This weekend’s reading in payments news, trends, research and innovations from around the globe is for the fast and the furious. Watch for Google’s first-ever retail store in Chicago, Amazon’s possible move into the theater business, and Walmart’s stellar e-commerce results. We’ve also got a ...
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Mobile Payments
Mobile Payments
When it comes to payments apps, there’s a new sheriff in town. Square’s Cash App now has a total of 33.5 million downloads compared with PayPal Venmo’s 32.9 million cumulative downloads according to Nomura Instinet analyst Dan Dolev. “If the Cash App continues to grow ...
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Online shopping in the Asia-Pacific region will reach $1.6 trillion in 2018 and $2.3 trillion by 2022 according to a new report from GlobalData. Across the entire Asia-Pacific market, Asia-Pacific e-commerce growth increased between 2013 and 2017 at a compound annual growth rate (CAGR) of ...
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It’s very surprising the check clearing system in the UK has not kept pace with new technologies in most other markets around the world. By the end of this year, UK financial institutions will all finally adopt a new image-clearing system that replaces a traditional ...
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Instead of taking days or weeks to pay out non-glass insurance claims, a new service from Safelite Solutions and Ingo Money could pay accident claimants within hours. Safelite Solutions SVP of Strategic Client Sales & Support Jon Cardi said in a PYMNTS.com interview, “This is ...
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It’s been a busy week in global payments news and we’ve got a roundup of the latest payments trends, payments research, and innovations for your weekend reading pleasure. Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020 The ...
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A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...
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Mobile sales are increasing along with the adoption of mobile apps by retailers, but mobile fraud is a growing problem as well according to a new research report from Kount. The whitepaper – “Mobile Payments and Fraud: 2018 Report” – identifies several key trends including ...
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This week’s payments industry news features an in-depth look at PayPal’s acquisition of mobile payments provider iZettle, research on the impact of real-time payments on merchants and our usual Friday global payments news roundup. Just in time for your weekend reading. PayPal acquisition of iZettle ...
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Our Friday global payments news roundup includes a useful collection of strategic payments news you can use about iZettle, PayPal, Barclaycard, ACI Worldwide/Ovum, Amazon, Square, Walmart, FNB, Apple Pay and Nuggets. Retailers risk frustrating online shoppers with out-of-date payment technology More than 72% of retailers ...
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