Payments Technology

Payments Technology

Visa's Tap to Pay turns Samsung smartphone into POS device
Banking E-commerce Mobile Payments Payments Technology

Visa, Samsung collaborate on payments and smartphone POS solution

A new collaboration between Visa and smartphone maker Samsung electronics brings simple mobile point-of-sale (mPOS) payment capability to millions of businesses without the need for expensive hardware, maintenance, and training. Visa’s Tap to Phone makes it easy for sellers to use Samsung’s new Galaxy XCover ...
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Standard Chartered Bank SWIFT gpi
Banking Payments Technology Payments Trends

Standard Chartered launches first payments tracking ahead of SWIFT Nov 2020 deadline

Back in July 2019, more than 50 banks and corporations signed up with SWIFT to initiate SWIFT GPI tracking of international payments as a way to enhance e-commerce and cross-border business in advance of the November 2020 deadline for users of SWIFT’s payments clearing system. ...
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Lamborghini Huracan EVO voice services
Mobile Payments Payments Technology Payments Trends

Hey Alexa, fill up my gas tank

It’s getting to the point where voice skills like Amazon Alexa and Google Assistant can do just about everything except give the kids a bath. The timing of announcements about services around the US Consumer Electronics Show (CES) shows how Amazon hopes to dominate in-your-auto ...
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10 Canadian credit unions launch Google Pay
Banking Mobile Payments Payments Technology

Canadian credit unions launch Android phone payments with Google Pay

Ten credit unions launched the Interac Debit payment system with Google Pay, allowing Canadian consumers to pay for purchases using their Android phones.  Canadians have used the interact debit payment system for more than 20 years and this marks a big step forward for Google ...
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PayPal acquires Honey
E-commerce Loyalty Payments Technology

PayPal seeks rewards gold in Honey acquisition

PayPal announced the acquisition of Los Angeles-based consumer shopping and rewards technology company Honey for $4 billion. Launched in 2012, Honey has 17 million active users who use the platform to find savings as they shop online at more than 30,000 participating online merchants in ...
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Brightwell Payments serves cruiseship crew
Banking Fintech Payments Technology

Cruising for payments: Brightwell grows unique market niche

Atlanta fintech company Brightwell Payments is growing substantial business in a unique market by helping underserved global workers get paid as well as send and spend money safely and easily worldwide. Brightwell and NCR announced the two companies will collaborate to provide financial services including ...
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Mastercard launches Payment on Delivery for B2B
Banking Payments Technology

Mastercard launches B2B payment on delivery

Mastercard launched Payment on Delivery, a new solution that lets businesses pay a supplier in real-time when receiving goods or services. The company is piloting the program with PNC Bank, which uses the RTP® network from The Clearing House for real-time payments clearing and settlement ...
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UTRUST cryptocurrency payments
E-commerce Payments Technology Payments Trends

Cryptocurrency payments for merchants are alive and well

With the same resilience as bitcoin, cryptocurrency payments for merchants are still alive and well despite what some may perceive as declining interest by merchants and consumers. According to UTRUST, more than 100,000 merchants around the world accept cryptocurrency payments for goods and services today. ...
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PSD2 obstacles remain
Banking E-commerce Payments Technology

Overcoming obstacles on the path towards PSD2

By: Ralf Ohlhausen, Executive Advisor at PPRO The closer to the September 14 implementation deadline for the Regulatory Technical Standard (RTS) on SCA & CSC detailing much of the PSD2 legislation, the less room there is for lack of clarity about its stipulations.  The RTS ...
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drunk shopping research
Cybersecurity E-commerce Payments Technology

US drunk shoppers spent $39.4 billion in 2018

It’s Labor Day, so we thought we’d keep things a little lighter than usual here on Payments NEXT. This just in. Americans have got the message about the dangers of drunk driving, but apparently, they missed the memo about drunk shopping. Recent research shows that ...
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