Contactless Payment news and trends

The Corporate Card Goes Contactless
B2B Payments // August 05, 2020

As B2B FinTechs explore the value of the commercial card, they’re integrating card payment capabilities across more scenarios, from vendor payments to employee expense management. This week’s roundup of Commercial Card Innovation also finds growing interest in digitizing and mobilizing the corporate card, either through...

Venmo Pilots Business Payments For Micro SMBs
Payment Methods // July 02, 2020

Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. The payments company said the idea was to add features for those like “sole proprietors, casual sellers, and users with a side hustle” to...

Less Contact Is More In Order-To-Eat Space
Restaurant innovation // May 21, 2020

Fear is a motivator, and if there’s one thing people are afraid to touch in a post-pandemic world, it’s whatever other people have touched. Like point-of-sale (POS) keypads. That’s how human nature is now accelerating true contactless payments that the industry has longed promised. In...

PayPal Debuts QR Codes To Help SMBs Go Contactless
Payment Methods // May 19, 2020

Although the country is starting to reopen following mandatory shutdowns amid the coronavirus pandemic, social distancing is still a must for face-to-face interactions. To help people maintain distance while venturing out for in-person transactions, PayPal has introduced contactless QR codes for payments. “We know that...

Quick Reads
Venmo Pilots Business Payments For Micro SMBs

July 02, 2020
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. The payments company said the idea was to add features for those like “sole proprietors, casual sellers, and users with a side hustle” to have an additional boost to their businesses during the pandemic […]

PayPal Debuts QR Codes To Help SMBs Go Contactless

May 19, 2020
Although the country is starting to reopen following mandatory shutdowns amid the coronavirus pandemic, social distancing is still a must for face-to-face interactions. To help people maintain distance while venturing...

Ireland‘s AIB Drops Plan To Charge For Contactless Payments

March 18, 2020
The coronavirus outbreak, now spreading worldwide, has caused Ireland’s AIB to reconsider charging people for contactless payments. Contactless payments, after all, could help prevent the virus from spreading further, if...

Visa CEO: FY 3Q, Acquisitions Continue Drive To Be ‘Network Of Networks’

July 24, 2019
Visa posted fiscal third quarter results that showed a rebound in cross border transactions, and continued gains in payments volumes overall. Management also said on the post earnings conference call...