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In Brazil, Banking Customers Turn To Debit, Digital Banking

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The Next-Gen Debit Tracker® explores how the COVID-19 outbreak is impacting commerce and banking, as well as accelerating uptake of digital services and payment tools. Around the Next-Gen Debit World. The Paytm cards can be used both in-store and online. Debit cards are also helping consumers receive funds.

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Inside The Factors Shaping Businesses’ Faster Payment Tool Adoptions

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Employers might adopt push-to-card solutions that enable them to equip staff with prepaid debit cards, onto which earnings can be quickly disbursed, for example, while other companies may send salaries directly into payment apps.

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NEW DATA: The Three Cs Of Disbursement Satisfaction And Why They Matter To Consumers

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Meanwhile, 85 percent of respondents want to be certain their funds are safe and secure, and 47 percent want a choice in where funds are deposited. As for the method of disbursement, direct deposit maintains its crown as the most popular. Slightly more than half of respondents (53.7

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How Smarter Payment Tools Make Filing Taxes Less Taxing

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For many, though, the hard part comes after their taxes are filed and they are forced to play the waiting game, even if they opt to get refunds with direct deposit. The tax preparation industry is catching on, however, and several players — like H&R Block — are now offering instant payment solutions.

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U.S. Bank On Helping Businesses Pick Faster Payment Options

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Employers have been working to improve how they pay both full-time and gig workers, and some are finding that the traditional emphasis on paper checks and direct deposits are not going far enough. Deep Dive: How Payment Apps And Real-Time Rails Are Accelerating B2B, P2P Transactions. Download the Report to read the full story.

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NEW REPORT: With Zelle, FIs Looking To Be Everyone’s P2P Bae

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In the world of payments, the need for instant gratification is no exception. News from Around the World of Faster Payments: Over the past few weeks, several companies rolled out their own faster payment services, and the second phase of Same Day ACH officially went live.

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Can Disbursements Help Ease Travel Disruption Pain?

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The service allows users to file claims through the company’s mobile app, and enables funds to be deposited directly into a traveler’s bank account or sent to a debit card. It’s not just the time it takes to receive the payment. The consumer gets timeliness more than anything,” Mason said.