Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to see their active customers migrating to other competitors that offer this convenience. This is one of the key findings extracted...
Nuvei has launched its new card issuing solution in 30 markets worldwide. This offering allows Nuvei clients to provide their customers, employees or contractors with both physical and virtual white-labeled cards, the Canadian FinTech company said in a Wednesday (Nov. 29) press release. The service...
Payments services firm Worldline has gotten approval to expand its presence in Great Britain. The company announced Tuesday (Nov. 28) that it had gotten a payment institution authorization from the U.K.’s Financial Conduct Authority (FCA). “The licensing confirms Worldline’s ambitions to further reinforce its presence in the U.K. and...
As we enter the holiday season, consumers are finding ways to manage their finances. The advent of split payments and other flexible spending programs is enabling shoppers to spend while not breaking their banks. As PYMNTS Intelligence has found, holiday shoppers who use a deferred...
As consumers increasingly rely on digital and self-checkout in their day-to-day lives, OVG Hospitality is seeing live event attendees demand more frictionless foodservice ordering and payment technologies in venues. In a recent interview with PYMNTS, Ken Gaber, the president of Oak View Group’s live event foodservice...
Sheeva.AI and Visa Acceptance Solutions have teamed to launch a tokenization platform for in-vehicle commerce. The collaboration, announced Tuesday (Nov. 21) will see Sheeva.AI — an in-vehicle payments solutions provider — employ Visa’s Cybersource Token Management Service power the first multi-use tokenization platform for in-vehicle payments by using exact vehicle...
The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For the FedNow Service®, the fee schedule will remain the same as the previous year’s, inclusive of discounts, the Fed said...
Bold Commerce, a checkout company for omnichannel retailers and direct-to-consumer (DTC) brands, has partnered with Link Money, an open banking payment platform, to enhance payment options for merchants. This collaboration aims to provide retailers using Bold Commerce’s checkout solutions with access to Link Money’s Pay by...
Consumers are happiest when they don’t have to think about how a payment is made, just that it gets done. And they are willing to try new payment methods to get those results. PYMNTS Intelligence data shows that half of U.S. consumers tried using a...
