If fraud prevention remains tied to single regions, online payment losses will continue to mount. The global financial ecosystem has become incredibly interconnected with the growth of e-commerce, where global sales approached the $6-trillion mark in 2023. Fueled by new payment methods and categories like mobile and social commerce, online …

Payments play a bigger role than many might imagine in how hotels interact with guests—and can affect a wide array of hospitality revenue streams, says a report released late Thursday from the processor Adyen NV. Some 37% of respondents say they have abandoned the booking process because they weren’t able …

Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …

TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …

Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …

While merchants, like consumers, love credit and debit cards, they don’t like having to pay to accept them. It’s human nature to want to pay less for products and services, no matter how good they are. To reduce payment-acceptance fees, merchants have brought a battery of antitrust lawsuits against Mastercard …

When Bruce Lowthers took over a struggling Paysafe Ltd. two years ago, he immediately plunged into what he noted then was a wide-ranging reclamation project. On Tuesday, he called out some progress but also offered a blunt update on his transformation efforts. “We have the right strategy and our execution …

Consumers are using their debit cards more frequently than ever and generating higher tickets in the process, according to a report based on data from the Pulse electronic funds transfer network. Active debit card holders now use their cards 34.6 times per month on average, up more than 4% year …

Financial technology provider Kasheesh Inc. on Thursday launched a virtual card that allows consumers to split payments for online purchases across up to five existing credit, debit, and prepaid cards. The card is intended to provide an alternative to buy now, pay later loans.  The Mastercard-branded card can be loaded …

What can a global payments report tell you about the needs of businesses and their customers in 2024? Quite a lot, actually. While used by multinational corporations to predict payment trends in major markets the world over, the Worldpay Global Payments Report, now in its nineth year, can also shed …