PYMNTS

DECEMBER 17, 2019

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report.

FinTech 52

FinTech C2B Cross-Border P2P 52

PYMNTS

DECEMBER 5, 2017

Fiserv comes to the conversation with 30 years of insider industry knowledge, and on the heels of a year in which it moved more than $75 trillion across 30 billion digital payments in peer-to-peer (P2P), consumer-to-business (C2B) and business-to-consumer (B2C) transactions. In other words, it’s seen some stuff. Alphabet Soup.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

MAY 9, 2019

The company went live in October of 2018, and it’s a no-fee, P2P cross-border startup. The company is also launching a merchant-facing C2B mobile payments app called Chipper Checkout, which will be a paid app. African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4

Cross-Border 46

Cross-Border C2B FinTech Cross-Border Payments 46

PYMNTS

JULY 15, 2019

In a press release , Avidia said it will soon on-board to real-time payments via The Clearing House , adding to its existing faster payment support that enables P2P and C2B push payments via payment cards.

Real Time Payments 46

Real Time Payments FinTech Payment APIs and Integration C2B 46

PYMNTS

MARCH 2, 2016

The reason faster payments is so important, Proto said, is because the four major quadrants of the payments industry — P2P, B2B, B2C and C2B — are all beneficially impacted when it comes to the expedited movement of money and data. When it comes to P2P payments, Proto pointed to a shifting consumer mindset and, in turn, adoption.

Faster Payments 41

Faster Payments NACHA C2B P2P 41

PYMNTS

DECEMBER 5, 2017

Today in PYMNTS’ data, financial services firms are moving electronic money and data, banks have major concerns about data management, multiple zettabytes of information are now produced on a global scale, consumers are more satisfied with features offered by large-format stores than small-format ones and ransomware is crippling small businesses.

Ransomware 42

Ransomware C2B B2C Small Business 42

PYMNTS

NOVEMBER 8, 2017

Originally, faster payment systems were primarily focused on the retail market [person-to-person (P2P) and person-to-business (P2B)], but increasingly business payments [business-to-person (B2P) and business-to-business (B2B)] are taking advantage of the benefits that faster payments offer,” FIS wrote in its report. Switzerland.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

NOVEMBER 6, 2018

Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish. These payments were typically only processed during work hours, could take days to clear and came with a price tag of up to HK $200 ($25.50

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

DECEMBER 7, 2017

Whether payments are moving between individuals (peer to peer, or P2P) or between consumers and businesses (C2B), they flow most easily from like to like — for instance, if the sender wants to use PayPal, the recipient must also have an account. Interac started out in the P2P space back in 2002.

Irrevocability 40

Irrevocability Payment APIs and Integration P2P Online and Mobile Banking 40

PYMNTS

DECEMBER 12, 2017

They’re just a few of the latest developments covered in the Faster Payments Tracker, and there are clear implications for peer-to-peer (P2P) and consumer-to-business (C2B) transactions. But a clear indication of how these developments could impact the B2B payments space remains elusive.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

MARCH 18, 2019

percent), as businesses swap checks for ACH transactions and P2P transactions (up 47 percent) between bank accounts. NACHA reported that in Q4 2018, SDA volume hit 51.3 million transactions, up 46 percent year over year. They also reported notable increases in B2B transactions (up 11.5

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Payment Savvy

DECEMBER 9, 2020

These payments offer instant round the clock transfers for B2B (Business-to-Business), B2C (Business-to-Consumer), C2B (Consumer-to-Business), and P2P(Peer-to-Peer). Real-time payments offer a solution to delayed payment options like ACH transactions, credit cards, debit cards, checks, etc. RTP makes it simple to move money.

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

OCTOBER 16, 2019

In the always-on, 24/7/365 economy, payments that circle the globe should conceivably be as simple as those made in a peer-to-peer (P2P) transaction. The transaction wends its way across borders, in the middle of the night, settling instantly. The reality?

Cross-Border Payments 51

Cross-Border Payments Cross-Border Payment APIs and Integration SWIFT 51

PYMNTS

NOVEMBER 7, 2018

RTGS was designed to support high-value, interbank transactions, but P2P and C2B payments typically took a day or two to clear, were processed only during work hours and cost up to HK $200 (US $25.5) per transaction. Hong Kong required a new solution.

Faster Payments 49

Faster Payments Real Time Gross Settlement (RTGS) Payments C2B 49

PYMNTS

DECEMBER 14, 2018

According to SWIFT and McKinsey & Company research , B2B cross-border payments accounted for $125 trillion in revenues last year alone, significantly higher than the $54 billion initiated by consumer-to-business (C2B) cross-border payments. percent (compared to 6 percent for peer-to-peer [P2P] payments).

Cross-Border Payments 77

Cross-Border Payments Cross-Border Correspondent Bank Correspondent 77

PYMNTS

NOVEMBER 27, 2018

The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion. percent, compared to 6 percent for peer-to-peer (P2P) global transactions. However, B2B global payments revenue margins are the smallest of any category at just 0.1

Cross-Border Payments 49

Cross-Border Payments Cross-Border SWIFT Correspondent Bank 49

Clearly Payments

NOVEMBER 4, 2024

Both systems provide a simple, convenient way to send money person-to-person (P2P) , allowing users to transfer funds quickly and securely by entering just the recipient’s email address or phone number. Primarily, both services are designed for P2P use, allowing friends, family, and even small businesses to send and receive payments easily.

Zelle 105

Zelle Real Time Payments Credit Union Payments 105

PYMNTS

MARCH 7, 2016

Early Warning, which bought clearXchange , is expanding its banking network to enable real-time solutions between banks for B2B, B2C, C2B and C2C solutions. P2P is the use case that everyone uses to rationalize the need, yet is the one where the business case is that consumers won’t pay.

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46