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buy now pay later healthcare payments
Fintech Payments Technology Payments Trends

Buy now pay later for billion-dollar elective healthcare market

By Jeff Domansky, Jan 7, 2021 California-based fintech startup PrimaHealth Credit launched a ‘Buy Now Pay Later’ (BNPL) payment plan specifically designed for credit-challenged patients seeking elective healthcare treatments. According to the company, most healthcare lending products focus on the prime market, leaving behind 52% ...
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payment data automation
Fintech Payments Technology Payments Trends

Bill pay problems? How automation can help

By John Minor, Chief Product Officer for PayNearMe Jan 5, 2021 We all know the types of problems that can get in the way of a smooth payment transaction: exceptions, fraud, compliance concerns, human error, insufficient funds, and overloaded customer service teams, to name a ...
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false payment declines hurt business
E-commerce Fintech Payments Research

False declines cost merchants $20.3 billion

By Jeff Domansky, Jane 4, 2021 New research from Checkout.com and Oxford Economics shows that disconnected payments cost merchants more than $20.3 billion in the US, UK, France, and Germany last year. The research also identified those disconnects and where improvements can still be made ...
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2020 better forgotten
Payments Research Payments Trends

2020 year-end global payments news roundup

Dec 30, 2020 As 2020 fades into the rearview mirror, we’ve got a last look at a year notable for the stories of struggle, resilience, and survival in the payments world. It’s a credit to the industry that many grew their business and at the ...
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SE Asia e-commerce growth is substantial
E-commerce Payments Research Payments Trends

Pandemic pushes dynamic e-commerce growth ahead in SE Asia

By Jeff Domansky, Dec 17, 2020 Prior to the pandemic, the economies of SE Asia were booming, and e-commerce was showing substantial growth as well. A new PPRO report shows the region’s e-commerce growth even eclipses the more developed marketplaces during the COVID-19 crisis. The ...
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Disruptive Technologies Mobile Payments Payments Technology

Alipay and Visa: When titans redefine payments

By Ankita Tyagi, Founder & Principal Analyst, FSInnovate Dec 16, 2020 For decades, the payments space was associated with facilitating transactions between customers and their financial service provider, and nothing more. But, solution providers such as Alipay showed that it was possible to merge e-commerce ...
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B2B payments are automating rapidly
Cybersecurity E-commerce Payments Trends

3 predictions for B2B payments: Where next for ACH credit transactions?

By Thayer Stewart, CEO, PaymentWorks, Dec 15, 2020Everywhere you look, the statistics on B2B payments point to a rapid rise in the adoption of digital payments. Checks are still around, of course (and continue to cost businesses money to process), but according to a report ...
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Christmas e-commerce, fraud
Credit Card & Online Fraud E-commerce Retail

It’s beginning to feel a lot like e-commerce, fraudsters & returns

By Jeff Domansky, Dec 15, 2020 It’s beginning to feel a lot like Christmas and that means last-minute online shopping, higher incidence of fraud, potential delivery delays, and the expectation of a record number of gift and online shopping returns. We’ve got a few holiday ...
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US small business closures increase due to pandemic
Retail

85% of US small businesses need support to survive next six months

By Jeff Domansky, Dec 12, 2020 As new COVID-19 deaths and hospitalizations threaten to overwhelm the US health system, 85% of US small businesses say they need government relief funds now to survive to June 2021. A poll of 5,000 small business owners conducted by ...
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global payments future
Payments Technology Payments Trends

Payment industry leader predictions for 2021

As the end of the year approaches, after a tumultuous, pandemic-fueled 10 months, publisher Doug Hall and managing editor Jeff Domansky reached out to payments industry leaders for their perspectives and predictions for the industry in 2021. These industry leaders have pivoted and innovated throughout ...
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