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

Mastercard’s New Card Supports Up To Seven Currencies
Mastercard’s New Card Supports Up To Seven Currencies
February 23, 2017  |  Payment Methods

Mastercard and Canada Post, in collaboration with Payment Source and Peoples Trust Company, announced Wednesday (Feb. 22) the launch of Cash Passport, the latest payment solution...

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Apple Pay Now Accepted At More Than 40 Banks, Credit Unions In US
Apple Pay Now Accepted At More Than 40 Banks, Credit Unions In US
February 23, 2017  |  Apple Pay

Apple Pay is expanding in a big way in the U.S. and is now available at more than 40 banks and credit unions. According to...

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Up Goes The mPOS: Market Is Slated To Grow 50 Percent
Up Goes The mPOS: Market Is Slated To Grow 50 Percent
February 23, 2017  |  Mobile Commerce

The global mPOS market is expected to grow at a CAGR of 50 percent between 2016 and 2020, according to a new research forecast from...

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Klarna, Radial Team To Offer Online Financing
Klarna, Radial Team To Offer Online Financing
February 22, 2017  |  Payment Methods

Klarna, a payment provider in Europe, announced Tuesday (Feb. 21) that it inked a new partnership with Radial, the omnichannel commerce technology company. In a...

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Macquarie, ING Australia Start Offering Apple Pay
Macquarie, ING Australia Start Offering Apple Pay
February 22, 2017  |  Payment Methods

Two Australian banks, Macquarie and ING Australia, announced Tuesday (Feb. 21) that they are offering their customers Apple Pay. In the case of Macquarie, the company said in...

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IndiaQR Now Live As Government Pushes Forward With Cashless Society Efforts
IndiaQR Now Live As Government Pushes Forward With Cashless Society Efforts
February 21, 2017  |  International

IndiaQR, a government-backed QR code payment service, is now available in India as of Monday (Feb. 20). According to a report, the launch of IndiaQR...

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Global Contactless POS Terminal Market Set To Grow At CAGR Of Close To 26 Percent
Global Contactless POS Terminal Market Set To Grow At CAGR Of Close To 26 Percent
February 21, 2017  |  Point of Sale

The global contactless point-of-sale terminals market is expected to grow at a CAGR of nearly 26 percent between 2017 and 2021, according to a new...

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Ant Financial To Invest In Mobile Payment Company Mynt
Ant Financial To Invest In Mobile Payment Company Mynt
February 21, 2017  |  Investments

Ant Financial, the financial services arm of China’s Alibaba, is making an investment in Mynt, a mobile payment and credit service in the Philippines. According...

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Japanese Smartphone Users Warming Up To Digital Payments
Japanese Smartphone Users Warming Up To Digital Payments
February 20, 2017  |  Mobile Payments

Worries over security concerns have prevented digital payments from taking off in Japan, but that is starting to change with Japanese smartphone owners indicating interest...

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