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

Western Union Launches Mobile Platform In Canada
Western Union Launches Mobile Platform In Canada
October 04, 2016  |  Mobile Applications

Western Union, a player in the global payments market, announced on Monday (Oct. 3) the launch of its mobile platform in Canada for domestic and...

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American Express Canada Cardmembers Can Use Points At Amazon
American Express Canada Cardmembers Can Use Points At Amazon
October 04, 2016  |  Loyalty & Rewards

American Express Canada announced on Monday (Oct. 3) that Canadian cardmembers enrolled in the membership rewards program can now pay for purchases in part or...

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Simple Launches Beta Of Shared Accounts
Simple Launches Beta Of Shared Accounts
September 30, 2016  |  Digital Banking

Simple, the online banking company,  is attempting to turn traditional bank accounts on its head, announcing on Thursday (Sept. 29) the launch of Simple Shared, which...

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The Body Shop To Launch Alipay Mobile Wallet In Three London Stores
The Body Shop To Launch Alipay Mobile Wallet In Three London Stores
September 29, 2016  |  Payment Methods

Wirecard announced on Wednesday (Sept. 28) that The Body Shop, the U.K. cosmetics and skin care company, will launch mobile wallet Alipay in three of...

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Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
September 29, 2016  |  Blockchain / Distributed Ledger

Standard Chartered announced on Wednesday (Sept. 28) the completion of the first real-time cross-border payment for businesses with another major correspondent bank. The move is...

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Big Banks Have To Up Their Games To Push Back Against FinTechs
Big Banks Have To Up Their Games To Push Back Against FinTechs
September 27, 2016  |  Banking

The leading banks need to improve their customer service, maximize their security, minimize complexity and add value beyond payments if they want to survive and...

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Uber Launches Uber Gift Cards
Uber Launches Uber Gift Cards
September 27, 2016  |  Ridesharing

Uber, the ride-hailing startup that has transformed how people get a ride, is now offering gift cards for its service. In a blog post, Uber...

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