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

The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
January 31, 2022  |  BNPL

When general-purpose credit cards were introduced in the late 50s and early 60s, they were advertised as a way for consumers to buy something they...

READ MORE >
Merchants See Financially Worry-Free Consumers As Growth Area for BNPL
Merchants See Financially Worry-Free Consumers As Growth Area for BNPL
January 31, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) continues to grow, the industry is getting a clearer glimpse into the spectrum of users who...

READ MORE >
UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
January 31, 2022  |  Digital Payments

Car dealership JCT600 is the first retailer on record to make use of Lloyds’ PayFrom Bank account-to-account payment process, which displaces plastic cards for online...

READ MORE >
UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
January 27, 2022  |  Regulation

The U.K. Payment Systems Regulator (PSR) published a public consultation on January 26 in which it considers applying four potential remedies in the card-acquiring market. ...

READ MORE >
Apple Makes New Moves to Turn iPhones into Payment Terminals
Apple Makes New Moves to Turn iPhones into Payment Terminals
January 27, 2022  |  Apple

Small businesses will soon be able to take payments on iPhones without additional hardware, a feature Apple started developing in 2020 with its $100 million...

READ MORE >
Klarna Intros Physical Card in UK
Klarna Intros Physical Card in UK
January 26, 2022  |  BNPL

Buy now pay later (BNPL) banking platform Klarna is introducing a physical Visa card in the U.K. that already has a waitlist of 400,000, according...

READ MORE >
The Three Most Important Questions for the Fed on Its CBDC Plans
The Three Most Important Questions for the Fed on Its CBDC Plans
January 24, 2022  |  CBDC

The Fed released its long-awaited paper on Central Bank Digital Currencies last week. After reading it, I don’t get the feeling that even the authors...

READ MORE >
BitPay Sees Consumer Crypto Payments Growing Beyond Bitcoin
BitPay Sees Consumer Crypto Payments Growing Beyond Bitcoin
January 17, 2022  |  Cryptocurrency

As merchants and consumers become more familiar with cryptocurrencies and the number of ways to use them commercially expands, bitcoin is losing its dominance as...

READ MORE >
OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
January 13, 2022  |  Cryptocurrency

There are a number of ways to read between the lines of the speech about stablecoins Acting Comptroller of the Currency Michael Hsu made at...

READ MORE >