Ally partners with Mastercard's Vyze to enter retail point-of-sale lending

The bank will offer installment loans on retail purchases between $500 and $40,000 with interest rates ranging from 9.99% to 26.99%. Monthly fixed-rate installment loans will range from six to 60 months, the company said.

By Dan Ennis • Aug. 26, 2020

Facebook unveils payments umbrella

Facebook Financial, the social network's latest effort to lend brand consistency among its payment and commerce plans, will be overseen by Libra co-creator David Marcus.

By Dan Ennis • Aug. 11, 2020

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

CVS to offer Venmo, PayPal QR codes in stores

Other platforms, like WhatsApp and Amazon, have introduced QR codes for merchants, too.

By Tatiana Walk-Morris • Aug. 3, 2020

Remote work exposes payment system inefficiencies

Although most organizations want to automate payments, only about 8% have fully done so.

By Robert Freedman • July 22, 2020

Will COVID-19 push contactless payments into the mainstream?

Multiple barriers have curtailed retailers' contactless payment integration. But a pandemic may be the catalyst to widespread adoption. 

By Tatiana Walk-Morris • June 9, 2020

Consumers aren't adopting mobile wallets, even during the pandemic

A PYMNTS.com study conducted in March found that mobile wallets accounted for a small portion of eligible transactions, despite the coronavirus outbreak.

By Tatiana Walk-Morris • April 7, 2020

Banks mostly fear payments and money transfer fintechs, survey finds

Less of a concern among banks is competition from online investment and crowdfunding upstarts. 

By Robert Freedman • March 3, 2020

Abercrombie & Fitch, Hollister launch Instagram Checkout

The in-app checkout feature adds to the retailer's growing slate of diverse payment methods.

By Lisa Rowan • Oct. 10, 2019

J.C. Penney pulls the plug on contactless payments

The move comes as other major retailers roll out Apple Pay to consumers and Amazon Pay positions itself as a potential competitor.

By Tatiana Walk-Morris • April 24, 2019

Square rolls out retailer-focused POS platform, toolbox

Square for Retail features a point-of-sale app with a search-based interface for faster checkout, as well as a smart customer directory, real-time inventory management tools and other features.

By Dan O'Shea • Feb. 8, 2017