Payment Savvy

NOVEMBER 8, 2022

EFTs constitute a whole range of digital transfer and payment methods. An EFT, or rather an Electronic Funds Transfer, is a type of digital payment between banks or banking institutions of a very broad description and is used by private individuals and businesses alike. What Are Peer-to-Peer Payments?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

OCTOBER 5, 2016

As one might expect of a financial product that has so rapidly become so widely popular, the prepaid card industry managed to catch the attention of the Consumer Finance Protection Bureau, which has been considering new regulations for some time that would create “strong federal consumer protections for prepaid account users.”

CFPB 75

CFPB Rules PayPal Debit Card 75

EBizCharge

JULY 2, 2024

For higher transaction amounts, they typically require a PIN or biometric verification, offering enhanced consumer protection. Peer-to-peer payment apps: Peer-to-peer (P2P) payment apps, like Venmo or Cash App, allow users to transfer money directly to others.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52