A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …
Read More »Search Results for: common aid
The Age of the Super App
You don’t have to look up in the sky to spot a super app. They’re starting to pop up in consumers’ phones everywhere. Here’s why—and why that’s so important. Most consumers don’t go to bed at night pining away for a new mobile app. They don’t likely request an investment …
Read More »MX Technologies Brings Open Banking Data Views to Small And Medium Businesses
The momentum behind open banking has received another boost. Open-banking provider MX Technologies Inc. is partnering with upSWOT Inc. to enable small-to-medium-size businesses to connect their bank accounts to import transaction and account information to dashboards that allow them to view the overall health of their businesses. The dashboards offer …
Read More »Consumers Intend to Embrace BNPL As Never Before This Holiday Shopping Season
Heading into the holiday shopping season, consumers are poised to make even more use of buy now, pay later options than in the past. Overall, 42% of consumers plan to use BNPL while holiday shopping, according to a survey by GoCardless, a provider of account-to-account payments. When Millennials were asked …
Read More »15th Annual The 10 Most Pressing Issues in E-Payments
After more than 18 months of pandemic, are you on the road to normal? In this, our annual catalog of woes and worries, we shine the spotlight on that road’s biggest potholes. Well, nobody signed up for this, right? More than a year-and-a-half after what had been a booming economy …
Read More »New Twists in Online Fraud
No longer content to use a stolen credit card, criminals are targeting e-commerce merchants for everything from customer account data to loyalty points to BNPL fraud. Criminals follow the money, and, with e-commerce booming and more merchants selling online than ever before, it’s no surprise that fraudsters are flocking to …
Read More »Putting Cash in the Past
The demands of modern business have virtually dictated that companies not only should, but must, use digital payments. With the onset of the Covid-19 pandemic, business operations were forced to shift online practically overnight. Work-from-home became the new normal, which created contactless environments for communication and workflows. Payments quickly followed …
Read More »SpotOn To Acquire Appetize and other Digital Transactions News briefs from 9/13/21
Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …
Read More »Subscription Fees Are up 15% and other Digital Transactions News briefs from 9/2/21
U.S. consumers are spending $273 per month on subscription services on average, up 15% from the average in 2018, yet they estimate they are spending less, according to a poll from consulting firm West Monroe.Payments provider Nuvei Corp. completed its $250-million cash acquisition of SimplexCC Ltd., a cryptocurrency gateway that links exchanges, brokers, wallets, …
Read More »Why Online Sellers Should Stop Differentiating Their Checkouts
Rather than simply performing housekeeping duties, the real payoff lies in adding functionality to the customer experience. Here’s how. Online shopping is more competitive than ever, yet many companies spend large portions of their budget just maintaining capabilities that do not give them any competitive advantage whatsoever. Let’s get specific. …
Read More »