New technologies like pay-by-link and click-to-pay will get a workout this year. With 2020 unlike any other year in our history, it is certainly challenging to predict what the future may hold. One thing is clear, though. There has been an extreme shift in consumer behavior, and that shift is …
Read More »Search Results for: covid
How Far Will Pay By Palm Go?
Amazon’s latest technology has the contactless trend on its side, but experts question its mainstream usefulness. Amazon.com Inc.’s culture is rooted in three primary principles: Don’t be afraid to take risks; find new ways to engage with customers; and imagine what consumers want before they do. Those principles have helped …
Read More »Prime Time for Real Time
New national systems, the card networks, and blockchain operations are all piling into real-time payments. What’s going on, and why? If the travails of 2020 had any advantages, they lay in how the struggle with the pandemic offered opportunities to demonstrate the vital utility of technologies like contactless payments and …
Read More »Payments 3.0: A New Sheriff in Town
With all the changes coming to Washington D.C., the payments industry’s focus will largely be on one appointment: the new director of the Consumer Financial Protection Bureau. The current director, Kathy Kraninger, was appointed by President Donald Trump and confirmed by the Senate in December 2018 to serve a five-year …
Read More »PayPal Lines up Early to Help Stimulus Recipients Turn Their Checks Into Ready Cash
With a second round of federal stimulus payments having passed Congress, payments firms are lining up to help recipients speed the funds’ availability. PayPal Holdings Inc., for example, said late Tuesday it will waive the fees for stimulus recipients that it normally charges consumers to cash checks using its app. …
Read More »Texas Grocer H-E-B Offers SNAP Acceptance for Curbside Pickup And Home Delivery
The confluence of digital payments and economic hardship during the Covid-19 pandemic has led another major supermarket chain to offer SNAP EBT acceptance through its mobile app and on its Web site for curbside pickup and home-delivery orders. H-E-B, with 329 stores in Texas and another 55 in Mexico, said …
Read More »Debit Use Gains As Consumers Tread Through Uncertainty
A new report finds that debit card use is gaining favor among consumers compared to credit cards immediately following the national election in November. That’s according to The Future of Money Report 2020 from Logica Research. “This unprecedented year has uncovered contrasts between challenges and opportunities in the world as …
Read More »Instacart Heralds Fast Expansion of Its Service With Aldi for SNAP EBT Grocery Orders
An integration between online delivery service Instacart and grocery chain Aldi that lets customers use government benefits to order grocery deliveries has seen fast expansion since the program launched in October. Almost 1,000 Aldi stores in 23 states plus the District of Columbia have been added to the program in recent …
Read More »BitPay And Slide Mobile Look to Rewards to Spur Everyday Cryptocurrency Spending
Startup Slide Mobile is betting that consumer’s love of rewards, coupled with the growing momentum behind cryptocurrency as a contactless payment option during the Covid-19 pandemic, will entice more consumers to use its mobile-payments app. Slide announced this week it is partnering with BitPay Inc., an Atlanta-based processor that offers …
Read More »Hale & Hearty Picks Appetize and other Digital Transactions News briefs from 12/17/20
The Hale & Hearty Soups fast-casual chain of 20 locations in Boston and the New York City area has chosen Appetize Technologies Inc. to upgrade its point-of-sale operations. The deployment is expected to conclude next month.With consumers worldwide reluctant to travel by air because of fears of catching Covid-19, some 78% of …
Read More »