PYMNTS

NOVEMBER 3, 2020

In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Zelle Says P2P Payments Top One Billion Transactions.

Zelle 122

Zelle P2P ISO 20022 Transactions 122

PYMNTS

APRIL 13, 2020

These younger employees expect faster payment experiences, but mobile-enabled, B2B disbursements have proven to be relatively complex. consumers now use mobile payment apps. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle. The Mobile Disbursements Landscape.

Innovation 93

Innovation B2C B2B P2P 93

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. Three percent of, well, anything is not a lot.

Checks 66

Checks Real Time Payments B2C Faster Payments 66

Tearsheet

APRIL 22, 2024

The rise in P2P transactions is driven largely by Americans, particularly younger individuals, drawn to payment apps in part due to the rewards and loyalty programs offered by providers. This enables users to then utilize various P2P digital payment apps for further transactions.

Venmo 98

Venmo PayPal Payment APIs and Integration P2P 98

PYMNTS

AUGUST 14, 2019

Zelle Trends. Zelle P2P payments increased at a slightly faster rate than Venmo in the latest financial reporting period: While year-over-year payment values increased by 56 percent, transaction volume increased by 71 percent, just barely beating the PayPal figure. More than 64 percent of U.S. More than 64 percent of U.S.

P2P 49

P2P Zelle Venmo RTP 49

PYMNTS

AUGUST 10, 2020

This is evident in the ways bank customers prefer to receive their salaries, payments from businesses or funds from other transactions. Seventy-one percent of consumers desire electronic payments, showing that paperless options are vastly preferred. billion in annual business-to-consumer (B2C) transactions still conducted by check.

Direct Deposit 89

Direct Deposit Venmo Non-Bank Payments 89

PYMNTS

DECEMBER 5, 2017

The digital economy is here and, for many consumers, it has become a way of life. Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. But, with this progress comes friction in the form of a payments patchwork.

Consumer 56

Consumer Same Day ACH C2B B2C 56