The same-day ACH payment limit is scheduled to increase tenfold — to $1 million from $100,000 — on March 18, 2022, according to a Monday (April 5) announcement by the group that oversees the network. Get the Full Story Complete the form to unlock this article...
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The European Central Bank (ECB) said it could introduce a digital currency sometime this decade but it will take a few years to launch it properly, Bloomberg reported on Wednesday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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COVID-19 has dramatically increased reliance on real-time and digital payments, leading to a 41 percent surge in real-time payment transactions from 2019 to 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
“The check is in the mail.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Citizens of Shanghai and Beijing can now apply to one of a collection of Chinese banks for a digital yuan wallet, Decrypt reported Friday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay and Tencent Holdings’ WeChat Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...