Fintech Finance

FEBRUARY 10, 2025

On February 9, the RTP networks transaction limit increased from $1 million to $10 million, enabling businesses to send larger payments instantly, 24/7. Currently, over 285,000 businesses rely on the RTP network each month to send and receive payments.

Transaction Limits

Trade Credit & Liquidity Management

APRIL 10, 2025

As a B2B vendor, implementing real-time payments can significantly enhance your business operations and financial health. Photo by Joshua Hoehne on Unsplash ) Core Networks for Real-Time B2B Transactions Here are the B2B real-time payment solutions currently available in the U.S.,

Real Time Payments

PYMNTS

SEPTEMBER 26, 2019

This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems. Common forms of pull payments include debit cards and paper checks. Payers provide PINs or signatures, which grant recipients permission to extract funds.

Payer

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. This expeditious service caters to the growing need for efficient, secure, and convenient bank and instant money transfers in our increasingly connected world.

ACH

Fi911

AUGUST 1, 2023

This is distinct from other customer-centric payment services like Venmo or Zelle in that its implementation hinges on the adoption by banking institutions. This is the inaugural real-time payment system from the US central bank. FedNow is the Federal Reserve’s innovative real-time payment service.

FedNow

EBizCharge

NOVEMBER 21, 2024

Merchants must understand these variations to avoid late payments or unexpected delays. For example, ACH payments have an effective date of two to three business days post-transaction. In comparison, wire transfers typically take one to five business days (or more) but sometimes offer same-day fund availability.

Procedures

EBizCharge

MAY 15, 2024

Issuers initiate payment card issuance for eligible entities, such as credit and debit cards, and maintain cardholder relationships by managing accounts and providing dedicated customer support. During transaction authorization, issuers evaluate fund availability to ensure seamless payment progression.

B2B