A Look At Facebook’s Payments Business

A Look At Facebook’s Payments Business

While it generates most of its revenues from advertising, Facebook appears to be getting serious about other related businesses. After introducing payments via its Messenger app to all its U.S. users in June 2015, recently the company launched a group[...]

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PayPal teams up with Android Pay for mobile payments

PayPal is joining forces with Google’s Android Pay mobile payments platform, the companies announced this morning – an effort aimed at allowing PayPal to expand its footprint both within mobile applications as well as at brick-and-mortar retailers. The partnership will[...]

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5 Signs Its Time To Upgrade Your Terminal

Your technology is outdated. Although upgrading your payment hardware every time a fancy new solution arises isn’t necessary, your technology has an expiration date. Since updating to the new iPhone or Android seems like an annual occurrence for most consumers,[...]

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How Are Millennials Handling The New Payments Environment?

In the past few years, the number of options consumers have to make everyday payments with their credit card accounts has changed substantially. Not only has EMV become commonplace, but mobile payments are starting to gain a foothold in the sector[...]

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Apple Not Worried About Apple Pay’s Slow Adoption, Believes on Path to Replace Cash and Cards

Wednesday April 5, 2017 7:51 am PDT by Mitchel Broussard Apple’s trouble with getting a wide array of its users, retail partners, and banks to adopt Apple Pay has been highlighted in a new article today by The Wall Street[...]

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Credit card debt hits $1 trillion as economy expands

Americans are giving plastic money a workout. Credit card debt reached $1 trillion last year, according to the Federal Reserve, returning to a level not seen since 2008 as the Great Recession was gathering force. It’s a sign of increased[...]

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Visa and American Express to strengthen security for stolen contactless cards

             FRAUD PREVENTION: Visa and American Express are to review their security processes   Visa is to bring all of its contactless transactions online this year across 10 European countries to give consumers “more control[...]

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Like seatbelts, there’s no point in rejecting EMV and PCI

You don’t necessarily need to know the intricate technicalities of PCI and EMV. All you need to know is that following the rules and recommendations for preventing data breaches and credit card fraud will serve your business well. It’s like[...]

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Is The Realization Of The Mobile Retail Revolution Near?

ByPYMNTS Posted on April 7, 2017   Why bother using a $600 mobile wallet–equipped smartphone when a $2 debit card can do the job? According to Verifone’s Chief Strategy Officer Vin D’Agostino, it’s a question innovators haven’t yet answered fully[...]

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State Of The Credit Card Processing Industry For 2017

February 24, 2017 Despite the rapidly evolving payment options that consumers have today, credit cards still remain the leading payment method. In fact, according to the 2016 U.S. Consumer Payment Study, this was the first time that “credit took over[...]

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