The pandemic has lent momentum to a number of trends in digital payments, but one of the biggest is the buy now, pay later option. The installment plan isn’t new, but providers have offered it as a way of giving merchants another payment channel as Covid-wary consumers crowded online. With …

Fingerprint Cards AB early Wednesday said it has agreed to provide iris-recognition technology to Mantra Softech India Pvt Ltd., said to be the largest provider in India of biometric devices and sensors. Terms of the multi-year contract were not disclosed. Under the terms of the deal, Mantra will deploy the …

The move toward cashless sports stadiums continues to accelerate. UBS Arena, home of the National Hockey League’s New York Islanders, has contracted with Fiserv Inc. to install Clover point-of-sale hardware and Bypass point-of-sale software to enable digital and contactless payment options throughout the venue.  UBS Arena will deploy more than …

The Covid-19 pandemic has proven to be a huge boon for e-commerce, but it has come at a cost for merchants in the form of higher chargebacks. The higher level of chargebacks is not just consumers returning items for legitimate reasons, it’s also being fueled by consumers perpetrating friendly fraud.  …

Despite consumers’ intentions to spend more on gifts this holiday season than in 2020, concerns about ongoing shipping delays and low product inventories are making gift cards a more attractive gift option.  Indeed, 33% of consumers say they would purchase a gift card if they were unable to get a …

The pandemic has lent momentum to a number of trends in digital payments, but one of the biggest is the buy now, pay later option. It shouldn’t be surprising, then, that providers of the service are now looking to sell the service to merchants of all sizes through the acquiring …

As merchants continue to evolve their business model during the Covid-19 pandemic, they are discovering that consumers want convenience and multiple options when it comes to paying for purchases. While credit cards remain consumers’ preferred method of payment, contactless options are a close second, according to Square Inc.’s second annual “The …

With interest in cryptocurrency increasing at the two major card networks, it was only a matter of time before one of them launched a consulting service specializing in the subject. Visa Inc. early Wednesday announced it is launching its Global Crypto Advisory Practice as part of its existing Visa Consulting …

Consumers have relied more heavily on payments apps and other fintech technologies since the onset of the pandemic, but few are aware of how much control these apps have over consumer data, according to a survey released Wednesday by The Clearing House Payments Co. LLC. In fact, consumer confidence in …

The hype around Apple Pay, Samsung Pay, and Google Pay has quieted considerably. But that doesn’t mean the three big wallets are sitting still. When the so-called Pay wallets—Apple Pay, Samsung Pay, and Google Pay—launched in 2014, 2015 and 2018, respectively, they did so to great fanfare. At the time, …