In an effort to better monitor farmer subsidies and track data related to how those subsidies are used, the Nigerian government will work with Cellulant Nigeria to distribute POS terminals to its nation’s farmers.
Despite efforts to influence consumers to use electronic forms of payment, such as debit and credit cards, cash remains the top payment instrument consumers use to pay, especially for small-value transactions, according to a recent Fed report. Mobile-based payments, however, barely scratch the surface.
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...
Mobile wallets are convenient, but apparently not that convenient, consumers say. While more and more of them are choosing among a growing selection of mobile wallet apps, a recent TSYS study indicates that consumers are still hesitant to completely chuck their physical cards and physical...
Small and microbusinesses are vulnerable – especially when it comes to getting credit. And in the absence of traditional forms of credit, many turn to credit cards for working capital. But 46 percent of SMBs say they don’t or can’t. MasterCard and Corporation for Enterprise...
How did Alibaba go from its humble roots as an idea cooked up in Jack Ma's apartment in 1999 to potentially the most humongous IPO in history in just 15 years? Very strategically, as it turns out. And, we’ve made it as easy as a...
Mailboxes once were full of junk mail, but much of that went away when the Direct Marketing Association let consumers opt out of unsolicited commercial mailers. Banks and credit card issuers, however, have been required for the past decade to mail their customers annual privacy...
Heartland Payment Systems and VersaPay Corporation are offering a new payment portal service directly to small and mid-sized companies for invoicing customers. Small and mid-sized companies won’t have to go through their banks to offer invoicing services to their clients. Payments processor Heartland Payment Systems...
Berkshire Hathaway Specialty Insurance will implement the Accenture Duck Creek Suite through a Software as a Service (SaaS) model to support insurer’s policy, claims and billing functions. The integrated system will be hosted by the Accenture Cloud Platform and will enable BHSI to consolidate and streamline business processes on...
