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Visa Joins Phixius Pilot For B2B Payment Data Exchange

PYMNTS

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. 12) announcement. We are excited Visa is among the first partners to pilot Phixius.”.

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Businesses Are Ready To Make The RTP Leap

PYMNTS

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. Visa Joins NACHA Pilot. Visa has joined the pilot Phixius program operated by NACHA, the companies recently revealed.

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The Data Behind B2B Payments’ API Excitement

PYMNTS

It’s led many B2B startups to not only offer eCommerce and procurement platforms, but to integrate value-added services like financing, logistics and more. 6 percent: the portion of same-day ACH volume that constituted B2B payments during the first 11 days of NACHA’s launch of the service.

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Payments Rails, Laying New Tracks

PYMNTS

For Mastercard, “we apply value-added services in milliseconds,” with innovation brought at the application level. Even in embracing digital, he said, “you keep the core constant and then you put layers on top.”