Credit cards remain among the most popular vehicles for payments — for both planned and unplanned expenses — and for many consumers, stretching out payments over time holds particular appeal. In doing so, via card installment plans, households are able to get what they need,...
Trust and familiarity are central to the payments experience. At the end of the day, consumers won’t pay with methods they don’t know much about or aren’t used to. And that’s fine, or it used to be, when the primary options available were card or...
Consumers are less confident about economics — on a macro and a personal level — than they have been for quite a while. They’re mulling where they can throttle back spending, and in other cases they may be shifting how they want to pay, using...
Despite its potential, pay by bank, or open banking payments, remains a largely untapped opportunity, but a new report suggests that the right incentives could be the key to unlocking widespread consumer adoption. The collaboration between PYMNTS Intelligence and Trustly, titled “What Consumers Need for...
The federal government’s move to eliminate paper checks by Sept. 30 signals a massive shift toward digital transactions, potentially saving the Treasury $750 million. This transition, driven by an executive order, could accelerate the adoption of real-time payments across government and business. PYMNTS breaks it...
Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. The company’s funding round, announced Tuesday (March 25) on its LinkedIn page, will help Burbank develop its “Card Present over Internet” (CPoI) tool, which it calls a first-of-its-kind technology aimed at...
JPMorgan Chase and Walmart reportedly partnered on an embedded finance solution that lets merchants selling products through the retailer’s marketplace platform accept and make payments and manage their cash flow. This offering is now available for U.S. merchants, but it may be expanded to Europe and other regions, Reuters reported Monday (March...
Worldpay and Visa have announced the launch of a new Click to Pay with Visa checkout feature for online merchants in the U.K. The Click to Pay option allows customers to complete transactions with a single click, eliminating the need to manually enter card details,...
Pay-by-bank provider Trustly has launched a partnership with Hard Rock Digital. The collaboration, announced in a Wednesday (March 19) news release, will see Trustly provide pay-by-bank services to Hard Rock Bet, the company’s sportsbook/iGaming platform. “Through this integration, Hard Rock Bet players will be able to securely link their bank...
