Finovate

MARCH 7, 2025

By competing with global giants, EPI is pushing Europe toward a more integrated, efficient, and competitive payment system. What happens when an ongoing revolution in payment innovation meets a regulatory regime determined to ensure secure and safe transactions for individual consumers, business entities, and even governments?

Payments

Stax

MARCH 27, 2025

Talk to sales Understanding EFT: The Umbrella Term for Digital Transactions Ever paid for your coffee with just a tap of a card or received payment from a customer thousands of miles away? Digital wallets accounted for 50% of eCommerce purchases , while debit cards raked up 12% of total transactions last year. In 2024, it processed 1.2

ACH

PYMNTS

SEPTEMBER 24, 2019

Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Around the Faster Payments World.

P2P

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”. using Visa Direct.

P2P

PYMNTS

MARCH 28, 2019

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. Today Visa , with Visa Direct , has added another use case for push payments — this time on a global scale. Visa Direct is the card network’s instant push payments platform.

P2P

Payments Source

MARCH 28, 2019

consumers to send cross-border remittances in real time via Visa Direct, the card network’s debit push-payments service. Visa and Remitly have formed a partnership enabling U.S.

Cross-Border

PYMNTS

JULY 24, 2018

MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. Remittances As Global P2P On Ramps. MoneyGram is the first cross-border use case for Visa Direct,” Frew told Webster.

P2P

PYMNTS

OCTOBER 18, 2016

Ingo Money, a player in real-time push payments technology, and MoneyGram, a global provider of money transfer and payment services, announced Monday (Oct. The service also enables instant B2P and P2P disbursements originated by banks, companies and government agencies. retail locations. ” .

P2P

PYMNTS

OCTOBER 8, 2020

We’re living in nirvana right now with push-to-card and corporate disbursements and P2P [peer-to-peer] payments going instant because it hasn’t become high profile enough for the real bad actors to start showing up.”. . Consumers love the opportunity to get paid instantly when they can.

Instant Payments

PYMNTS

APRIL 16, 2019

Finextra , citing a Facebook spokesman, reported the P2P payment service that worked through Messenger was launched in 2017. Both sides of the chat had to provide debit card details and the amount being sent. Facebook has been pushing into the digital payments market exploring ways to leverage its messaging platforms.

P2P

PYMNTS

MAY 31, 2018

It’s been three years since Mastercard started its Send offering for card-based push payments. Shari Krikorian, senior vice president at Mastercard Worldwide , told PYMNTS that Send started out with a consumer focus, powering person-to-person (P2P) push payments. From P2P to B2B. Emergency Insurance Payouts.

P2P

PYMNTS

DECEMBER 10, 2019

Visa has added a new partner in its quest to simplify, digitize and drive costs down in the global remittances space with its real-time push payments platform Visa Direct. The broader goal will be to take the Visa Direct-enhanced offering and work with the card network to scale its offering throughout Europe and worldwide in 2020.

P2P

PYMNTS

NOVEMBER 25, 2020

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2

Payroll

PYMNTS

MARCH 18, 2019

Companies are working to keep funds safe from bad actors as payments grow increasingly faster with person-to-person (P2P) solutions and real-time platforms. In addition, dollar bills, C-notes and the like are surviving , despite a push for cashless payments. All this, Today In Data.

P2P

PYMNTS

OCTOBER 27, 2020

YellowPepper will help integrate more easily with Visa Direct, Visa's real-time push payments platform, Visa B2B Connect, its non-card-based B2B network and value-added services. Visa has inked an agreement to acquire YellowPepper , which works with startups in the Caribbean and Latin America, according to an emailed press release.

Acquirers

PYMNTS

MAY 17, 2019

The busy morning activity in a coffee shop resembles the new Mastercard innovation push. The proposed credit card interest rate cap legislation , courtesy of Democratic presidential hopeful Senator Bernie Sanders and Rep. As P2P Payments Spreads Its Wings, Challenges Loom. As P2P Payments Spreads Its Wings, Challenges Loom.

P2P

FICO

SEPTEMBER 14, 2021

As consumers flock back to stores , some may be surprised and delighted to learn that they can use popular person-to-person (P2P) payment apps like Venmo and PayPal at the cash register. PayPal made a big push in 2020 to expand its POS presence. As the world continues to move through COVID, every day can hold a surprise. Hello Panda.

P2P

PYMNTS

FEBRUARY 6, 2019

However, ultimately, what pushed him into entrepreneurship once and for all was the same thing that starts so many businesses: real-life friction. Furthermore, the increasing digitization of financial services worldwide meant that the time was right to start offering those solutions.

Issuers

PYMNTS

SEPTEMBER 13, 2019

We have news about new P2P and B2B payments efforts, new research into SWIFT and QSR innovation, and a deep look at the legacy left behind by Jack Ma as he steps down from leading Alibaba. Visa Powers MoneyGram Push-To-Card P2P. The person-to-person (P2P) money transfer option offers U.S. Trackers and Reports.

