Stax

MARCH 27, 2025

To choose the right payment method, consider transaction volume, transfer speed, cost, and security. ACH Credit or direct deposit refers to when the payer pushes funds into the recipients bank account or credit union account. Payment control Scheduling of both payer-initiated and payee-initiated transactions can be done through ACH.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

The Payments Association

JUNE 16, 2025

These are linked to the requirement for instant offline settlement, i.e. digital money leaves the payer device to go into the payee’s device. Synchronous vs asynchronous payments Two distinct payment flows were tested: Synchronous: where activity is required from both payer and payee in real-time.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

EBizCharge

DECEMBER 18, 2024

ACH networks process transactions in batches, making them cost-effective and suitable for high volumes. Card payment clearing: Facilitates credit and debit card transactions by ensuring funds are transferred from the payers bank to the payees account.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

Payer 60

Payer ACH FinTech Push-to-Card 60

Open Banking Excellence

JANUARY 9, 2024

All payers need to do is authenticate the payments via (desktop or mobile) online banking and funds are sent directly to the insurance merchant. There is also an option via Account Information Service (AIS) providers to verify the payer, where no payment is necessary. Be heard and Be seen. Get involved in our community conversations.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

PYMNTS

AUGUST 7, 2020

In addition, the new feature automates payment creation for payers, such as freight forwarders and importers, and helps to provide real-time remittance validation for airlines to help cargo be released the same day.

Security 102

Security B2B Payer Payments 102

PYMNTS

JANUARY 26, 2021

With the second round of EIPs there was an even greater sense of urgency to make the payments, which resulted in an unprecedented 113 million payments, the highest volume day ever on ACH. “I Payers Now Recognize The Need For Better, Faster And More. It’s just becoming the norm,” he said. “We

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

AUGUST 7, 2020

Global travel may be down, and border restrictions remain in-place, but that doesn’t mean cross-border payment volumes have taken a hit. Providing Payer Certainty. The need to purchase goods and services remains as high as ever, and increasingly, spend is occurring on an international scale.

Cross-Border 120

Cross-Border Issuers Cross-Border Payments On-Demand 120

Fintech Finance

JULY 16, 2024

Jo Toolan, Managing Director, Client Services at PayPoint, said : “Despite a fall in the overall value of Unauthorised Cheque Fraud last year, volumes of individuals fraud cases continued to rise at a worrying rate.

Continuity 97

Continuity Payee Crime Payer 97

PYMNTS

NOVEMBER 7, 2016

4), the FinTech firm revealed a new service geared towards SME payers. The company’s business model for the tool is unique: Xendpay Business offers a “pay-what-you-want” fee model, enabling small business payers to choose how much of a fee they pay when using the service. .” But in an announcement Friday (Nov.

Cross-Border Payments 67

Cross-Border Payments Cross-Border Payer Small Business 67

PYMNTS

NOVEMBER 5, 2018

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. In Q3, 896 million B2B ACH payments were completed , NACHA said in its latest release , signifying a 10 percent year-over-year increase in volume of B2B ACH transactions. In all, more than 3.3 billion ACH debit and nearly 2.3 NACHA said 43.2

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

MARCH 27, 2020

Yet as van der Walt explained, without preexisting B2B relationships in place, the process of connecting vendors like airlines to payers like shippers and forwarders is a major hurdle. Shippers need more capacity to move their goods, and airlines need to keep the revenue flowing as passenger flights all but disappear.

Payer 87

Payer B2B Shutdown On-Demand 87

PYMNTS

NOVEMBER 23, 2020

Visa Commercial Pay B2B gives buyers and payers more flexibility as they transact with one another across program management platforms or third-party procurement platforms. Visa’s own volumes, he added, have shown that checks are being displaced with Visa Direct and other transactions.

B2B 115

B2B Payments Reconciliation Payer 115

Fintech Finance

AUGUST 6, 2024

Flywire plans to expand on Invoiced’s successful track record of providing invoicing software to a diversified client base across industries and geographies, and reinforces its commitment to powering software and payments to its target B2B segment, which Flywire estimates to be responsible for approximately $10 trillion in global payment volume.

Payment Networks 95

Payment Networks B2B Acquirers Accounts 95

The Finance Weekly

MAY 20, 2024

The latter provides a comprehensive account of each discrepancy, breaking down differences by date, amount, and payer. For high-volume businesses like retail stores or restaurants, daily reconciliations may be necessary. To maximize the advantages of bank reconciliations, smart businesses conduct them monthly or even weekly.

Reconciliation 130

Reconciliation Adjustments Best Practices Wire Transfer 130

PYMNTS

SEPTEMBER 18, 2018

In one case, a payer may send a payment through a supplier network, such as AvidXchange. And in another case, which Berdan said is more frequent, payments will come from an accounts payable system within the payer. Most commonly, those payments are sent by automated clearing house (ACH).

Lockbox 68

Lockbox FinTech Payer ACH 68

Fintech Finance

MARCH 30, 2025

As the pandemic continued, the numbers paying less than the minimum due declined and since January 2022 volumes have remained steady, averaging 2.8%. Promoting payment by direct debit will help to reduce the number of sloppy payers and in turn, reduce the number of customers missing payments. in May 2020.

Consumer 87

Consumer Credit Cards Payments Payer 87

The Payments Association

JANUARY 30, 2025

In some cases, firms that initially secured a Small licensesuch as a small payment institution (SPI) or small electronic money institution (SEMI)later find themselves struggling when attempting to upgrade to full authorisation on the basis or their increased volumes. Who should explore exemptions?

