At the end of last year, I predicted that we would not see many debit issuers issue contactless debit cards in 2019. There still aren’t THAT many financial institutions who have taken steps to go down that path, but they are the big ones. This week Bloomberg announced that Wells Fargo will be issuing contactless…
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Mobile payment volumes to hit 20% of retail volume Mercator expects mobile payment volumes to hit 25 percent of total card throughput and 20 percent of total retail sales, or $900 billion, by 2020. That includes card on file transactions, such as those made within an Amazon account or to pay a utility bill; mobile…
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Subscribe to our podcast: The following is a transcript of the podcast episode hosted by Ryan McEndarfer, Editor-in-chief at PaymentsJournal.com Dr. Kathy, what are you seeing in regard to overall debit usage among credit union members? And why should credit unions be focused on improving debit card issuance and usage? Kathy Snider, Senior Vice President…
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