Payments Source

MARCH 25, 2020

Mastercard is part of an expanding trend toward easing restrictions to entice consumers to choose contactless payments over cash and plastic during the coronavirus.

Transaction Limits 73

Transaction Limits Visa Contactless Payments Transactions 73

EBizCharge

MARCH 20, 2025

Integrating a payment gateway into Sage accounting software provides numerous advantages for merchants, including streamlined payment processes, improved cash flow, and enhanced security. These steps will help you optimize payment processing with fewer errors, faster collections, and secure transactions.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

Finextra

DECEMBER 4, 2024

The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million.

Transaction Limits 52

Transaction Limits RTP Transactions Instant Payments 52

Fintech News

MARCH 3, 2025

The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries. The service simplifies international money transfers, enabling direct transfers to overseas bank accounts or through these fast payment options.

Multi-Currency 94

Multi-Currency Cross-Border Payments Cross-Border Transaction Limits 94

Clearly Payments

MAY 13, 2025

But it’s also increasingly being used by merchants to accept payments. At Clearly Payments, we often get questions from business owners about how it works, how they can use it, and whether its a good fit for their operations. billion transactions, up from 1.2 It’s ideal for merchants who receive frequent payments.

Credit Cards 94

Credit Cards Online and Mobile Banking Settlement Processors 94

Fintech Finance

JULY 3, 2024

Zimpler , a leader in instant payment solutions, today announced a new technical partnership set-up with Swish , Sweden’s most used payment app. This synergy of fintech innovation and established banking networks sets a new standard for integrated payment solutions in the Nordic region.

Transaction Limits 105

Transaction Limits Payments Instant Payments Addressing 105

Payments Source

JUNE 2, 2020

American Express has added 26 Caribbean nations to the list of countries where it’s raised the ceiling on contactless transactions that may be conducted without PINs, to reduce consumers’ exposure to touching PIN pads.

Transaction Limits 72

Transaction Limits Transactions Consumer Payment Networks 72

The Paypers

MARCH 11, 2024

Ant Group , the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.

Transaction Limits 41

Transaction Limits Transactions Mobile Payments FinTech 41

NFCW

JUNE 27, 2024

To use the service, the merchant enters the transaction amount in the usual way and the customer then taps their contactless card to the merchant’s payment terminal. If the amount is over €50, they will then be prompted to enter their PIN so that the transaction can then be authorized.

Contactless Payments 103

Contactless Payments Transaction Limits Payments Payment Networks 103

Payments Source

APRIL 28, 2020

Barclays has experienced an incremental £264 million (about $330 million) in contactless spend in the month since it raised its per-transaction limit in response to the coronavirus pandemic, which has created an aversion to cash and contact payments.

Contactless Payments 97

Contactless Payments Volume Transaction Limits Payments 97

Fintech News

AUGUST 7, 2024

Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong has reiterated the Monetary Authority of Singapore’s (MAS) ongoing efforts to combat cross-border payments scams. Key among these measures are a default transaction notification threshold of S$100 or lower and a daily transaction limit of no more than S$1,000.

Cross-Border Payments 107

Cross-Border Payments Cross-Border Scams Transaction Limits 107

PYMNTS

MARCH 23, 2020

Finance, a trade association representing the payments and finance industry, announced in a press release that the U.K. On this basis we fully support the increased contactless limit here in the U.K. The change was made in order to make sure people have less physical contact with payment machines as they navigate life.

Transaction Limits 56

Transaction Limits Transactions Contactless Payments Visa 56

The Fintech Times

JANUARY 20, 2025

It has been a busy first month of the year for the certified payment technology provider, DECTA as it announces a new partnership with Urbo Bank and achieves an EMV 3DS 2.3.1.1 To achieve this, a reliable payment processor is required to handle the entire card-issuing process. Certification.

EMV 59

EMV Payment APIs and Integration Authentication Processors 59

NFCW

JANUARY 16, 2024

The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.

Contactless Payments 122

Contactless Payments Research Consumer Central Bank 122

The Paypers

MARCH 27, 2020

The European Banking Authority (EBA) has issued a statement urging the European payments industry to increase contactless transaction limits to EUR 50 (USD 54.97).

Transaction Limits 39

Transaction Limits Transactions Authorization Payments 39

Finextra

MARCH 8, 2024

In response to China's new policies to facilitate international visits, Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from USD 1000 to USD 5000; and annual cumulative transaction limit up from USD 10,000 to USD 50,000.

Transaction Limits 45

Transaction Limits Cross-Border Payments Cross-Border Transactions 45

The Fintech Times

APRIL 27, 2025

Instant payments are becoming significantly more attractive for US banks finds RedCompass Labs , the payments experts, as it finds that 84 per cent of US banks say the new $10million Real-Time Payment (RTP) network limit and $500,000 FedNow cap are a good thing. The report also reveals significant concerns around fraud.

RTP 45

RTP FedNow Instant Payments Payee 45

Finovate

NOVEMBER 14, 2024

Payfinia has launched a new Credit Union Service Organization (CUSO) to help credit unions modernize their payments experience. Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. Each transaction settled in less than five seconds.

Credit Union 59

Credit Union Same Day ACH Credit Union Service Organization FedNow 59

The Paypers

APRIL 6, 2021

Nacha has announced that the Same Day ACH payments transaction limit will be increased to USD 1 million.

