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

ING To Roll Out Contactless Charity Donation Boxes
ING To Roll Out Contactless Charity Donation Boxes
January 10, 2017  |  Payment Methods

Dutch bank ING is gearing up to roll out charity donation boxes that are contactless. According to a report, the charity donation boxes were developed with Whydonate...

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CBZ Suspends Visa Card Transactions Because Of High Fees
CBZ Suspends Visa Card Transactions Because Of High Fees
January 10, 2017  |  International

CBZ Holdings, Zimbabwe’s largest bank, is suspending Visa cards for transactions made locally, with the high costs associated with Visa cards and cash shortages being...

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China’s Central Bank Urges Caution; Tanks Bitcoin
China’s Central Bank Urges Caution; Tanks Bitcoin
January 09, 2017  |  Bitcoin

Urging of caution when it comes to investing in bitcoin by China sent the price of bitcoin plunging 12 percent late last week. According to...

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Bain, Advent Near Deal To Buy Concardis
Bain, Advent Near Deal To Buy Concardis
January 09, 2017  |  Partnerships / Acquisitions

Bain Capital and Advent, the two private equity firms, are close to inking a deal to acquire Concardis, a German payment group. According to a...

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Amex Wins Another Round on Antitrust Case
Amex Wins Another Round on Antitrust Case
January 06, 2017  |  Legal

The U.S. government’s request to a federal appeals court to rethink a ruling that paves the way for American Express to prevent merchants from steering...

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Global Mobile Wallet Market Set For Double-Digit Growth Through 2021
Global Mobile Wallet Market Set For Double-Digit Growth Through 2021
January 05, 2017  |  Mobile Payments

The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets....

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Mitek Powers Mobile Deposits For American Cancer Society
Mitek Powers Mobile Deposits For American Cancer Society
January 05, 2017  |  Partnerships / Acquisitions

Mitek, a mobile capture and identity verification software company, announced Wednesday (Jan. 4) the American Cancer Society is licensing and integrating Mitek’s Mobile Deposit and...

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Helsinki Airport Now Accepts Alipay
Helsinki Airport Now Accepts Alipay
January 05, 2017  |  Payment Methods

Helsinki Airport in Finland is one of the first airports in Europe to now enable Alipay. According to a press release, Finavia, which operates the Helsinki...

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Taking On India’s Payments Opportunity
Taking On India’s Payments Opportunity
January 05, 2017  |  Business

With a massive population, economic growth and business-friendly regulations, India holds plenty of potential for business. But the country is experiencing serious shifts – PYMNTS...

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