Payment Methods

Payment Methods
Cashfree Payments Upgrades Its Token Vault
June 30, 2022

Token Vault, the tokenization solution from Indian payment company Cashfree Payments, now offers interoperability in card tokenization, according to a company press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Fed Prioritizes FedNow, Delays Fedwire Funds Service Changes
June 29, 2022

The Federal Reserve Board announced on Monday (June 27), the final timeline and other implementation details for the adoption of a new Fedwire Funds Service message format. The Fed has decided to delay the implementation of these changes until March 10, 2025, from the original...

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PYMNTS AM Radar: Unlicensed to Bank; Modernizing Payments; Fighting Fraud; Blockchain Payment Perks ; ICYMI
June 29, 2022

Today is Wednesday (June 29) and it’s the 15th anniversary of the iPhone, which changed the trajectory of mobile phones. Turkey said it won’t stand in the way of Sweden and Finland joining the NATO alliance, and Ukraine President Volodymyr Zelensky is expected to address...

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PYMNTS AM Radar: Virtual Benefits; Multiple Gateways; API Expansion; Payments Advance Telemed; ICYMI
June 28, 2022

Today is Tuesday, June 28 and it’s Ukraine’s Constitution Day, first celebrated in 1996. Ukraine President Volodymyr Zelenskyy congratulated Ukrainians in a video address and said, “Victory is not far off! Victory is ours!” Get the Full Story Complete the form to unlock this article...

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Multiple Payment Providers Give Retailers Super Powers to Flex on Demand
June 28, 2022

A connected economy moves money by placing interoperability at the center, tapping technology that enables more transactions to clear quickly and securely in any market. But many firms continue using single gateways, and in 2022, that’s a problem. Get the Full Story Complete the form...

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15% of Consumers Use at Least Three or More Payments Methods
June 27, 2022

When consumers are willing to employ multiple payment methods, PYMNTS describes that as exhibiting high payment diversification (HPD). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

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Millennial Minute: Younger Buyers Lead Surge in Diverse Ways to Pay
June 21, 2022

Payments choice is the key to unlocking more transactions for more merchants and brands both online and in-store, and choice means trying new digital experiences — the forté of adventurous millennials, a group with the highest payments diversification of all. Get the Full Story Complete...

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The Data Point: At 25%, Millennials Show Highest Payments Diversification of Any Group
June 21, 2022

Payments choice is a proving a key driver of digital commerce, as consumers form bonds of familiarity, loyalty and rewards from favoring different payment types for various transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Debit Holds Edge Over Credit as Economy Sours
June 21, 2022

In times of turmoil, when the economy wreaks havoc with household budgets, visibility into cash flow becomes king. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...