P2P payments

Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
April 16, 2024  |  Earnings

Bank of America’s first quarter results took note of continued use of digital channels in banking — and for payments, too. The bank recorded 3.4...

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As Visa+ Comes to PayPal and Venmo, Interoperable Cross-Border Payments Gain Ground 
As Visa+ Comes to PayPal and Venmo, Interoperable Cross-Border Payments Gain Ground 
April 02, 2024  |  Cross-border Payments

Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress....

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Paypal and Venmo Begin Offering Visa+ P2P Payments
Paypal and Venmo Begin Offering Visa+ P2P Payments
April 02, 2024  |  Payment Methods

Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in...

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Bloxcross, GoDirectPay Partner on Cross-Border Payments App
Bloxcross, GoDirectPay Partner on Cross-Border Payments App
March 28, 2024  |  Cross-border Payments

Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from...

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DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
March 06, 2024  |  Partnerships

DailyPay has joined forces with Visa+ to offer millions of its users a more interoperable and efficient means to manage their earnings. For DailyPay users,...

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Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
March 06, 2024  |  Money Mobility

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience....

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APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
February 06, 2024  |  Security & Fraud

The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated...

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The Clearing House Says Mastercard Partnership Fosters Pay by Bank and Other Innovations
The Clearing House Says Mastercard Partnership Fosters Pay by Bank and Other Innovations
January 25, 2024  |  Real-Time Payments

Innovation begets further innovation.  And the emergence and adoption of real-time payment rails represent a significant advancement in the U.S. payment infrastructure, transforming the way...

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