Consulting 88

Consulting Compliance Payments Regulations 88

PYMNTS

SEPTEMBER 29, 2020

The company’s cloud-based technology has created a contactless payment ecosystem that lets payers expediently and safely make payments to parties such as freight forwarders and maritime ports, according to the announcement.

Payment Networks 59

Payment Networks B2B Payer Payments 59

PYMNTS

APRIL 21, 2020

Today’s unprecedented market environment has businesses finally taking the plunge to migrate away from checks as payers seek digitization and payees seek transaction visibility. percent year-over-year increase in transaction volume for the first quarter of 2020. B2B payments in particular saw an 11.7

NACHA 82

NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

APRIL 17, 2019

In another case, time may be a factor: A corporate might extend a discount to a payer if they pay within a defined number of days. While Berdan says that the volume of payments in real-time is pretty small, he noted that they manifest themselves into “an ongoing problem for those corporates or billers to post those payments.”.

Real Time Payments 73

Real Time Payments Automation FinTech Wire Transfer 73

PYMNTS

JANUARY 28, 2020

’s newest real-time payment rails, the RTP network, is looking to expand the opportunity for payers to use the faster payment rail by increasing transaction limits. The Clearing House Expands RTP Opportunity. The Clearing House, which operates one of the U.S.’s percent jump.

Same Day ACH 79

Same Day ACH RTP NACHA ACH 79

PYMNTS

OCTOBER 30, 2020

XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. Through artificial intelligence, we can do cash flow predictions, we can monitor the behavior of payers, which have direct implications on the cash that you have to pay your suppliers," he said.

XML 110

XML Payer Checks Reconciliation 110

PYMNTS

JANUARY 2, 2019

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

Nanonets

DECEMBER 25, 2023

During this stage, payers scrutinize the claims for accuracy, coding standards adherence, and policy terms compliance. In this stage, payers issue payments to healthcare providers based on the agreed-upon terms and coverage. Fraud and abuse in claims processing can result in financial losses for both healthcare providers and payers.

AI 59

AI Process Payer Fraud Detection 59

Fintech Finance

FEBRUARY 5, 2025

The integration also enables merchants to scale — collections and payment reconciliation remain manageable, even as volumes grow in line with their customer base. For their part, payers can use IBP to make secure bank payments in seconds through a simple payment link.

Payer 52

Payer Payment Reconciliation CRM Service Provider 52

PYMNTS

OCTOBER 29, 2020

Stretching back to March and April, as the pandemic hit, the decline has been evident in daily, monthly and quarterly check order volumes. Lower business volumes translate, naturally, into lower check volumes. A temporary lull. McCarthy maintained that the platform digitizes the claims and payout process end to end.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

DECEMBER 26, 2018

Patent and Trademark Office, which describe the use of blockchain technology to enable high-volume B2B transactions and enable digital signatures on individual payments. In September, for instance, Mastercard filed several patent applications with the U.S.

Blockchain 80

Blockchain B2B Cross-Border Payments 80

PYMNTS

MAY 6, 2019

Though gross merchandise volume was off 2 percent year on year, total payments volume was up 35 percent (and where there was also double-digit growth seen for the company’s MercadoEnvios shipping service, at 19 percent). The payments volume was also much higher on an FX neutral basis to 83 percent growth to $5.6

Volume 46

Volume Payments Payer Assessments 46

PYMNTS

NOVEMBER 4, 2020

The process of validating invoices for payment is not a particularly complex one, but it is a challenge that grows more difficult as the number of purchase orders submitted and the volume of invoices received grows. But this isn't only a pain point for the payer side.

Audit 90

Audit B2B Automation Deepfake 90

PYMNTS

APRIL 12, 2018

According to Rankin, analysts estimate an 80 percent increase in the volume of mobile payments between 2015 and 2020. Bank and Mastercard, mobile payments can enhance security for corporate travelers and other business payers because the technology tokenizes payment data, reducing opportunities for card data theft and fraud.

Visa 46

Visa Commercial Card Payer Mobile Payments 46

PYMNTS

SEPTEMBER 10, 2019

The forum is a call to action for key industry stakeholders to tackle friction in the $125 trillion-worth of global payments volume flowing between businesses around the world. Today, some of the industry’s biggest players will converge in New York City at this year’s PYMNTS B2B Payments Executive Forum , with Visa as presenting sponsor.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

JANUARY 24, 2020

Collision repair shops’ insurance provider relationships mean receivables aren’t coming in from the same payer – or even at the same time, Rozint noted. Cash Inflow Complexity. “The insurance company is the one paying the repair facility, less the deductible.

Small Business 98

Small Business Payroll Returns Accounts 98

PYMNTS

NOVEMBER 26, 2018

In addition to the diversity of payment categories, he added that transaction sizes for small business payers emerged with another unexpected trend in electronic payments. percent of incoming payments volume for B2B vendors by 2020 — up just 1.5 percent from 2017 volume.

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

EBizCharge

MAY 8, 2024

ACH Credit Transactions: These transactions involve the payer initiating a payment and sending funds to the payee’s account. ACH Debit Transactions: Conversely, ACH debit transactions allow the payee to pull funds from the payer’s account with the payer’s authorization.

ACH 52

ACH Checks Process ACH Network 52

PYMNTS

NOVEMBER 19, 2019

The partnership will allow WEX to connect its corporate customers to Billtrust’s B2B payments services, which addresses friction for both corporate payers and the suppliers accepting payments. “We’re pleased to partner with Billtrust to solve for the ‘last mile’ of automated settlement and reconciliation.

B2B 51

B2B Payer NOV Reconciliation 51

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Commercial Card 81

Commercial Card B2B Visa Issuers 81