South State Correspondent

MARCH 3, 2025

Treasury bills in comparison, were approximately 11.5% Automated teller machines started to take hold, and the Electronic Funds Act of 1978 phased in a set of protocols that made ACH, point-of-sale systems, ATMs, electronic withdrawals, and debit card transactions more feasible. In 1980, the ceiling rate on savings deposits was 5.50%.

FDIC 195

FDIC Trends Management ATM 195

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Cards 151

Cards Security ATM Data 151

PYMNTS

MAY 13, 2019

Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the global average somewhat, with one-third of all in-person transactions happening via contactless card.

US 216

US New York City Comparison New York 216

PYMNTS

JULY 15, 2019

Card delinquencies have remained steady at Bank of America , which reported June credit card delinquencies of 1.56 Net charge-off rate, by comparison, dropped slightly: In June, it registered at 2.71 According to news earlier in the month, large credit card issuers in the United States reported lower delinquencies in May.

Cards 122

Cards America United States Comparison 122

PYMNTS

SEPTEMBER 4, 2020

It confirms that legions of consumers have shifted to online and mobile banking since the pandemic's arrival, and across demographic boundaries, people like it. percent of online banking customers using digital channels more. “Our percent of online banking customers using digital channels more. account holders. A Lasting Shift.

Digital Banking 234

Digital Banking Fraud Mobile Online 234

PYMNTS

OCTOBER 16, 2018

Consumers can pay with a credit or debit card, PayPal, Venmo or Apple Pay, so they can make a purchase without opening their wallets while on the bus or walking, Sacks said. At the same time, the app differs from other online retailers in that it doesn’t have unlimited space to list products.

Branding 169

Branding Online Las Vegas Los Angeles 169

Perficient

MARCH 23, 2021

users spend more time on sports, books and literature, and in online communities. A similar comparison with a focus on mobile devices also reveals some differences: Americans still spend more time on food- and drink-related topics, but real estate is also a leading category. Similar insights appear when we look at the U.S.

Mobile 421

Mobile Study Community Industry 421

Perficient

NOVEMBER 19, 2020

If it’s more than 10 minutes for an online/website process or more than five minutes for a mobile process, the abandonment rate impacts account openings as much as 40%. How many clicks does it take to open an online account? Abandonment rates increase significantly when the time to complete an application exceeds five minutes.

social media 309

social media Customer Experience Mobile Knowledge Base 309

PYMNTS

DECEMBER 6, 2019

The number of consumer payments rose approximately 5 percent by two payments in comparison to October 2017 at 41 payments per consumer per month. made over half of their payments with cards (debit, credit and prepaid) at 54 percent or 23 payments. And consumers in the U.S. Of the average 43 payments per month reported by U.S.

Study 101

Study Report Cards San Francisco 101

PYMNTS

AUGUST 5, 2020

By comparison, Square made $306 million in bitcoin revenue for Q1. In something of a counter trend, the company’s physical Cash Card spend was up during the first half of 2020, despite the impact of the pandemic. Cash App launched bitcoin deposits in June 2019.

cryptocurrency 229

cryptocurrency Bitcoin Comparison Retail 229

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. So, use your credit card to buy cryptocurrency that you give a scammer and you might be stuck.

Bitcoin 233

Bitcoin cryptocurrency Fraud Cards 233

PYMNTS

NOVEMBER 5, 2018

We have seen double-digit growth of online sales for particular merchants on availing local relevant payment methods.”. Even though online payments in Africa last year were estimated at $48 billion, a whopping 98 percent of them were made in cash. By comparison, credit card penetration stood at only 1.5

Mobile 174

Mobile Regional Comparison Google 174

PYMNTS

JANUARY 1, 2020

By way of comparison, fees at Visa and Mastercard are roughly 2 percent to 3 percent, the article indicated. The country’s $40 billion online economy is forecasted to grow three times as big by 2025, according to a report by Google, Temasek and Bain & Co. There are plans to issue five million PayLater cards by 2025.

Payments 131

Payments Comparison Online Google 131

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. And that figure marks an increase from the almost two-thirds – or 66.4

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. Contactless. Nearly one in 10 consumers (9.6

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

OCTOBER 9, 2020

Among the issues plaguing bitcoin and its peers is the fact that unlike credit card transactions, cryptocurrency payments are almost immediately irreversible. That’s a trait that makes them appealing to scammers who are eager to avoid credit card chargebacks. Lagging Consumer Use Cases.

cryptocurrency 205

cryptocurrency Bitcoin US Security 205

PYMNTS

APRIL 21, 2020

Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 Even grocery spending growth slowed to 25 percent on credit cards and 10 percent for debit cards, which gives a nod to the fact that consumers are likely “fully stocked up.” In other cases, said Fagan, CUs have increased credit lines.

Cards 168

Cards Comparison Payments Mobile 168

PYMNTS

FEBRUARY 21, 2020

Vendors looking to appeal to these corporate buyers’ shopping preferences and expectations must therefore ready online sales channels like merchant websites and B2B marketplaces. Businesses unable to safeguard their online shopping channels risk losing money to criminals and souring legitimate client relationships.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

MAY 13, 2019

The Zelle network is used by an upwards of 5,391 financial institutions (FIs), either through a mobile banking app or by registering a debit card with Zelle’s app. A possible limit to Zelle’s service — at least, for the time being — is its status as a payment method that relies on bank rails, not card rails. P2P Marketing.

