Technology
Technology
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Alternative payment systems like Visa Checkout promise to reduce cart abandonment compared to the more drawn-out process of typing in credit card and shipping information. According to recent figures from Visa Inc., Visa Checkout is delivering on that promise.
May 19 -
The plan calls for the implementation of two new same-day settlement windows by March 2018. Fees that banks and credit unions will pay each other to cover the cost of the upgrades have been decreased.
May 19 -
If Verifone wants to benefit from the major card brands' efforts to operate in China, it must confront a virtual army of independent sales organizations already selling low-cost payment terminals.
May 19 -
Payments startup iZettle AB, a Swedish rival to Jack Dorsey's Square Inc., will start selling a credit-card reader that lets shoppers pay by tapping the device with a smartphone or bank card.
May 19 -
MasterCard is betting that faster payments will appeal most to corporations and government agencies not for collecting payments, but for disbursing them, particularly for insurance claims.
May 19 -
E-commerce is just a sliver of the Polish payments market, but that's likely to change quickly, and Raiffeisen Polbank is partnering with EVO Payments International to form a new company to compete for merchant clients as development cycles shorten.
May 19 -
In the payments industry, the common practice is to equate mobile merchants with micro merchants, and to put them on a back burner for things like EMV upgrades.
May 19 -
In a move foreshadowed by Alibaba Group Holding's initial public offering in the U.S., the China-based e-commerce giant's Alipay division has received a U.S. money transmitter license.
May 18 - PSO content
BNY Mellon has launched Payment Analytics, a service that gives heavy users of wire transfers insight into their payments, with the goal of making them more efficient.
May 18 -
Google's reported efforts to launch a buy button within mobile search resultsand only mobile search resultsis the latest sign that traditional e-commerce processes may not survive the transition to mobile devices.
May 18 -
The multi-account card world is getting crowded, especially for a product segment that is viewed as a bridge between plastic and mobile, meaning any entrant to this market has a very short window of opportunity.
May 18 -
While U.S. banks and clearing houses contemplate how to convert the country's payments system into near real-time, Taulia has made strides by offering a dynamic discounting option to encourage clients to use its technology for B2B payments.
May 18 -
Apple Watch is and will continue to be a big hit for their loyal consumers, both in terms of sales and acclaim. But for payments, it's not what consumers are looking for now.
May 18 -
So far, Washington has generally smiled on tech-driven lenders such as Lending Club and OnDeck. But many in the fast-growing industry are now bracing for closer scrutiny.
May 15 -
Mobile wallet makers are not content to stay in their own backyards. Many prominent names in mobile payments are increasingly active on foreign soil.
May 15 -
Visa will increase how much it reimburses banks to issue new cards compromised by merchants' data breaches, after some banks complained that the card network's payments were too low.
May 15 -
Samsung has decided to discontinue its Samsung Wallet service as it prepares to launch Samsung Pay.
May 15 -
London-based Givvit has chosen Judo Payments to enable payments within its mobile gifting app.
May 15 -
All of eBay Inc.'s 15 board members will remain with the company or become new board members of PayPal when it spins off from eBay in the third quarter.
May 15 - PSO content
While the payments industry has seen its fair share of division, many players are increasingly willing to work together.
May 15



