Fiserv Moves to Full Ownership of AIB Merchant Services
Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services (AIBMS) from AIB Group, aiming to strengthen its merchant services footprint across Ireland and Europe. The transaction, announced June 6, will give Fiserv full ownership of AIBMS,...
Why Cross-Border Consumers Insist on Local Payment Methods
Despite the widespread adoption of digital technologies, merchants are finding that cross-border payment complexities continue to pose hurdles to capturing international sales opportunities. It’s one of the key findings from “How Payments Optimization Can Power...
Tokenization in Europe Nears 50%
When a shopper whips out their credit card to buy something online, they can feel a lingering worry: Will my card number get stolen by hackers or otherwise misused? That’s why tokenization, a process that hides your 16-digit number from a merchant and instead...
Costco’s Gas Stations Are Making a Huge Change — Here’s What Customers Need To Know
Costco offers a variety of popular ancillary services for its members, including a gas station with competitive prices. Now, however, the warehouse club is looking to make these services even more enticing.According to Men’s Journal, Costco has extended its...
Affirm expands to Canada with Williams-Sonoma
Affirm has expanded its existing partnership with Williams-Sonoma, Inc. to include the Canadian market. The move follows several years of collaboration in the United States and allows Canadian shoppers to use Affirm’s pay-over-time services when purchasing...
The abandonment epidemic is real
The Abandonment Epidemic: 81% of Shoppers Turn Their Backs on Brands The symptoms are unmistakable: plummeting retention rates, spiking customer churn, and brand loyalty flatlining across the US. The recent survey What’s Killing Conversions for Enterprise...
ZA Bank to Enable ‘Visa Click to Pay’ in Asia-Pacific Markets
Hong Kong-based digital bank ZA Bank has become the first card-issuing bank to enable Visa Click to Pay in Hong Kong and will do the same in 11 more Asia-Pacific markets in the future. Click to Pay enables cardholders to complete online transactions in seconds,...
Mobile Phone Shoppers Are Mexican Merchants’ Best Friend
Over the past decade, annual growth in Mexico’s economy has zigzagged from 2.7% (in 2015) to minus 8.4% (2020) to 3.2% in 2023, IMF data shows. By contrast, Mexican consumers are on a straight upward trajectory when it comes to how they shop. Almost half of...
NETOPIA Payments launches Click to Pay solution
Romania-based online payments processor, Netopia Payments, has recently integrated Click to Pay with Passkey FIDO, a modern online checkout solution. Passkey FIDO (Fast Identity Online) represents an online checkout solution built on EMV global standards and is...
