Remove Faster Payments Remove Point-of-Sale (POS) Remove Real Time Payments
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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Real-time payments are imperative for running successful operations in today’s global ecosystem. Many of these providers are particularly competing for small- to medium-sized businesses (SMBs) to join their faster payments network over another, which can be tricky as more competitors enter this space.

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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Real time is getting ever closer to prime time. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. What’s Next.

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Serving Mobile P2P Payments To The Gen X Crowd

PYMNTS

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). The Septem ber Faster Payments Tracker explores new initiatives aimed at better serving SMBs’ payment needs as well as other key developments in the space.

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How Faster Payments Can Help Retain Employees

PYMNTS

Last week, the Federal Reserve announced it would give some competition to The Clearing House’s Real Time Payments (RTP) with its own real-time payments service, FedNow. The latest Faster Payments Tracker analyzes these new developments and explores how faster payments are changing how employees get paid.

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New PYMNTS/Visa Poll: SMBs Want (And Need) Instant Access To Payments

PYMNTS

For example, only 41 percent of such firms reported adding new digital capabilities to facilitate faster transaction settlements, while just 40 percent said they added technology to attract new customers. Surging Interest in Real-Time Payments. Another 44 percent are “somewhat” or “slightly” interested in doing so.

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Building Better SMBs With Rapid Settlement

PYMNTS

With push payments, rapid settlements, real-time payments and other forms of instant money enjoying their moment in the sun, it’s no surprise that of the six SMB personas tracked by PYMNTS for the Small Business Guide to Rapid Settlement Playbook , all have expressed high enthusiasm (and even impatience) to implement rapid settlements.

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Getting RTP’s Roadmap, Consumer Demand For It In Sync

PYMNTS

For real-time payments, the infrastructure is there, and now comes the demand. He likened the strategy to the 80/20 rule, where the bank may make 20 percent of its revenues from payment services and 80 percent from account holdings. But, he added, there’s an incentive for merchants to shift to real-time payments.