New research highlights Visa Europe's dominance over the contactless market in Europe, but with MasterCard not too far behind and growing countries adopting the tech, that dominance may very well change in the next five years.
In the first month, PaymentEye has explored several key payment trends. We have covered Big Data being a game changer in the world of mobile payments, contactless technology going from strength to strength, particularly in the world of transport, and cash having too many benefits to disappear. But what about the other, more left-field trends such as unattended payment solutions? This infographic breaks down Ingenico's predictions for 2016.
The shift to EMV is adding complexity and cost for card issuers and it’s only going to tackle part of the problem around payments fraud. That’s according to Render Dahiya, CEO of Arroweye Solutions at least. In an interview in the Finetics™ Studio by The Bancorp at Money 20/20 in Las Vegas he talks about the impact of EMV migration on issuers and why it’s just a “stop gap” measure on fighting fraud.
We see the potential of all of these technologies, we imagine them changing how we make payments and thus get excited. That excitement fills the space where patience and reason once resided. It makes us forget that whilst these technologies are new, they may not necessarily be the instant hit we want them to be with consumers.
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
