The shift to digital commerce means that long after the pandemic is over, merchants across all verticals will have to offer a range of payment choices in order to boost conversion rates. As PYMNTS research has detailed, as much as $158 billion in brick-and-mortar commerce...
As the old adage goes: The best way to eat an elephant is one bite at a time. As financial services firms and banks grapple with the tsunami of digital payments, many companies must modernize their infrastructure and back-end processes. In a virtual roundtable discussion...
Branch, the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. “Consumers deserve fast...
Mastercard has partnered with Facebook to offer Brazilians a way to send and receive money on the social network’s WhatsApp. Cardholders who make bank transactions with two Brazilian banks, Nubank and Sicredi, will be the first to use the tool on WhatsApp, which allows users to send text and...
Visa is working with Facebook so that consumers can fully use the new payments feature on WhatsApp in Brazil, the global digital payments giant announced on Monday (June 15). “As digital becomes the epicenter of daily life during the global pandemic, being able to move...
Like many small businesses, Bluebonnet Photography has been hurt by the pandemic as customers have canceled photo shoots, The Wall Street Journal (WSJ) reported. Now, the Tacoma, Washington, portrait studio is facing another challenge. Square, the San Francisco-based ePayment company, recently started holding 30 percent...
Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit — not very streamlined conduits when Uncle Sam needs to deliver aid speedily so that it’s most effective. The concept of creating “digital dollars” for...
Hal Lawton, CEO of Tractor Supply Company, said he thinks customers are likely to stick to the shopping habits they picked up due to the pandemic, according to a CNBC report. He said contactless, digital payment methods will likely rise in popularity, “usurping” the use...
The FinTech Stripe said it will “create the first self-serve unified payments platform for U.K. businesses” by adding the popular Bacs Direct Debit payments service — which includes digital wallets and card payments — to its ecosystem. In part, Stripe’s service allows businesses to make and...
