Online payments provider AffiniPay has debuted in-person payments for its professional customers. The new offering, announced Monday (Feb. 5), is designed to integrate in-person payment devices across products and interfaces, offering “on-the-go and in-office payments and with the latest ‘tap-to-phone’ technology for mobile.” According to the company’s announcement,...
Often as part of loyalty initiatives, brands and merchants partner with financial institutions to launch their own credit cards. These store cards or merchant-branded cards not only allow cardholders to access a series of benefits such as discounts or reward points when purchasing products, but...
In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer segments, the leading users of installment purchase plans are neither millennials nor lower-income earners but high-income consumers. This applies for...
Fiserv says members of its uChoose program can now use card reward balances to buy gas. The new offering, announced by the payments FinTech Monday (Jan. 22), lets users purchase fuel at roughly 7,000 BP and Amoco stations. “Expanding our rewards redemption options to include uChoose Rewards gives our...
Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks and utilize intermediaries like peer-to-peer (P2P) service providers such as Venmo or PayPal. One of the main benefits of A2A...
Ad hoc payments are considered outside of recurring invoicing and check requests and can be processed in any payment method, directly to a bank account, in cash or via any form of instant payment system. Being the most common payment an average firm receives, by...
The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The question of whether consumers will continue using these plans is already answered — they will — but another question has...
Ingo Payments CEO Drew Edwards told Karen Webster in an interview that the incentive and technologies are there for forward-thinking companies and firms enabling money mobility (including Ingo) to create their own ecosystems and keep money flowing within them. To clarify, Edwards noted the traditional...
Eventbrite has added Instant Payouts and Tap to Pay to its event management and ticketing platform. These features aim to provide event organizers with enhanced financial flexibility and operational efficiency, the company said in a Tuesday (Jan. 16) press release. Instant Payouts and Tap to...
