Remove Good Funds Remove Interoperability Remove Payment APIs and Integration
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Connecting The Dots To A Modernized Payments System

PYMNTS

It takes more than just having the latest technology or an innovative idea to make faster payments work. In its latest white paper, INTERAC outlines the principles as follows: Principle #1: Good funds is the better model. Principle #2: Ubiquity should be a payment network’s natural destination. million per day sent.

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PODCAST: Why Merchants Should Go ‘Auth Shopping’

PYMNTS

Conversion is paramount then, and can get a boost when merchants offer a relatively wider range of payment methods and currencies to customers, while seeking to stanch decline rates. At present, merchants manage payment costs as a key performance indicator (KPI), stated Aite. Time for a new model, a new way of thinking?