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Square: Card Not Present Transactions, Square Card Spend See Gains In Q3

PYMNTS

Square posted third-quarter results that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment volumes (GPV) and increasing embrace of Cash App. Square Card And Card Not Present . Total net revenues of $3 billion were up from $1.9

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EMVCo: 59 Percent of Card Present Transactions Use EMV Chips

PYMNTS

percent of card present transactions, measured globally, were EMV chip-enabled, the technical body said Wednesday. That tally comes from card-present contact and contactless transactions that were monitored globally and spanned the period between July 2016 through June of this year. EMVCo said the 58.9 percent rate. “The

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MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. Lessons From Abroad. 3D Secure 2.0

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Union Bank Continues its Support of Northeastern Vermont Regional Hospital with $100,000 Donation for ER Expansion

Ublocal

When the Northeastern Vermont Regional Hospital emergency room opened 50 years ago, it was serving about ten patients per day. This dramatic increase in patient visits has caused an enormous strain on the facility and presented daily challenges for its dedicated staff.

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The Impact of Mobile Card Apps On FI Customer Retention

PYMNTS

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. And once a top of wallet is set, the card becomes invisible and changes very infrequently.”.

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CardUp Introduces Commercial Card Solution In Asia

PYMNTS

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

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More Than Half Of Cards Issued Globally Were EMV-Enabled

PYMNTS

percent of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the number of EMV payment cards in circulation around the world increased by 1 billion over the previous 12 months — to a total of 7.1 Regionally, the EMV chip card adoption rate is highest in Canada, Latin America and the Caribbean (85.7

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