As E-Commerce Surges, Major U.S. Payments Networks Announce Plans to Expand Click to Pay Globally

By:  Dan Balaban NFC Times Exclusive Insight – As e-commerce continues to grow in importance as Covid-19 lockdowns ease, four major U.S. payments networks announced today they are laying the groundwork to expand their uniform e-commerce checkout platform internationally. Related stories, automatically selected:  With E-Commerce Skyrocketing, Tokenized Transactions Expected to Soar, as Well In-Depth: Tokenization Figures…

Card networks begin global Click to Pay rollout

American Express, Discover, Mastercard and Visa have announced that “they are each beginning technical preparations for global expansion” of Click to Pay, the single buy button solution for online merchants based on the EMVCo Secure Remote Commerce (SRC) standard. Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Saudi Arabia, Singapore, United…

Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

By:  Dan Balaban NFC TIMES Exclusive Insight – The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition. Related…