Same Day ACH 34

Same Day ACH Transaction Limits ACH NACHA 34

Fintech News

NOVEMBER 12, 2024

In joint accounts, parents retain full control over account operations, while sole-name accounts for minors have stricter safeguards, such as lower daily transaction limits of S$50 to S$100, which parents can adjust. Such accounts aim to instill financial management skills in children while providing a controlled environment.

Accounts 105

Accounts Financial Literacy Transaction Limits Scams 105

The Payments Association

FEBRUARY 10, 2025

Navigating AML obligations in the age of virtual IBANs February 10 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Why is it important? What’s next?

IBAN 88

IBAN AML Master Account Due Diligence 88

PYMNTS

JANUARY 28, 2020

When it comes to payment rail innovation, transaction speed is often the catalyst driving change. ’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. Same-Day Boosts ACH Adoption.

Same Day ACH 79

Same Day ACH RTP NACHA ACH 79

Payments Source

JANUARY 23, 2020

In a move to increase the attractiveness of its Real-Time Payment (RTP) network, The Clearing House is raising the transactional limit for single payments to $100,000 starting February 1, 2020.

Real Time Payments 63

Real Time Payments RTP Transaction Limits Payments 63

PYMNTS

JANUARY 12, 2021

If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices. 11) that it had partnered with NMI and Global Payments to launch a pilot for new cloud-based point of sale technology. billion transactions annually.

Contactless Payments 99

Contactless Payments Visa Payment Gateways Payments 99

The Paypers

APRIL 29, 2025

Findings from RedCompass Labs have indicated that the increasing transaction limits of RTP and FedNow are making instant payments more appealing to banks in the US.

RTP 48

RTP FedNow Instant Payments Transaction Limits 48

Stax

JUNE 27, 2024

As a business owner, you engage in many daily transactions, from receiving customer payments to paying your bills and suppliers. But cash and checks are rapidly declining as preferred modes of payment. Brainy Insights valued the digital payments market at $102.60 billion in 2022 and estimated it to reach $510.30

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Payment Savvy

JUNE 7, 2023

When looking for a new payment method for business, Venmo may not be the first option to spring to mind. After all, what does a peer-to-peer payment app have to do with business-related payments? Venmo can also be used by companies to provide their customers with yet another convenient payment option. How does it work?

Venmo 98

Venmo Transaction Limits Accounts Transactions 98

Clearly Payments

MAY 1, 2025

But they also have a ripple effect that extends to merchants pricing strategies, customer behavior, and yes, even how payments are processed. Heres how tariffs are quietly influencing the payments landscape and what merchants can do about it. Will Tariffs Increase Payment Processing Fees? Not directly.

Credit Cards 66

Credit Cards Process Cross-Border Disputes 66

Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has announced a series of updates, including an increase in the transaction limit for the Unified Payments Interface (UPI), particularly for payments related to medical and educational services. In addition, the Governor informed that the RBI has revised its approach to electronic mandates.

FinTech 107

FinTech Transaction Limits Central Bank Privacy 107

FICO

FEBRUARY 19, 2020

The Clearing House Association announced in January 2020 that on February 1 st the limit for a single transaction using their RTP scheme will increase from it’s current $25,000 to $100,000. US payment schemes operate in a uniquely competitive environment. How RealTime Payments Impact Financial Crime.

Real Time Payments 92

Real Time Payments Financial Crimes Crime Account Takeovers 92

PYMNTS

JULY 31, 2019

According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. international transactions per capita every year, up from 0.5 So, why do cross-border payments present so many challenges? Canadian payments network Interac is also investing in blockchain and DLT solutions.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

PYMNTS

DECEMBER 4, 2020

But for payments, the new year will dawn with a combination of disruption and innovation. As companies seek to find new ways to embrace the digital age, payments must be an embedded part of the process — but not a friction-filled one, Webster and Blair agreed. We’ll be happy, all of us, to leave 2020 in the rearview mirror.

Embedded Payments 74

Embedded Payments Payments Push-to-Card B2B 74

The Payments Association

MARCH 10, 2025

Merchant category codes (MCCs) are more than just numbers assigned to your businessthey shape how banks, payment processors, and card networks treat your transactions. Why MCC codes matter for merchants and banks MCC codes are essential because: Banks use MCCs to assess transaction risk.

Fraud Prevention 88

Fraud Prevention Processors Disputes Compliance 88

Fintech Finance

OCTOBER 11, 2024

America First Credit Union has partnered with technology leader Diebold Nixdorf (NYSE: DBD) to modernize and improve its payment transactions and ATM offerings — including being the first credit union to implement next-generation cloud-native technology that powers enhanced member experiences.

Credit Union 98

Credit Union ATM Transaction Limits Transactions 98

PYMNTS

JULY 15, 2019

The Xoom expansion, King said, should be placed amid the larger context of estimates by the World Bank that as much as $700 billion annually will change hands in P2P remittance transactions. When adding other payment types and wire transfers, that brings cross-border transactions into the trillions of dollars.

PayPal 80

PayPal Cross-Border Transaction Limits P2P 80

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States.

Instant Payments 75

Instant Payments Fed FedNow Interbank Settlement 75

PYMNTS

OCTOBER 22, 2018

A sense of control and security goes a long way toward building confidence, and that’s especially true in payments and commerce. 22) that involves mobile payment services provider Ondot Systems and Citi Ventures. 22) that involves mobile payment services provider Ondot Systems and Citi Ventures. More Mobile Management.

Mobile Payments 69

Mobile Payments Consumer Online and Mobile Banking Payment APIs and Integration 69