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How Governments Navigate ACH Payments Innovation

PYMNTS

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. “There is a great emphasis on data security,” he said.

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Innovation Eases The Friction Of Global Payment Rails

PYMNTS

“As we expand from our roots in consumer remittances, we’re positioning ourselves as the platform of choice for next-generation payments businesses and financial institutions and their diverse cross-border payments needs,” Ersek said.

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Europe Ramps Up eInvoice Efforts

PYMNTS

One of those is Italy, where delayed invoice payments in both the private and public sector have raised concerns about business-to-business (B2B) and government-to-business (G2B) payment practices, as well as about the government’s rising debt.

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Visa’s Bill Sheley On What’s Next For Push Payments

PYMNTS

However, there is opportunity in money flowing the other direction, too, he noted, with that capability taking advantage of Visa’s global network of consumers, small businesses, financial institutions and strategic partners.