Fintech Finance

MARCH 7, 2025

A survey of over 2,000 small business respondents found that 45% are experiencing more late payments than 12 months ago, and 50% are concerned the number of late payments will rise over the next 12 months. Already, nearly a quarter (24%) of SMBs say they receive payments that are up to 60 days late.

Small Business 59

Small Business Payer Payments Economy 59

The Fintech Times

MARCH 10, 2025

Meanwhile, 50 per cent revealed concern over the number of late payments rising over the next 12 months. Already, nearly a quarter (24 per cent) of SMBs say they receive payments that are up to 60 days late. Around 32 per cent feel they have little to no control over how to manage late payments.

Small Business 52

Small Business Payer Payments Economy 52

PYMNTS

JANUARY 21, 2020

The risk of late payments has opened up conversations about how businesses can improve their collections practices and secure the cash they’re owed without damaging the buyer-supplier relationship. The knock-on impact of that initial delay isn’t just about receiving payment later, though.

Accounts 64

Accounts Payee Automation Payer 64

PYMNTS

SEPTEMBER 10, 2019

Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. With other payment processors, when a small business is looking to get paid, it can take 24, 48, sometimes 72 hours over the weekend for that payment to hit,” Bill Clerico, CEO of WePay , told CNBC.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Processors Payer 77

PYMNTS

JULY 15, 2019

Additionally, it was reported in May that some JPMC customers were moving money into accounts at banks offering higher interest rates. Internationally, JPMorgan introduced its E-Customs Payment Solution , which fully digitizes and automates cross-border payments of goods — the first foreign bank in China to do so.

Innovation 55

Innovation Cross-Border Payments Cross-Border Payer 55

Payment Savvy

JUNE 12, 2023

Let’s shed some light on the potential reasons behind a Venmo transaction decline, beginning with the most common (and probably most obvious) reason of all – a lack of funds in the account. Lack of Funding The most frequent cause of a declined Venmo payment is insufficient funds in the account.

Venmo 52

Venmo Payments Payer Card Issuer 52

PYMNTS

NOVEMBER 20, 2019

healthcare market saw a rise in high-deductible plans following the 2010 passage of the Affordable Care Act (ACA), shifting a greater share of out-of-pocket payments, such as deductibles and co-pays, onto patients. They could also eliminate one of healthcare payments’ most common ailments: matching transactions to patient data. .

Real Time Payments 44

Real Time Payments Electronic Funds Transfer (EFT) ISO 20022 Payer 44