Payments 101, Part 2 – Credit Cards

By |2021-01-27T16:24:59+00:00October 21st, 2020|Credit Cards, Payments, Payments 101|

Over the next several weeks, we’ll take a tour of the payment methods outlined in Part 1, and go into their history, which helps us understand their current position in the payments landscape. Credit cards have a particularly rich and dramatic history, as I suggested in the following tweet: Beginning with Diner’s Club in 1950, [...]

Payments 101, Part 1 – The Five Actor Model

By |2021-01-27T16:25:56+00:00September 29th, 2020|Financial, International, Payments, Payments 101|

Payments has been a rapidly evolving space over the past 20 years, and many companies have sought to get into it, even as the incumbents seek to evolve and expand their offerings.  I have noticed, however, a lack of resources to get new employees up to speed on how different payment methods work.  The purpose [...]

COVID-19 Update: Things Could Be Worse

By |2020-09-30T18:19:12+00:00April 14th, 2020|Payments|

It’s been a few weeks since my last blog post on the novel coronavirus (COVID-19) pandemic, so this seems a good time to revisit some of the statements I made then. At the time, I pointed out that equity analysts were still forecasting positive earnings per share for the major card networks, albeit lower than before the [...]

Wallets Within Wallets

By |2020-07-27T18:01:46+00:00July 24th, 2017|Payments|

On July 17, 2017, PayPal announced a new partnership with Samsung to enable PayPal as a payment method within the Samsung Pay mobile wallet. This parallels a similar announcement with Android Pay on April 18, 2017. PayPal followed this up with another announcement on July 20, 2017 that it would be incorporating Chase’s wallet Chase Pay as a funding mechanism in its own wallet, [...]

Fragmentation in the World of P2P Payments

By |2020-07-27T18:02:10+00:00June 26th, 2017|Payments|

Last time I wrote about the unbundling and rebundling of payments; what I didn’t cover was the downside, which is greater fragmentation of payment services. In the old world, consumers had limited choices when it came to payment methods: Visa, Mastercard, American Express for credit cards (along with domestic brands like China UnionPay and Discover). In the [...]

The Unbundling and Rebundling of Payments

By |2020-07-27T18:02:37+00:00June 13th, 2017|Payments|

One of the most interesting trends that I have been following for the past several years is what I call the “unbundling” of payments, which is the exposure of services through open application programming interfaces (APIs) that had previously been bundled into a single product. To think about the scope of services that could be [...]

Go to Top