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What are Mobile Payment Services and How Do You Select the Right One for Your Business?

Stax

Thanks to smartphones and secure authentication, mobile payments continue to explode in usage. In fact, the global mobile payment market was valued at US $2.67 trillion in 2024 and is projected to grow to roughly US $10.48 trillion by 2033. Mobile payment systems are revolutionizing how consumers pay for goods and services.

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The Ultimate Guide to Online Payment Processing

Stax

Customers in this age of instant gratification always expect a smooth and seamless online payments experience. As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store.

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Core10 Taps PayNearMe to Facilitate Loan Repayment

Finovate

Core10 is partnering with PayNearMe to integrate loan repayment options, allowing its bank clients to offer payments via PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, ACH, and even cash at 62,000 retail locations. “Core10 is dedicated to helping financial institutions innovate faster,” said Core10 CEO Jeff Hanson.

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Industry data shows that 70% of consumers say the availability of their preferred payment method is very or extremely influential when choosing an online store. TL;DR A payment processor is a provider that handles transactions between a buyer’s bank and a seller’s bank.

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JetBlue Says ‘Just Venmo Us!’ as It Becomes First Airline to Accept Popular Payment Platform for Online Bookings

Fintech Finance

JetBlue (Nasdaq: JBLU) have announced it is the first airline to accept Venmo , offering customers an easy and secure payment option when booking flights directly with JetBlue online. Currently available on jetblue.com and rolling out on the JetBlue mobile app in the coming months, U.S.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. Ideal for secure communications, such as internet banking or email encryption. Mobile Payments : Ensuring secure transactions in apps like Venmo or Google Pay.

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The Most Common Types of Contactless Payment Methods and How They Work

Stax

They simply tap their credit card , mobile device, or smartwatch to pay. TL;DR The top 7 types of contactless payments are NFC payments , RFID payments , tap-to-pay cards , QR code payments , mobile wallets , wearable payments , and crypto transactions. PayPal, Venmo, and Alipay). That figure more than doubled to 17.9