Payment Methods

What is a payment method? Well there are many, debit, credit, ACH, blockchain, and cross border. There are also many other way to transact through the wires. Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.

Source: en.wikipedia.org

Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile Wallets

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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Venmo No Longer Accepted on Amazon in January
Venmo No Longer Accepted on Amazon in January
December 07, 2023  |  Amazon Payments

Amazon is set to stop taking payments via PayPal-owned Venmo in the coming weeks. “Due to recent changes, Venmo can no longer be added as a payment method,” Venmo said...

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Citi Invests in and Expands Use of FinTech Firm Icon Solutions
Citi Invests in and Expands Use of FinTech Firm Icon Solutions
December 06, 2023  |  Investments

Citi has invested in payments technology company Icon Solutions as it modernizes its payments platform. The investment, made via Citi Treasury and Trade Solutions, comes as Citi also plans...

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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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Generative AI’s ‘New Electricity’ Sparks Innovation Across Payment Workflows
Generative AI’s ‘New Electricity’ Sparks Innovation Across Payment Workflows
December 04, 2023  |  Connected Economy

Anyone operating in the payments space already knows about artificial intelligence (AI). After all, the technology, along with its first cousin, machine learning (ML), together...

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Pluto Partners With Mastercard on Payment Options in GCC Region 
Pluto Partners With Mastercard on Payment Options in GCC Region 
November 30, 2023  |  B2B Payments

Pluto, a provider of financial corporate spend management solutions in the United Arab Emirates (UAE), has partnered with Mastercard to provide B2B payment solutions in the Gulf...

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BNPL May Boost Subscription Loyalty, Help Merchants Avoid Discounts 
BNPL May Boost Subscription Loyalty, Help Merchants Avoid Discounts 
November 29, 2023  |  Subscription Commerce

For retailers, the benefits of subscription models lie in building brand loyalty, as recurring purchases can lead to predictable top-line growth. To that end, and...

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Latin American FinTech Clara Launches Payment Account in Brazil 
Latin American FinTech Clara Launches Payment Account in Brazil 
November 28, 2023  |  Latin America

Clara, a Latin American FinTech company, has launched a payment account in Brazil.  The new payment account offering complements Clara’s existing range of products, which...

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Worldline Gets FCA Greenlight to Expand in UK
Worldline Gets FCA Greenlight to Expand in UK
November 28, 2023  |  Payment Methods

Payments services firm Worldline has gotten approval to expand its presence in Great Britain. The company announced Tuesday (Nov. 28) that it had gotten a payment institution authorization...

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