Let’s start with what Gen Z and younger consumers want from their banks. They want digital, mobile, and instant banking services. In other words, not their parent’s bank. What they’ve got right now from an entrenched banking system is too much paperwork, too many off-line ...
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Payments Trends
Payments Trends
Welcome to the weekly global payments news roundup where it’s beginning to feel a lot like Christmas sales predictions. At least according to the National Retail Federation, which says holiday sales should be up 3.8%-4.2% over last year. We profile a new banking app Cleo ...
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UK headquartered GoCardless launched services to enable international ACH (Automated Clearing House) debit payments for US companies in more than 30 countries around the world. The new service also enables easy US payments to GoCardless’s existing 40,000-plus international customers. GoCardless has built a global bank debit ...
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GoCardless is out with a new report on payments preferences in 10 major markets that comprise 80% of global e-commerce. The report gives us valuable insights into consumer payments preferences in 10 countries. We’ve got a quick quiz to see how much you know about ...
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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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Let’s face it, the mobile payments landscape is moving as slowly as the proverbial LA traffic jam. There’s a purse or wallet full of reasons for the slow adoption in the US including legacy systems, cost, merchant reluctance, the strong appeal of card rewards, and ...
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Time flies when you’re in the payments industry and we’ve got some global payments news to help you quickly keep up with the latest. We look at Mitto, an innovative Spanish virtual card design for Gen Z and financed by mom and dad. Clarus Commerce ...
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Apparently, cash is not on its deathbed after all. At least not yet at Amazon. Amazon is partnering with Western Union to expand its PayCode service so US online shoppers can now pay cash to buy that next 10-in-1 Instant Pot, Fire TV Stick, Donkey ...
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It’s one of the payment industry’s ugly secrets and for companies with a business built on subscriptions, it’s a revenue and business continuity risk that needs very close attention. Erich Litch, President & COO 2Checkout The problem is that some company databases are virtually held ...
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Another week, another payments news roundup. Let’s dive in. How could $35 million in payroll and tax accounts go missing from cloud provider MyPayrollHR? We investigate. B2B cart abandonment is a surprisingly big and costly problem according to new research from MSTS. A new business ...
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