When digital payments and commerce professionals talk about “friction,” they usually mean reducing barriers that make a consumer pause before buying a new pair of shoes, opening a bank account or similar tasks. Of course, reducing or eliminating those barriers stand as important tasks, as...
Digital payment company Zelle sent $39 billion through its network on 147 million transactions during the first quarter of this year, the company said in a news release. Early Warning Services LLC, which is the network operator behind the company, announced the Q1 news on...
Venmo, the digital payments company, is reportedly considering launching credit cards as a way to profit from its large customer base. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
High-speed rail service Eurostar is adding Google Pay support to its service in an effort to reduce the usage of paper tickets, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
After much of Chicago burned to the ground in 1871, rebuilding the city involved various fundraising and restorative strategies. One famous effort took the form of donated books sent from common people (and royalty) in the U.K. to help build a new, free and public...
AlipayHK, a mobile payment system in Hong Kong, has partnered with McDonald’s to offer payment on the McDonald’s app on smartphones, the company said in a release. AlipayHK users can also use a QR code-based system for special rewards. Get the Full Story Complete the...
Push payments next big thing is instant settlement that helps merchants get paid as sales are made. Ingo Money CEO Drew Edwards makes the case that instant settlement is poised to become the new normal in commerce. Some players, he told Karen Webster, have an...
All those children’s TV shows and stories lied: Sharing is not easy. Sharing is, in fact, enormously complex, prone to fraud and frustration, at least when it comes to digital payments and commerce. The rise of the global sharing economy — tied to online marketplace operations...
SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the move of cross-border transactions to the ISO 20022 standard. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
