PrimePay Networks

Cashless Payments Gain Ground at Self-Serve Laundries

The great American coin-op laundromat may be nearing the end of its lifespan. A new poll finds that more than half of self-serve laundries in the U.S. now generate the majority of their revenue from cashless payments. The survey underscores the shift: slightly more than half of respondents say that much of their self-service machine […]

Government Backing and Cross-Border Payments Fuel Digital Yuan

Just a few years ago, more than one hundred countries were exploring central bank digital currency (CBDC) projects. Many of those initiatives were later shelved as privately issued stablecoins rose to prominence. However, there are signs that CBDCs are gaining momentum again. One of the most notable examples is China’s digital yuan (e-CNY), which has […]

Tokenization: From Security Tool to Future-Ready Payments

High-profile data breaches at major retailers exposed thousands of consumers’ personal account numbers (PANs), spurring the adoption of tokenization—a solution that replaces sensitive account data with surrogate values, protecting both consumers and merchants. As tokenization scaled, its benefits proved to extend well beyond fraud prevention. Merchants often saw meaningful lifts in authorization rates. But the […]