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PayID: Bid For Universal Payments — Or Crypto Legitimacy?

PYMNTS

The rise of contactless and digital transactions, banking apps and various payments service providers has also shaped a payments landscape that can best be described as fragmented. Might the bid for universality get a boost from PayID — and a consortium led by Ripple that is coalescing around crypto?

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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

Some people refer to ACH payments as direct debit, direct deposit, or auto-transfer. ACH is also the technology behind most peer-to-peer money transfer services in the US, including Paypal, Zelle, Cash App, and Venmo. However, banks may charge a small service fee to transfer money to a different bank.