When it comes to making a purchase, who doesn’t use a credit or debit card? Most of the world, that’s who. While paying with a credit card is standard in the United States and much of the Western world, that’s definitely not the global norm. It’s estimated that less than …

The pandemic is wreaking havoc on multiple fronts in the payments business. But if we let market forces work their usual magic, look for a recovery next year. The Covid-19 pandemic is roiling the payments industry. State shutdowns have taken a whopping 29% of the U.S. economy offline. Moody’s reports …

What will the payments business look like when, God willing, the coronavirus vaccine becomes available and the plague lifts? That’s one of the questions we’ve been batting around here at Digital Transactions, so in this issue we decided to take a shot at answering it. The results can be found …

Ross Paup is Senior Manager, Strategic Partnerships Angela Carranza is Manager, Strategic Partnerships “Relationship” has become a dirty word in the industry. It’s overused and empty. What’s so different about the First American approach? Angela: We take the time to know our prospects from both a business and personal level. …

Mastercard Inc. managed to remain profitable in the first quarter as the Covid-19 pandemic began to sweep the world, and its volume and transaction data for April indicate a possible bottoming out of the steep decline in consumer and business spending. U.S. dollar volume switched over Mastercard’s network in the …

Payments fraud was already rising, and now experts predict increased online usage brought on by stay-at-home orders will only exacerbate the trend. While losses haven’t shown up yet, e-commerce activity taking place now is sowing the seeds of a dramatic jump in coming months. “Fraud is always a trailing activity,” …

Business today is complicated as consumer needs and expectations shift. Whether it is about speed or the customer experience, more is expected, at an unprecedented pace. Merchants looking to manage consumer expectations in the payments arena often need help from a payments expert (sales partner) that is in tune with …

The proxy fight between vending machine payments provider USA Technologies Inc.’s board of directors and top management on one side and the company’s largest shareholder, Hudson Executive Capital, on the other ended Monday with Hudson Executive the victor. Malvern, Pa.-based USAT announced an agreement with the New York City-based investment …

The payment-facilitator model isn’t likely to slow down any time soon. A new report predicts payment volume made via payment facilitators will top $4 trillion annually by 2025. Payment facilitators enable merchants to process payments under the banner of an organization that manages the payment connections and liability without requiring …

A trend toward a near-total collapse in travel-and-entertainment spending helped drive down overall first-quarter card volume and discount revenue for American Express Co., the company reported Friday. “March was a very difficult month,” Stephen Squeri, AmEx’s chairman and chief executive, told stock analysts during a morning conference call. As with …