PYMNTS

FEBRUARY 1, 2021

The technology enables customers to use their palm as an identification and payment method by waving their hand over the scanner when entering Amazon Go stores. Amazon anticipates that its palm-reading biometrics tech will expand across more industries as an identification and payments tool. .

Seattle 207

Seattle Tools Security Retail 207

PYMNTS

JULY 6, 2020

The COVID-19 pandemic has changed how consumers buy goods, and some of these new payment behaviors could continue well after the crisis ends. Consumers’ concerns about visiting stores and touching POS terminals have generated interest in touchless methods, as have merchants’ worries about risking potential virus exposure when handling cash.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

DECEMBER 17, 2020

The focus on touch-free, contactless payments has just accelerated,” Guerra said in an interview. “It Far fewer consumers are actually using these methods, however, suggesting an untapped demand for them. In fact, according to a new Omnichannel Grocery Report from ACI Worldwide and PYMNTS, 17.2

Fraud 330

Fraud Online Cards Retail 330

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. As the year closes, PYMNTS calls out six payment methods that gained traction and attention, including a take from key executives in each category. Contactless. It was the year when no one wanted to touch anything.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

MAY 13, 2020

I was going through an airport about a week before everything started shutting down, and all I could think was, thank God I have Apple Pay so I don’t have to touch anything,” Michelle Tempesta, head of product at Paytronix , told PYMNTS in a recent conversation. “I And we can modify our system fast.

Cards 251

Cards Branding Innovation Data 251

BankUnderground

FEBRUARY 28, 2024

We find that, rather than turning to cash, contactless is king when it comes to budgeting. Respondents were asked several questions about their payment preferences, including which payment method they found easiest to use when budgeting. Zahra Damji and Eleanor Hammerton The best purchases in life are free.

Survey 57

Survey Groups Online Payments 57

PYMNTS

JULY 2, 2020

Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit stores in-person. debit payments were contactless before the pandemic — a rate that has since leapt up to 40 percent.

Fraud 222

Fraud Cards Florida Trends 222

PYMNTS

JULY 16, 2020

ACI Worldwide , which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. And, there will be flexible person-to-person (P2P) services with added layers of security authorizations.

social media 207

social media Payments Innovation Software 207

PYMNTS

JANUARY 24, 2019

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives.

Community Bank 156

Community Bank Community Cards United States 156

PYMNTS

MAY 7, 2020

The new DBS Logistics Purchasing Card aims to save time and help prevent the spread of coronavirus for logistics companies with a cashless, contactless interface , according to a press release on Thursday (May 7). Now, Yang Kee and DBS plan to engage around 1,000 drivers who use those depots to initiate them to the new cashless method.

Cards 130

Cards Company Payments Operations 130

PYMNTS

JUNE 9, 2020

Merchants of all sizes have been scrambling to figure out how to scale their consumer-facing experiences to be flexible, meeting the challenges of a brave new world where social distancing is the norm and contactless transactions and interactions are gaining ground, even (and especially) in physical store environments.

Retail 230

Retail Mobile Meeting Online 230

PYMNTS

DECEMBER 3, 2020

Might mobile payments help revolutionize corporate cards? It’s been well documented how reliant on paper checks B2B payments have been right up to and even into the pandemic — with a significant percentage of payments being done through those antiquated means. It was a quick solution, but not the perfect solution,” Wood said.

Cards 213

Cards Mobile Payments Course 213

PYMNTS

APRIL 6, 2020

One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and pressing keypads touched by many other shoppers. percent reported Walmart Pay usage. percent to 3.3

Mobile 234

Mobile Apple Data United States 234

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JUNE 26, 2020

The program is designed to provide contactless payment options to reduce touch in the pandemic era as well as drive savings for loyalty program members. And with the pandemic happening, we actually accelerated that to create a contactless experience. We said we’ll give you ice and some fruits after 5 p.m.

Virginia 245

Virginia Florida Texas Retail 245

PYMNTS

SEPTEMBER 9, 2020

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. These two forces appear to be driving an increase in consumers’ use of touch-free debit payment options.

Cards 162

Cards Fraud Retail Security 162

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. We would advise people to wash their hands after handling banknotes, and avoid touching their face.

Study 304

Study New York City ATM Maine 304

PYMNTS

APRIL 14, 2020

The new method is touted by the company as able to be completed in two days at any time and any place. The current pandemic has made it more prudent for companies to put contactless services in place, as the virus is highly contagious and can be transmitted through contact with other people or things people have touched.

Meeting 167

Meeting Survey Cards Management 167

PYMNTS

NOVEMBER 25, 2019

Contactless Payments. Customers are drawn to payment methods that take as little time as possible, which is why many have embraced methods that lack signature, PIN or credit card information requirements, and instead opt for quicker paths that mirror one-click ordering on eCommerce sites. Pickup Windows.

Innovation 153

Innovation Retail New York City Minnesota 153

Bobsguide

SEPTEMBER 14, 2017

Contactless payments have become increasingly common in the UK. Today, six in ten Brits pay with touch and go. What started off as alternative payment method capped at £20 per transaction, has now become an increasingly common way to pay. And experts believe that the momentum.

