Payments Ecosystem: POS hardware, POS software, and gateway providers are working to become one-stop shops for merchants. Offering simple, robust access to front- and back-end solutions across industries lets them better serve merchants demanding integrated solutions.
Steve Smith talked with Insider Intelligence about how social media companies can build financial trust and what open banking can do for web3.
Both card networks reported strong volume growth and outlined ambitions for cryptos and B2B payments.
A Mastercard survey suggests that superior trust gives banks a leg up in the race to pitch consumers on sharing their financial data.
The card lets Mexican businesses with global workforces pay in currencies from any country where Mastercard operates.
It’s enabling quicker B2C payments using Mastercard Send and letting merchants offer one-click checkout through Bolt.
Digitization is disrupting the B2B payments space, the largest addressable payments market. As the industry evolves, there will be a substantial opportunity for payment providers to meet changing preferences and capture market share.
It's teaming up with Amber Group, Bitkub, and CoinJar in a region where 45% of consumers plan to use cryptos in the next year.
Canadian mobile penetration and bank access have created a high-potential environment for both proximity and peer-to-peer mobile payments. But entrenched payment habits and monopolization have created a slow growth environment that will force providers to adapt.
Both card networks reported quarterly gains and could see an even bigger bump in Q4 thanks to upcoming holiday shopping and new products.
Proximity and peer-to-peer mobile payments are on the rise in the UK, thanks to high user adoption of mobile and banking. However, growth is slow, which means that wallet providers looking to crack the market will need to get creative.
After mostly missing out on a year of holiday fun, data shows that US consumers are excited to get back into the swing of things this year.
Cash-back credit cards could make themselves more appealing to prospective customers with a few key features.
The card network enabled support for WEX Pay Cards, and its cardholders can now make instant transfers from Apple Cash—two moves that can help the issuer capitalize on rising retail spending as legislators mull new fee restrictions.
Mastercard will bring FinGo’s vein-scanning payments solution to more markets, and Visa is working on a biometric authentication solution for online transactions with the UAE’s Abu Dhabi Islamic Bank.
The agency ecosystem is complex. This report explains how the pandemic affected the landscape while also reviewing long-standing challenges and opportunities that agency professionals face as they balance the needs of clients with the complexities of running their business.
Blockchain is attracting enormous interest on the back of surging cryptocurrency valuations and increasingly high-profile payment integrations. But as a real payment currency, blockchain-based cryptocurrency still must overcome many hurdles before it can truly disrupt the space.
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