Payments Trends

Payments Trends

Brazil introduces real-time digital payments
Banking Fintech Payments Trends

Brazil’s Central Bank plans new real-time digital payment system

Brazil’s central bank – Banco Central do Brasil (BCB) – launched testing of a new real-time digital payment system based on QR codes and is expected to go live by November this year. Use of the new payment system called PIX will be mandatory for ...
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future of payments is changing fast
Fintech Mobile Payments Payments Trends

Future of Money Study sees new payments methods ahead

Money matters to consumers and the new Future of Money market research by Logica shows changes ahead in how we pay for things in the future. And those changes are coming fast. Digital payments are growing, but cards still are the leading payment method used ...
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ChargeAfter POS financing
E-commerce Payments Technology Payments Trends

ChargeAfter gets Visa investment & network access

Point of sale financing platform ChargeAfter got a big boost with a strategic investment and network access to Visa’s network of sellers, acquirers and issuing banks. The new partnership provides Visa’s network of issuing banks access to ChargeAfter to offer Visa cardholders with more financing ...
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global coronavirus impact growing
Payments Trends

Coronavirus raises global fear for health & economy

Like the SARS pandemic before it, the new coronavirus has everyone on edge from health and immigration officials, manufacturers, tourism operators, and retailers to international traders, financial markets, and probably your neighbor next door worried about their own personal health risk and the unknown impact ...
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7-Eleven tests cashierless stores
Disruptive Technologies Payments Trends Retail

7-Eleven testing first cashierless store at head office

They’ve tried drone deliveries of Slurpees and now 7-Eleven is testing a completely cashierless store at its Irving, Texas headquarters. The fast-food giant announced the pilot in a news release saying a 700 sq ft, non-traditional convenience store is now operating and available for employees ...
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Payments Trends Retail

NYC bans cashless-only payments in stores and restaurants

New York City, the country’s largest, became the third US city to banish cashless-only transactions following similar bans in San Francisco and Philadelphia as well as the ban imposed by the state of New Jersey. Critics have long claimed cashless-only transactions disadvantage the poor, the ...
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e-commerce will grow quickly in 2020 globally
E-commerce Payments Trends

2020 predictions: Global growth of e-commerce

By Stefan Merz, COO at PPRO The e-commerce market is set for exponential growth – it is predicted that global e-commerce retail sales are set to reach $4.9 trillion by the year 2021 – and the next 12 months will see this momentum continue. Its ...
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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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global payments news roundup
Banking Fintech Payments Trends

Dec 13 Global payments news roundup

Here’s your weekly global payments news roundup, all wrapped up in one handy reading package. Juniper Research reports global remittances hit $682.6 billion in 2018 with much more on the horizon. We look closely at the growth of fake five-star reviews on Amazon and other ...
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