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Circle Revamps Stablecoin Platform As USDC Grows 500 Pct

PYMNTS

USDC circulation is up 400 million since January and has handled in excess of $200 billion in on-chain payment volume, according to David Puth, chief executive officer of Centre Consortium, which was founded by Circle and Coinbase. He said the public blockchain will take digital dollar stablecoins mainstream.

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Visa Logs 700M Visa Direct Transactions, Contactless Payments Surge

PYMNTS

Visa ’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. The company said that payments volume was up 8 percent year over year to $2.3 The company said that payments volume was up 8 percent year over year to $2.3 and beyond.

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The Changing Landscape of Banking Experience with RTP

Faster Payments Council

RTP technology facilitates payments across all payment categories, including business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B), peer-to-peer (P2P), government-to-citizen (G2C), and account-to-account (A2A) transactions. Current status of RTP adoptions around the world How RTP is used?

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Deluxe CEO: B2B Payments Will See Resurgence In Paper Checks

PYMNTS

Stretching back to March and April, as the pandemic hit, the decline has been evident in daily, monthly and quarterly check order volumes. Lower business volumes translate, naturally, into lower check volumes. Such online platforms, he added, can eventually revolutionize B2B payments, and even B2C and C2B transactions.

Checks 78
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B2B Payments Remains Without A Clear Picture Of Faster Payments’ Impact

PYMNTS

Federal Reserve made its own progress in exploring how the nation’s regulatory environment can support faster payments progress while maintaining security, while NACHA offered up some new data on same-day ACH volume growth in the country. But a clear indication of how these developments could impact the B2B payments space remains elusive.

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What Is An Online Merchant and eCommerce

Payment Savvy

Consumer-to-Business (C2B) C2B eCommerce reverses the traditional buyer-seller relationship. C2B platforms allow businesses to tap into a pool of talented individuals, freelancers, and influencers who can contribute their skills and expertise. It occurs when consumers offer products or services to businesses.

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B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

PYMNTS

While there are no volume limits, there are caps on both consumer and business transactions of $26,000, according to FIS. However, as current faster payments initiatives suggest, the focus continues to be on consumer payments, mainly P2P and consumer-to-business (C2B), with some programs supporting B2B transactions.