Cash-oriented consumers are getting another option to shop online with the debut of Paysafe Group’s Paysafecash. And Apple Inc. recently tested an order-ahead feature for Apple Pay, according to a news report. London-based Paysafe , which Monday closed it deal to buy U.S. merchant acquirer iPayment, says Paysafecash is already live …
Read More »Search Results for: digital wallets
The Shared Checkout’s Slow Check-in
Sky-high abandonment rates, PayPal dominance, and a new online standard are pushing the major card networks toward a common buy button. But don’t look for that to emerge any time soon. When the major card networks in April started talking about what they called a common buy button for e-commerce, …
Read More »Payroll Firm ADP Adds Multiple Payment Options in its Wisely Pay Service
Payroll giant ADP LLC launched its Wisely Pay service Monday, which combines digital accounts and a Visa-branded chip card as ways to pay individuals and for them to access these funds. Wisely Pay is the first product resulting from Roseland, N.J.-based ADP’s October 2017 acquisition of Global Cash Card, a …
Read More »10th Annual Field Guide to Alternative Payments
We list 37 entries this year, of which only three appeared in our original Guide nine years ago. This year’s Field Guide represents our 10th annual effort to catalog the broad currents in electronic payments by listing some of the more salient players providing alternatives to the big network brands. …
Read More »Mastercard, Visa and AmEx Back EMVCo’s Secure Remote Commerce Spec
Mastercard Inc. says it is preparing for a better online payments experience by backing the EMVCo secure remote commerce specification. Visa Inc., too, says it supports the spec. The specification, announced in November, establishes the technical framework for enabling consumers to use their payment cards across channels more easily than …
Read More »Universal Cards 2.0
Will additional embedded features in the new universal cards move them ahead in the age of digital wallets? People may have to forget the failures of the earlier generation first. Getting consumers to carry more than one credit or debit card has been the goal of most issuers for the …
Read More »Canadians Embrace Contactless Payments, but Are Cautious About Other New Payment Forms
Canadians are now quite comfortable with contactless payments, but they view other new payment forms cautiously, according to new findings from Visa Inc.’s Canadian unit. Some 52% of 1,000 adults polled in February for Toronto-based Visa Canada said they are regular users of contactless cards. Also, 80% of respondents said …
Read More »New Mobile-Wallet Guide Aims To Learn From Past Successful-And Failed-Efforts
A new guide from the U.S. Payments Forum outlines the considerations for selecting a mobile-wallet program and draws upon lessons from past successful and unsuccessful mobile wallets launches. In its white paper, “Mobile and Digital Wallets: U.S. Landscape and Strategic Considerations for Merchants and Financial Institutions,” the Princeton Junction, N.J.-based …
Read More »Why We’re Offering Cryptocurrency Solutions to Merchants
Solutions are coming for slow speeds and high fees, says Eric Brown, who argues that even now the advantages for merchants are too good to pass up. Unless you spent last year living under a rock, you know that cryptocurrency is a sizzling-hot topic right now. Bitcoin’s price and daily …
Read More »Serving the Small Merchant
Seldom in the history of electronic payments has the spotlight shone quite so intensely on small merchants as it does now. Everybody, it seems, wants to sign up the so-called SMB—the small and medium-size business. When Total System Services Inc. (TSYS) put up just over $1 billion last month to …
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