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Faster Payments Go Live In Hong Kong

PYMNTS

In March, the Hong Kong Monetary Authority (HKMA) announced plans to introduce a faster payments system that will link into 20 banks and eight electronic payment operators, with payers able to use mobile phone numbers or email addresses to make payments in the Hong Kong dollar or renminbi.

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Faster Payments Readies Global Payroll For A Paradigm Shift

PYMNTS

Increasingly, the gold standard for payments is invisibility. Platforms and payment service providers are seeking digital, integrated payment experiences that are so seamless, neither the payee nor payer take much notice that a transaction has even occurred. Such is a standard that is making its way to the payroll space.

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Understanding B2B Payments: Exploring Payment Methods and Key Terms

EBizCharge

Payment Terms: Before the transaction occurs, both parties agree on payment terms, including the payment due date, acceptable payment methods, and any discounts or penalties for early or late payment. Payment Initiation: Once the buyer receives the invoice, they initiate the payment process.

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