Payments 103

Payments 103

PYMNTS

JUNE 29, 2020

As Laura Valdespino , director of compliance solutions at ADP , told PYMNTS in a recent interview, using digital channels, and specifically, pay cards, can actually improve the employees’ pay experience over paper-based methods that have been in place for decades. They don’t want to touch the check.

Cards 236

Cards Compliance Regulation Payments 236

PYMNTS

JULY 1, 2020

A Low-Touch Future. Tokenized payment data on file can allow merchants to redesign that payment experience to be fully contactless and digitized, Norris said, even when the transaction happens at a physical location. But Norris added that tokenization can do more than simply enable contactless payments.

Customer Experience 250

Customer Experience Security Tools Cards 250

PYMNTS

JANUARY 20, 2021

Rising to the top of that hot digital features list is the QR code, whose incarnation as a paragon of 21st century payments tech is something that “amazes” inventor Masahiro Hara. This familiarity is making QR code use as a payment method in the U.S. The pandemic has made consumers broadly more familiar with QR codes.

Payments 130

Payments United States Survey Trends 130

PYMNTS

DECEMBER 21, 2020

You can see it in the quarterly earnings reports this year of just about every publicly traded company and among the list of companies that have either gone public one way or the other or have filed S-1s because they plan to do so soon. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S. consumers since March. [1].

Apple 227

Apple Study Innovation Survey 227

PYMNTS

OCTOBER 16, 2020

consumers for an inside look at shopping and payment preferences after COVID, and what retailers need to know to adapt. Yet with a vaccine rumored to be ready by year’s end, consumers may become safe from COVID, but a multitude picked up something else in 2020: the preference for digital shopping and payment choice.

Retail 169

Retail Payments Examples Online 169

PYMNTS

JANUARY 18, 2021

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic. They engage with companies that listen.

Innovation 205

Innovation Payments Retail America 205

PYMNTS

NOVEMBER 25, 2019

Payments are changing so rapidly that they can sometimes be hard to keep up, and that certainly holds true for QSRs. discussed the emerging payments coming to the QSR world, and what’s on tap for the coming year and new decade. You might end up ordering or paying with your face via facial recognition technology.

Payments 225

Payments Mobile Dallas Apple 225

PYMNTS

JUNE 8, 2020

PYMNTS spoke with Ross as well as Jacki Snyder, senior director for payment services at grocery wholesaler and services provider UNFI , to discuss how the pandemic has changed the grocery industry, how grocers must adapt and what these changes mean for the industry’s future. . reached a record 62.5 million by the end of April.

Online 144

Online Mobile Tools Retail 144

PYMNTS

SEPTEMBER 30, 2020

While the pandemic has led more consumers to choose debit as their preferred payment method, that doesn’t mean credit should not be a focus.”. While the pandemic has led more consumers to choose debit as their preferred payment method, that doesn’t mean credit should not be a focus.”. CUs: High Hopes, Low Touch.

Innovation 142

Innovation Cards Meeting Strategy 142

PYMNTS

OCTOBER 9, 2019

SCA may have arrived on the payments scene, but questions remain regarding its exact authentication requirements. The overarching rule is simple enough: Consumers who make purchases online or use contactless payments in stores must be authenticated with 2FA.

Mobile 124

Mobile Retail Online Fraud 124

PYMNTS

DECEMBER 31, 2020

That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified. Take a look (and have a listen) at our 10 favorite podcasts from 2020. How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

FEBRUARY 1, 2017

customers using contactless payments to make purchases, AIB announced that it will continue to waive transaction fees for purchases of $30 or less. to charge for contactless payments is Bank of Ireland. We don’t currently charge a transaction fee for contactless as it’s waived,” a company spokesperson told Newstalk. “We

Payments 100

Payments Cards Retail Mobile 100

PYMNTS

OCTOBER 9, 2018

Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? The latter will deploy sound-based contactless payments. It’s sound waves emitted by phones. In such a scenario, a vast majority of 1.3

Payments 152

Payments Course Retail Mobile 152

PYMNTS

NOVEMBER 6, 2019

Customers are drawn to payment methods that take as little time as possible, which is why many have embraced methods that lack signature, PIN or credit card information requirements, and instead opt for quicker paths that mirror one-click ordering on eCommerce sites. . NFC’s Draw And Impact On Loyalty.

Mobile 101

Mobile Technology Data Cards 101

FICO

JULY 10, 2020

As a result of COVID-19, the use of contactless payments is expected to rise 10–15% in the U.S. With this uptick in usage leaving many wondering just how secure this payment method is, I thought it was important to answer some commonly asked questions. What exactly are contactless payments?

Payments 52

Payments Fraud Samsung Security 52

PYMNTS

OCTOBER 4, 2016

Apple’s mobile payment service has now reached Russia. Apple’s decision to launch Apple Pay in Russia comes at a time when the country’s mobile payments market grew by almost 40 percent in 2015, to 70.4 Not only is Apple Pay expanding geographically, but the payment method also made its web debut last month. and others.

Apple 175

Apple Mobile Marketing Payments 175

PYMNTS

APRIL 24, 2020

The company also used the blueprint to come down solidly in favor of contactless payments. It recommended retailers use a proprietary payment method (the company has a mobile solution called Kroger Pay) or accelerate the move toward technology that does not require pin pads or physical interactions. “We

Guidelines 133

Guidelines Retail ATM Mobile 133