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Innovative Approaches To Retail And PCI Compliance

PYMNTS

And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. 6.8B: Estimated size of the global tokenization market by 2027. . 6.8B: Estimated size of the global tokenization market by 2027. consumer’s whole paycheck. All this, Today in Data.

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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

The estimated value of the global intelligent vending machine market by 2025 is $15 billion. The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments. The expected CAGR of the global parking meter market from 2018 to 2025 is 6.97

Retail 177
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The global tokenization market is even expected to reach $6.8 percent over the next seven years.

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ATMs Are Ahead Of Their Time — Again

PYMNTS

ATMs have come full circle — starting life as the best tech innovation the public had ever seen (from banks), then becoming utterly routine, and to the present day — when ATMs are suddenly sexy again. It helps explain why the value of the ATM market was $18.44 A convergence of factors is at the root of the ATM makeover now underway.

ATM 165
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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

Marqeta , a cloud-based open API platform for modern card issuing and transaction processing, recently filed its S-1 in preparation for its shares to start trading publicly in June. Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. Company Name. Phone number.

Cards 73
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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

The cross-border eCommerce market presents a massive growth opportunity for businesses looking to expand, as eCommerce sales are expected to reach $18.9 trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. The ongoing pandemic is fueling this demand for digital commerce options.

Payments 162
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Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

That figure could rise to 50 percent, it estimates, by 2027. “You’re seeing the global freelancer market pick up tremendously, in part, because of the technology infrastructure being built to allow for this.” “They put in their credit card number, and it’s ‘set it and forget it.'”

Payments 178