A key frustration shared among consumers traveling abroad is the fear that their transactions will be denied because of overly conservative fraud-prevention measures put in place by their card issuer, or by the merchant where they want to shop. A declined transaction can prove to...
Mobile phones can do more than enable a consumer to buy something anytime, anywhere and with any payment method. They actually can be used to make payments smarter, which can make them more secure. These devices, with their operating systems, internet connectivity, apps, front and...
If there ever was a perfect system that could provide the ideal interaction between consumers and merchants or banks, it starts with how the consumer feels during the transaction process. But it’s actually what happens behind the scenes that ensures the experience is not...
One of the more misunderstood or outright confusing aspects of virtual currencies such as Bitcoin is the process called “mining.” The term conjures up images of resource extraction, when in reality the process is more akin to maintaining a decentralized digital network. The coins received...
Groupon has made some pretty big strides in the few years of its existence, having accumulated nearly 70 million downloads of its app, which supports daily deals and coupons. It added 9 million in just the last quarter alone. But it also is adjusting its...
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...
Miss out on the major announcements from this year’s Mobile World Congress in Spain? Don’t worry, our slideshow (which you can find below) covers the big payments-related deals that came out of Barcelona over the past few days. These include announcements from: – MasterCard –...
03 March 2013 Loyalty, which helps drive consumer behavior when it comes to payment choice, will be equally important in mobile commerce. But it will need to be reinvented to accommodate the change in technology, according to a new report. In the report, Euromonitor International notes...
In late January, Ribbon, which launched originally as a merchant payments tool provider, launched a peer-to-peer payment solution. Regardless of its target audience, however, the company’s tool represents “the simplest way of receiving money,” company founder Hany Rashwan noted in a recent podcast interview with...
