NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase from the third quarter of last year. In a press release, NACHA said the performance was...
A white paper has revealed a master plan to replace the U.S.’s Automated Clearing House (ACH) network. 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...
Checks, despite their near extinction in consumer payments, remain alive and well when it comes to businesses paying each other. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Grab, the ride-hailing company out of Southeast Asia, and Mastercard, the payment company, announced on Wednesday (Oct. 24) a partnership to issue prepaid cards tailored to the Southeast Asian market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Synchrony Financial‘s run as the exclusive credit card issuer for Walmart came to an end in July, with reports that Walmart decided this past summer to switch to Capital One Financial. According to a report in The Wall Street Journal, citing people familiar with the...
A sense of control and security goes a long way toward building confidence, and that’s especially true in payments and commerce. Make consumers feel as though they are in charge, and give them more transparency into their personal payment transactions, and you might not only...
Worldpay, the payment technology company, announced Tuesday (Oct. 16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in the U.K. Get the Full Story Complete the form to unlock this article and enjoy...
PayPal said Thursday that it is teaming up with Walmart to deliver financial services to joint customers, allowing them to access cash at the retailer’s stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of...
