a time capsule to be unearthed at the conclusion of next year. Neither commercial nor retail customers can tolerate slow payments, and they become increasingly frustrated when they are asked to deal with these methods.

Push-to-Card 40

Push-to-Card Point-of-Sale (POS) Blocks Blockchain 40

PYMNTS

OCTOBER 6, 2017

The FinTech’s technology uses cryptography – not blockchain – to secure payments, allowing for faster, more secure transactions with the ability to achieve greater scale. Cooke explained that the underlying rails are secured so that only the intended recipient can receive the payments.

Online and Mobile Banking 40

Online and Mobile Banking Risk Assessment Point-of-Sale (POS) Instant Payments 40

PYMNTS

MAY 6, 2019

Settlement delays are inherent in these kinds of pull payments, meaning merchants do not know at the point of sale (POS) if consumers actually have funds. . This is one area in which push payments have an advantage.

Push-to-Card 44

Push-to-Card Risk Debit Card B2C 44

EBizCharge

MAY 20, 2024

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. Saved cards can facilitate smoother, faster payments and improve customer loyalty.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

EBizCharge

APRIL 25, 2024

Utilize payment processing hardware Businesses require several essential pieces of technology to facilitate smooth and secure transactions before they can start accepting payments.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

EBizCharge

JULY 2, 2024

Payment links: Payment links are URLs that merchants can send to their customers to facilitate payments. They can be shared via email, SMS, or messaging apps and direct customers to a secure payment portal. Clearly state your preferred payment methods.

Contactless Payments 52

Contactless Payments Payments Online and Mobile Banking Disputes 52

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. These users are receiving investments, insurance and income via those means. Trackers and Reports.

Digital Payments 59

Digital Payments Point-of-Sale (POS) NOV Payments 59

FICO

MAY 19, 2020

How an increased amount of point-of-sale (POS) based transactions compared with the customer’s normal could look out of pattern. We have seen a lot of data has been compromised, so we are going to have to be on guard for identity theft and account takeover that look to exploit faster payment systems.

Account Takeovers 52

Account Takeovers Identity Theft Scams Online and Mobile Banking 52

PYMNTS

AUGUST 5, 2020

It’s pushed the issue of real-time payments for small business to front of the line, and solution providers have been busy helping Main Street SMBs with faster payment features. But that’s proving difficult as phased reopenings falter and new COVID hot spots appear.

Point-of-Sale (POS) 74

Point-of-Sale (POS) Small Business Real Time Payments Settlement 74