PYMNTS-MonitorEdge-May-2024

Payment Methods

What is a payment method? Well there are many, debit, credit, ACH, blockchain, and cross border. There are also many other way to transact through the wires. Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.

Source: en.wikipedia.org

Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
November 22, 2024  |  BNPL

Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com. This offering includes Klarna’s interest-free buy now,...

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Cards Making Gains With Commercial Payments, But Greenfield Opportunity Still is Massive
Cards Making Gains With Commercial Payments, But Greenfield Opportunity Still is Massive
November 22, 2024  |  B2B Payments

The death of the paper check may be a ways off — certainly that’s the case with B2B transactions. In interviews with PYMNTS, executives have...

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Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

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US Treasury Selects BNY as Financial Agent for Direct Express Program
US Treasury Selects BNY as Financial Agent for Direct Express Program
November 21, 2024  |  Payment Methods

The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a...

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Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
November 21, 2024  |  Regulation

The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. A finalized rule from the...

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Staples Adds Klarna’s Flexible Payment Options
Staples Adds Klarna’s Flexible Payment Options
November 19, 2024  |  BNPL

Office supply retailer Staples now offers Klarna’s Pay Now, Pay in 4 and Financing options to customers shopping online at Staples.com. With these flexible payment options, customers can pay now, split their...

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Discover and Telered Partner on Payment Solutions in Panama
Discover and Telered Partner on Payment Solutions in Panama
November 15, 2024  |  Partnerships

Discover Financial Services and Telered, the main processor of electronic transactions and payment methods in Panama, have partnered to improve the payment experience for Panama’s residents,...

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Mastercard to Shift to Tokenization and Biometric Authentication by 2030
Mastercard to Shift to Tokenization and Biometric Authentication by 2030
November 13, 2024  |  Mastercard

Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims...

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Mastercard and Tap Payments to Launch Click to Pay With Payment Passkey
Mastercard and Tap Payments to Launch Click to Pay With Payment Passkey
November 12, 2024  |  Payment Methods

Mastercard and Tap Payments have partnered to introduce a Click to Pay with Payment Passkey service for eCommerce transactions. The companies plan to launch the service in the...

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