PYMNTS-MonitorEdge-May-2024

tap to pay

Tap To Pay is a form of payment that allows a customer to tap a card or device against your card reader to pay instead of inserting a card.

Apple to Seek Dismissal of Justice Department’s Antitrust Lawsuit
Apple to Seek Dismissal of Justice Department’s Antitrust Lawsuit
May 21, 2024  |  Apple

Apple told a judge in a letter Tuesday (May 21) that it plans to ask that an antitrust lawsuit filed against it by the Justice Department and 15...

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Worldpay Launches Tap-to-Pay Offering for Merchants
Worldpay Launches Tap-to-Pay Offering for Merchants
May 02, 2024  |  Payment Methods

Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay on iPhone. The payments technology firm said in a Thursday (May 2) press release...

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Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
April 23, 2024  |  VISA

Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards. CEO...

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EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Apple

European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May. The tech company had proposed to open the...

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Antitrust Suit Alleges Apple ‘Inhibits’ Cross-Platform Digital Wallets
Antitrust Suit Alleges Apple ‘Inhibits’ Cross-Platform Digital Wallets
March 21, 2024  |  Apple

Among the allegations contained in the U.S. government’s antitrust suit against Apple — as the tech giant is accused of acting as an anti-competitive monopoly...

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PayPal Opens iPhone Tap to Pay for Venmo Business Users
PayPal Opens iPhone Tap to Pay for Venmo Business Users
March 07, 2024  |  Mobile Payments

PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service...

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TD Bank Adds Mobile-Based Payment Acceptance Option for Small Businesses
TD Bank Adds Mobile-Based Payment Acceptance Option for Small Businesses
February 22, 2024  |  Mobile Payments

TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners....

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Cities Tap Contactless Payments to Transform Urban Mobility
Cities Tap Contactless Payments to Transform Urban Mobility
February 08, 2024  |  Digital Payments

In the past, urban travel often meant wrestling with cumbersome paper tickets or scrambling for exact change at transit stations. However, with the roll out...

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Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
January 25, 2024  |  VISA

Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted...

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