P2P

PYMNTS

JULY 31, 2019

The company also released Q2 guidance in last quarter’s report, which forecasted lower than expected revenue, although P2P and digital payments have continued to expand. The company also released Q2 guidance in last quarter’s report, which forecasted lower than expected revenue, although P2P and digital payments have continued to expand.

P2P

PYMNTS

APRIL 9, 2019

The new Disbursements Tracker highlights recent efforts by businesses, banks and government agencies to improve payment practices by delivering on consumers’ speedy expectations, and how th e rise of peer-to-peer (P2P) services like Venmo and Zelle are raising the disbursements bar. Around the World of Disbursements. million AUD ($1.56

Venmo

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World. Recent surveys found that 38 percent of U.S.

Real Time Payments

Payments Source

JUNE 25, 2018

Despite a reputation for being the go-to P2P app of digital natives, Venmo is once again pushing its market in the opposite direction with the debut of a plastic card.

Venmo

PYMNTS

NOVEMBER 3, 2020

Desiring to access faster rails and the electricity around P2P transfers, consumers and businesses are driving the market’s obsession with speedier money during recovery. To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” Clearly, paper checks aren’t cutting it anymore. We’ve evolved.

Real Time Payments

PYMNTS

JULY 28, 2020

Starting from that premise, the company has developed three fundamental goals: to continue growing the company’s peer-to-peer (P2P) user base, to increase Venmo’s utility for users’ day-to-day applications and to expand to include businesses. “Be careful what you wish for – you just might get it.”.

Venmo

PYMNTS

MAY 3, 2017

While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that make it easier to ask your friends or co-workers to cough up the cash when you pick up the tab after a night out. News from the World of Faster Payments. billion in fares. billion in fares. percent to 25.5

Faster Payments

PYMNTS

MAY 19, 2016

Additional upgrades now enable P2P money transfers for the banks’ customers, advanced push notifications, alerts that are delivered through the app, and gives them the ability to use their mobile banking app on alternate devices, including tablets and the Apple Watch. People are thinking about life, not financial services.

P2P

PYMNTS

DECEMBER 13, 2019

We do a deep dive on PayPal and the tech visions of Sam’s Club, and have new and original research into mobile card apps — along with many other stories. Visa Direct To Power TransferWise Real-Time Global P2P. Behind The Consumer’s Surging Interest In Mobile Card Apps. Why SamsClub.com CEO Says It’s A $60B Tech Startup.

P2P

PYMNTS

OCTOBER 10, 2019

That includes the discussion of push payments (in which the account holder sends the money) and pull payments (in which the recipient is authorized to take money from the account). With push payments, the consumer is always in control of a transaction,” LaFleche said. That’s a huge benefit.”. Pull Payment Trends.

Real Time Payments

PYMNTS

JUNE 3, 2019

Sure, one may find numerous instances and specific markets in which cash use has given way to payment cards or mobile wallets, but, for various reasons, physical coins and bills endure, and will likely do so for quite some time. The goal is to enable more payment options for consumers around the world.

Digital Payments

PYMNTS

APRIL 30, 2020

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Treasury Secretary Steven Mnuchin had said a more efficient distribution of government funds would be achieved through digital delivery and prepaid card providers. So far, the agency has delivered 89.5

IRS

PYMNTS

NOVEMBER 9, 2020

and why it appears to be pushing the percentage of unbanked consumers up. and why it appears to be pushing the percentage of unbanked consumers up. Both businesses and consumers are still attempting to deal with the financial hardships brought on by the ongoing pandemic. In the U.S., Around The Disbursements World.

On-Demand

PYMNTS

AUGUST 1, 2019

Western Union is in the midst of working with other companies to build omnichannel and global P2P offerings that combine cash and digital processes. Under the terms of the agreement, Western Union will leverage Visa Direct, the card giant’s real-time push payments platform, to offer global expedited push-to-card transfers.

Cross-Border

PYMNTS

AUGUST 8, 2019

Western Union is in the midst of working with other companies to build omnichannel and global P2P offerings that combine cash and digital processes. Under the terms of the agreement, Western Union will leverage Visa Direct, the card giant’s real-time push payments platform, to offer global expedited push-to-card transfers.

Cross-Border

PYMNTS

NOVEMBER 21, 2018

Among the company’s recent pushes in the restaurant space is helping to craft fraud prevention defenses for mobile order-ahead technology that, arguably, has recently emerged as one of the hottest trends in mobile commerce. It’s a relatively simple prospect: Select food. Order food. Happy Thanksgiving , by the way!). Getting Past Hype.

P2P

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. 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.

Payer

PYMNTS

FEBRUARY 1, 2021

Another few dozen banks will be joining the instant payments scheme this year, said Camporeale, which pushes percentage of accounts that could use instant payments to 90 percent by the end of 2021. A Leapfrog To Instant – Or Room For Cards, Too? . To get a sense of the present state — and future — of instant payments, look to Italy.

Real Time Payments