Payments 198

Payments Apple Cards Course 198

PYMNTS

APRIL 4, 2018

Through platforms such as Slice , small pizzerias can tap into technology that allows their customers to order pizza online for pickup or delivery — just like the larger national chains. By comparison, Sela said 60 percent of the big pizza chains’ business is digital, leaving room for small pizzerias to grow their digital order base.

San Francisco 128

San Francisco Comparison social media Online 128

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Walmart+ launched on Sept.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

JUNE 29, 2020

As things now stand, Wirecard is shaping up to be one of the biggest financial frauds in years, drawing at least some comparisons to Enron from decades past. Wirecard, focused on online payments, in recent years created Boon, a mobile app payment system tied to Europe, and offered WeChat Pay to European merchants as recently as this year.

New York 178

New York Comparison Fraud Cards 178

PYMNTS

SEPTEMBER 27, 2018

Each product is accompanied by a customer review card with quotes from real reviews. Customers can even comparison shop: Digital price tags alongside every product show the Prime price and list price. For Prime members, Amazon will charge the same price for items in the store as it does online.

New York City 167

New York City New York Metro Comparison 167

PYMNTS

DECEMBER 1, 2020

Three out of every four consumers who shopped for their holiday purchases on Black Friday this year made at least one of those purchases online, and three in 10 exclusively shopped online, according to exclusive PYMNTS Black Friday data. That includes features such as the option to purchase online and pick up curbside (34.2

Online 163

Online Data Comparison Mobile 163

PYMNTS

OCTOBER 2, 2020

It was the wild card category for back-to-school, and it will be the wild card category for the holidays. The MacBook Air, by comparison, sells for $999 on Amazon as well as in the Apple Store. By comparison, Amazon’s Prime subscription counts about 112 million people, according to several published reports.

Comparison 142

Comparison Analysis Apple Seattle 142

PYMNTS

JULY 2, 2019

The golden age of product reviews and price comparisons. However, as more age-restricted products move online, robust and seamless digital age verification takes on more importance, a trend that promises to grow in the coming few years. What about the golden age of age verification? In the U.S.,

Retail 163

Retail Online Software Comparison 163

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. billion – of funds were lost to card fraud in 2018, up from $1.4

Apple 159

Apple Mobile Fraud Branding 159

CFPB Monitor

MARCH 10, 2017

The CFPB has issued another request for information about the credit card market that identifies significant new issues of CFPB interest. The request is intended to inform the CFPB’s biennial review of the credit card market mandated by the CARD Act. Third-party comparison sites. Secured credit cards. Culhane, Jr.

Cards 68

Cards Comparison Trends Marketing 68

PYMNTS

AUGUST 12, 2020

There are two wild cards. The NRF is also basing some of its projections on higher ticket prices from shopping online and a lack of comparison shopping for bargains. “It’s going to be a difficult back-to-school season,” Saunders said. It’s retailers’ first big test. I don’t think the outcome is going to be good at all.”.

Comparison 145

Comparison Retail Survey Washington 145

Abrigo

OCTOBER 22, 2019

In recent years, cybercriminals implanted malicious skimming code directly on e-commerce shops and online content management and payment platforms as a way of stealing payment card data at scale. Their goal is to compromise the merchant’s payments processing account and steal all of the payment card data processed by the merchant.

Fraud 150

Fraud Cards Data Payments 150

PYMNTS

NOVEMBER 1, 2018

For smaller nonprofits such as those served by Stewardship, technology investment may be relatively lacking in comparison to retail, restaurants and other verticals where resources are less constrained.

Ohio 141

Ohio Software Resources Comparison 141

PYMNTS

OCTOBER 9, 2018

Campers can make a reservation instantly and pay by credit card through Stripe ; however, the camper and host can chat, and if it isn’t a good match, they can cancel the reservation. By comparison to other camping websites, Pitched has carved out a niche by serving the Ontario camping market.

Comparison 163

Comparison Marketing Policies Online 163

PYMNTS

AUGUST 1, 2018

Perhaps the most controversial claim, designed to get a rise out of the mobile payments community, was Cook’s comparison of Apple Pay to PayPal in terms of number of transactions. As a data point, that might be correct, but in context, it misses the bigger picture of what comparisons are most relevant.

Apple 100

Apple Comparison Mobile Retail 100

CFPB Monitor

NOVEMBER 21, 2016

The final Prepaid Card Rule requires not only so-called “packaging” or short form disclosures prior to acquisition of the prepaid card account, but also that a long form disclosure be provided to the consumer. Tristram Q.

Cards 60

Cards FDIC Comparison Retail 60

BankBazaar

JULY 17, 2019

Whenever you want to buy an insurance plan, the first thing that comes to your mind is whether you should contact an insurance agent or buy it online, huh? This online facility not only helps customers compare and choose the best insurance product that suits their needs but also lets them buy the same at a lower premium.

Policies 60

Policies Online Comparison Company 60