CONNECT WITH US

Stablecoin Payments

BitPay CEO Says Stablecoin Payment Volumes Doubled in 2022

BitPay CEO Stephen Pair tells PYMNTS' Karen Webster that stablecoins now account for as much as 25% of the company's volume, up from about 13% in January.

Super Apps

Inter & Co. CEO: Staying Outside the ‘Comfort Zone’ Key to Super App’s Success

Earnings come and go, and stock prices gyrate. João Vitor Menin, CEO of Inter & Co., tells Karen Webster that the long-term view drives the super app’s rise in Brazil and “flips” the playbook to helping underserved migrants in the U.S. gain access to the financial system.

BNPL

Affirm’s Results Re-Affirm: BNPL Is Here to Stay, but Growth to Slow

Transaction counts are up at Affirm, and so is repeat usage. But at least for now, the heady GMV growth rates of 70%+ are likely to hit some macro turbulence into the end of the year, and the holiday shopping season.

Voice of the CFO

Process Plus Payments Digitization Delivers Greater Transparency for CFOs

Tangoe CFO Joel Jeselsohn tells PYMNTS the expense management company practices what it preaches when it comes automating its own payments, while also making sure the systems and processes needed to do that are in place — and running smoothly.

Digital Marketplaces

Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia

When DiMuto CEO Gary Loh got into the apple business, he found an industry stuck in the past — a prime candidate for a digital marketplace model to foster efficiency, transparency and speedy payments.

FinTechIPO™ Index

Billtrust’s 13% Rally Fails to Stop FinTech IPO Index’s Continued Slide

A few positive performers dotted the FinTech IPO landscape this week, but only a few. Billtrust’s 13% gains were more than swamped by a 39% plummet in 9F Group and a number of names that slipped by more than 20% as earnings season recedes.

Data Brief: Grocery Payments

42% of Customers Use Debit to Pay for Groceries vs 6% Digital Wallet Use

Grocery shoppers may be beginning to explore new payment options, but debit continues to reign supreme, at least for now.

Inflation Expands Consumer, Merchant Interest in BNPL

The loss of spending power is taking its toll on how consumers spend their money, which in turns creates new interest from new categories of merchants who see BNPL as a way to make the sale, says Erik Svenson, head of global consumer finance for dental supply company Dentsply Sirona.

What's Hot

FIS Debuts New Rails for Global Real-Time Payments, CBDCs

Wealthier Americans Shave Credit, Debit Card Spending

Deel, Paysend Partner on XBorder Contractor Payroll

Food Delivery Service Grab Expands Subscription Program

BofA to Expand Digital Banking Tools to Meet Growing Customer Demand

UK Challenger Bank Zopa Reaches $2.4B Deposits

Walmart+ Adds More Subscriber Perks to Boost Non-Grocery Buying

Runway-Ready Designs Move Payments Wearables into Mainstream

Peloton’s Earnings Slip Reveals Business Model Flaws

Today in Crypto: South Korean Foreign Exchange Probe, Voyager Seeks Buyers, NFT-Related Cryptos Fall

Best Of Yesterday 

Consumers Stretch Their Spend to Keep Pantries and Wallets Full

Carriers and Shippers Ready for a Payments ‘Overhaul’

Struggling Coinbase Pivots to Subscriptions