Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice payments. AP spend management via credit cards becomes economically attractive for both buyers and sellers,...
B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Warren Buffet made rails sexy again when he bought a railroad in 2009. That was the year Buffett took a 77 percent stake in Burlington Northern — in what he described...
YouTube is enhancing the tools it provides to advertisers by expanding its TrueView in-stream ad format. According to reports, the new in-stream ad format will enable viewers to take actions when viewing the ads instead of just clicking. For instance, YouTube is letting advertisers add...
Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or email address as an account proxy. In March, the Hong Kong Monetary Authority (HKMA) announced plans to introduce a faster payments system that will...
When it comes to using loyalty points as a currency, some might underestimate the difficulty of such an application: “People kind of shrug,” Modo CEO Bruce Parker told PYMNTS.com in an interview. They think that “deploying loyalty points and redeeming them for stuff seems like something...
Two and a half months ago, PayPal launched Smart Buttons in the U.S. as a way to improve the checkout experience for both merchants and consumers. PayPal made its “Buy Button” smarter by dynamically presenting consumers with the most relevant payment method at checkout —...
I needed a few outdoor cushions earlier this season and hired a local upholstery shop to make them. This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. The shop came...
China’s UnionPay, the payment card issuer, is gearing up to roll out branded cards in the U.K. as it expands more into Europe, aiming to take on Visa and Mastercard. According to a report in the Financial Times, with UnionPay facing increased competition in its...
Travel companies know that payments innovation is mission-critical when it comes to acquiring and retaining consumers all over the world. It’s a clear fact in the data — 81 percent of travel firms indicated that payments innovation is on the menu for the next three years, according...
