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The key to mobile wallets isn’t payments

By Emily Buckman Brands can spur mobile wallet adoption by utilizing this new technology to create a better customer experience. It’s estimated that mobile wallet usage around the world will increase by more than a third by 2021. Encouragingly, last[...]

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Worldpay Declares Its Network Quick Chip Ready

May 1, 2017 By Kevin Woodward @DTPaymentNews Quick Chip, a Visa Inc. protocol for streamlining the EMV transaction process, is now available on processor Worldpay’s network. Announced Monday, the service reduces a chip card terminal’s transaction time by approximately 3[...]

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UnionPay Moves To Compete Globally

ByPYMNTS Posted on April 25, 2017 From the point of view of a consumer in Myanmar, there is little difference between carrying a Visa and a UnionPay card — which is likely why the small Southeast Asian nation is “ground[...]

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India’s Cash Crackdown, Prompts More To Pay By Phone

  Paytm, India’s largest mobile-payment company, said the number of mobile wallets on its platform increased 45% after the government’s move to replace high-denomination bills. PHOTO: BLOOMBERG NEWS By Corinne Abrams and Debiprasad Nayak April 29, 2017 8:00 a.m. ET[...]

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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Your technology is outdated.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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