Digital Payments

Digital Payments
Note to Retail: Keep Shopping Simple if You Want Consumers to Buy
November 21, 2024

Simplicity in the omnichannel shopping experience is a concept that’s seen and appreciated by consumers. But as anyone familiar with the infrastructure behind the experience will tell you, it’s not so simple. From the point of view of Bob Legters, senior vice president of product...

Digital Payments
ValidiFI and PDI Team to Streamline Pay-by-Bank Enrollment
November 20, 2024

Payment intelligence provider ValidiFI has teamed with fuel/convenience retail tech company PDI Technologies. The collaboration, announced Wednesday (Nov. 20), will see ValidiFI provide real-time bank account validation for the consumer enrollment process for PDI’s payments solutions. This integration also covers GasBuddy, the PDI-owned fuel savings...

Digital Payments
Discover Global Network: Future Payment Strategy Should Be Digital and Data-Driven
November 20, 2024

When it comes to the economy, some things are not up for discussion. Everyone is spending more on housing, on transportation, food and shelter. And the consumer who wants to borrow money is still looking at much higher interest rates compared to March 2022, when...

Digital Payments
FIS and Oracle Team to Digitize Utility Bill Payments
November 12, 2024

FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud Infrastructure, will allow Oracle — which manages billions of utility customer bills each year —...

Digital Payments
Brazil’s Central Bank Previews Contactless Pix Payments
November 05, 2024

Contactless Google Wallet payments are coming to Brazil’s Pix system. The country’s central bank this week previewed the new offering — Pix by Proximity — on Monday (Nov. 4), with central bank (BC) President Roberto Campos Neto joined by Fábio Coelho, president of Google Brazil....

Digital Payments
TruckPay CEO: Trash Sector Cashes In on Digital Payments
October 31, 2024

Trash — often dismissed as a gritty, behind-the-scenes operation — is going digital. It is arriving in good company. Traditionally, waste management involved cash-heavy transactions. Independent truckers and small business owners frequently received cash payments for hauling loads of construction debris, scrap metal, or even...

Digital Payments
Gone in 60 Seconds: The Metals Market Moves Online
October 30, 2024

Industrial sectors have been feeling the weight of a slow-moving, high-friction procurement process for decades. Endless supplier coordination, manual paperwork, lengthy wait times, and the countless resources spent sunk in back-and-forths with salespeople have turned what should be simple transactions into logistical nightmares for businesses. Take...

Digital Payments
Study: Merchants Weigh Implementation Costs of Pay-by-Bank Options as Interest Grows
October 24, 2024

  Although pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective payment method and recognize its benefits, such as improved data protection. However, concerns about implementation costs remain one factor limiting...

Digital Payments
Clarity Is Key: The Link Between Transparent Billing and Chargeback Reduction
October 23, 2024

  Unexpected charges are a reality that 30% of consumers experienced in just the last 12 months. These charges could include either outright fraud or some level of ambiguity. For example, a cardholder may not recognize the charge amount or merchant. Providing clarity on such...