Consumers generally prefer PIN-based debit to signature debit, and are less frequently subjected by banks and merchants to fees for PIN-debit usage, according to a recent survey. At the same time, the number of banks offering rewards incentives to consumers for PIN-debit usage, already a small minority, is declining, says …

The steady drumbeat of card-data breaches is a major factor causing rising anxiety among consumers who use the Internet for shopping and other financial transactions, the Conference Board reported today. In a quarterly survey of 10,000 households sponsored by the New York-based business organization, 13% of all online consumers say …

A majority of consumers who routinely pay their bills with checks are familiar with the process of accounts receivable conversion, or ARC, and better than half express no objection to the process, according to a survey conducted for the National Automated Clearing House Association, Herndon, Va. ARC is a relatively …

Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon With retail sales predictions clocking in at $1.59 trillion for this year’s holiday season[i], it’s a good time to reflect on how you can support and help your merchants meet this demand while maximizing …

Consumers will spend a record $650 per person during Black Friday-Cyber Monday shopping events, a 15% increase from last year, according to a study from Deloitte. During the Black Friday-Cyber Monday period, 56% of consumers say they plan to spend more than half their holiday shopping budgets, compared to 47% …

Delivery-services provider DoorDash is bringing in-app gift card shopping to its app. Launching Friday, the new service relies on gift card specialist InComm Payments. Announced Monday, the service creates a digital gift card mall in the app, Incomm says. Consumers will be able to order physical gift cards from participating …

Some 79% of airline passengers globally use debit and credit cards for all or most airline travel, but digital wallets and instant payments are gaining ground, according to “Online Airline Booking Insights 2024,” a report from ResearchAndMarkets.com. Some 72% of passengers book most of their trips online. Nearly two-thirds of U.S. …

While 78% of consumers say they are willing to pay more to shop at small merchants to help those businesses flourish, most plan to shop at large retailers as the holiday shopping season kicks off, a survey from payments processor NMI says. When the holiday shopping season officially kicks off …

Consumers irked by the difficulty of unenrolling from some subscription services will gain relief May 14, when merchants must be compliant with the Federal Trade Commission’s revised Negative Option Role, otherwise known as click to cancel. Merchants, however, have a lot of work between now and then. The rule, which …

Empower Your Business with Seamless Transactions In today’s digital ecosystem, software companies have a wide range of options to create unique payment experience for consumers. Recently, payment facilitation has been an increasingly popular choice for business owners when it comes to accepting payments. Instead of each business needing to establish …