Traditionally, paying by cash meant leaving a discretionary tip on a table or a few coins in a jar by the till. The rise of cashless has brought with it a far more aggressive approach to gratuity.
US card and payments giant MasterCard has expanded its R&D presence in India by opening a new technology centre in Pune.
McDonalds is taking its catchphrase “I’m lovin’ it” to a whole new level this month, by allowing customers in US stores to forego payment in return for expressions of love.
The UK’s goal to become the technology capital of the world edged closer to reality this week, as London was named home to 24 of the startups on this year’s FinTech50 list.
Internet-based payment platforms still rely too heavily on card payments that limit their reach to Western Europe and North America, according to Patrick Collison, CEO of Stripe.
“2014 was arguably the most eventful year in Visa Europe’s history,” says CEO Nicholas Huss. “Has there ever been a more interesting time to work in the world of payments?”
The credit card startup Final has secured $1m in seed funding from angel investors to further its anti-fraud model.
The Federal Reserve has embraced the potential of digital currencies in a new white paper outlining plans to improve the US payments landscape.
Cash is very much still king in the world’s second most populous state, with just 2% of people using alternative payment methods. This year, that trend will change.
Cyber fraud is on the rise, and public concern over the safety of their data is one of the biggest factors holding back the tide of digital payments. One team of researchers may have a solution.
PAY.ON, an ACI Worldwide company, delivers white label global payment gateway solutions to payment service providers, ISOs, acquirers, ISVs, and VARs, enabling them to fully outsource payment transaction processing or integrate a gateway-to-gateway solution.
Michael Kaplan, CRO and General Manager at PayNearMe
