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

Xoom Expands In Asia To Make It Easier To Send Money To Japan
Xoom Expands In Asia To Make It Easier To Send Money To Japan
January 04, 2017  |  International

Xoom, a digital money transfer provider, announced Tuesday (Jan. 3) it is expanding its services in Asia as a way to make it easier for...

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Paytm Gets Permission To Launch A Bank
Paytm Gets Permission To Launch A Bank
January 04, 2017  |  International

Paytm, the leading mobile pay firm in India, announced Tuesday (Jan. 3) that it received permission from the Reserve Bank of India to formally launch Paytm...

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BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
January 04, 2017  |  Partnerships / Acquisitions

BBVA announced Tuesday (Jan. 3) it inked an agreement to buy Openpay, a startup in Mexico that offers online payments. In a press release, BBVA...

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House of Fraser Invests In App-Only Bank
House of Fraser Invests In App-Only Bank
January 04, 2017  |  Investments

House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a...

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NEW REPORT: Doing (Payments) Business In India
NEW REPORT: Doing (Payments) Business In India
January 04, 2017  |  Business

You might want to keep your eye on India.  The country is the subject of the inaugural edition of the PYMNTS.com Doing Business In report,...

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Apple To Cut iPhone 7 Production
Apple To Cut iPhone 7 Production
January 03, 2017  |  Apple

Apple is gearing up to cut production of its iPhone by roughly 10 percent in the new year. According to a report by the Nikkei Asian...

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Swiss Buck The Trend, Embrace Their Cash
Swiss Buck The Trend, Embrace Their Cash
January 03, 2017  |  Cash

Despite the push toward a cashless society in many countries, residents in Switzerland are still in love with their cash, which is used regularly to purchase...

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Paytm Wants To Add 5 Million Merchants In 2017
Paytm Wants To Add 5 Million Merchants In 2017
December 30, 2016  |  International

Paytm, the mobile wallet provider in India, is gearing up to bring on board 5 million merchants. According to a report by Business Insider, the...

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NYCUA Supports NY’s Ban On Credit Card Surcharges
NYCUA Supports NY’s Ban On Credit Card Surcharges
December 30, 2016  |  Regulation

The ban on credit card surcharges in New York got support from the New York Credit Union Association (NYCUA), which filed an amicus brief with...

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