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New Corporate Payment Tricks For Old Rails

PYMNTS

In their announcement, Rapyd said it will wield Visa’s platform Visa Direct to facilitate real-time fund transfers to gig workers, for example. Their partnership will also bridge Rapyd to Visa’s card network, enabling the issuance of virtual Visa cards for gig workers to make purchases on behalf of their employers.

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

POS systems that accept PIN-authenticated payments transmit card details to debit network operators that then assess transactions’ associated fraud risks. Consumers’ funds are then sent to PIN debit network operators, which extract interchange fees and pass the rest to merchants’ banks.

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A Big List of Payment Gateways

Clearly Payments

GoCardless: Global bank debit network for recurring payments (International). Fortumo: Carrier billing and mobile payments platform (International). Global Payments: Leading provider of payment technology and services (International). Google Pay: Digital wallet platform and online payment system (International).

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How to Send Money on Venmo

My Payment Savvy

You need an alternate way to transfer fundsyou need to learn how to Venmo someone! This easy-to-use app makes peer-to-peer funds transfer painless and allows users to quickly and easily move money from one person to another. Your friend still covers it, but you still need to pay them back. What Is Venmo?

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