Payment Options news and trends

Shifting Digital Payment Trends Prompt New Visa Credential System
VISA // September 26, 2024

For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the minimum balance, and rewards and loyalty programs have varied wildly. Debit cards provide access to funds on hand. We’ve seen...

77% of Shoppers Say ‘No Sale, Bye’ If Preferred Payment Option Missing
Payments Innovation // September 20, 2024

In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering diverse payment options while maintaining smooth operations. A PYMNTS Intelligence report, “The Orchestrated Platform: Why Payments Orchestration Is Not Just...

Gain Without the Pain: Nuvei Head of eComm on What’s Driving Payments Optimization
Payments Innovation // August 14, 2024

Payments represent the lifeblood of business success. And business success, like payments, is inherently complex. This inherent complexity, arising because today’s payments sit at the intersection of technology, finance, regulation, and end-user behavior, can impede businesses’ ability to maximize revenue. “The payments industry has moved...

Embedded Payments and Virtual Cards Shift B2B Payment Dynamics to Supplier
B2B Payments // July 26, 2024

The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks to the digital realm, enabling embedded payments to accelerate transactions and facilitate terms for buyers...

Interviews & Exclusives
70% of Shoppers Say Payment Options Influence Where They Shop Online

October 09, 2024
Retailers continue to grapple with shopping cart abandonment. A February report by PYMNTS Intelligence and Adobe reveals insights that could help online merchants boost conversion rates and enhance customer loyalty. The availability of preferred payment methods is a critical factor in consumers’ online shopping decisions. According to the report, 70% of consumers consider the availability […]

77% of Shoppers Say ‘No Sale, Bye’ If Preferred Payment Option Missing

September 20, 2024
In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering diverse payment options while maintaining...

Gain Without the Pain: Nuvei Head of eComm on What’s Driving Payments Optimization

August 14, 2024
Payments represent the lifeblood of business success. And business success, like payments, is inherently complex. This inherent complexity, arising because today’s payments sit at the intersection of technology, finance, regulation,...

Embedded Payments and Virtual Cards Shift B2B Payment Dynamics to Supplier

July 26, 2024
The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks...

Quick Reads
Sezzle Offers Rewards for On-Time BNPL Payments

May 01, 2024
Payments platform Sezzle wants to reward users to stay on top of their bills.  To that end, the company on Wednesday (May 1) announced the launch of Payment Streaks, a feature designed to let users of the company’s buy now, pay later (BNPL) offering rise through loyalty tiers by making consistent, on-time payments. “The Payment Streaks program […]

FashionGo Adds Net Terms Solution to B2B Marketplace

March 18, 2024
FashionGo has launched a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry. The new Dynamic Net Terms solution is tailored to meet the needs of wholesale...

Citi Teams With FreedomPay to Offer Payments Choice at Checkout

December 07, 2023
Payments platform FreedomPay has teamed with Citi to enable Citi Pay products at point-of-purchase. “This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience,” the companies...

PayPal Teams With eCommerce Platform commercetools to Improve Checkout

November 06, 2023
Composable commerce platform commercetools announced a collaboration with PayPal to offer a wider range of payment options for customers through the PayPal Braintree payment platform. This integration will allow commercetools’...