Payment Methods

Payment Methods
Money Mobility Underpins the Ongoing Evolution of Commerce ‘Mini-Ecosystems’
January 18, 2024

Ingo Payments CEO Drew Edwards told Karen Webster in an interview that the incentive and technologies are there for forward-thinking companies and firms enabling money mobility (including Ingo) to create their own ecosystems and keep money flowing within them. To clarify, Edwards noted the traditional...

Payment Methods
Event Management Platform Eventbrite Adds Instant Payouts, Tap to Pay
January 16, 2024

Eventbrite has added Instant Payouts and Tap to Pay to its event management and ticketing platform. These features aim to provide event organizers with enhanced financial flexibility and operational efficiency, the company said in a Tuesday (Jan. 16) press release. Instant Payouts and Tap to...

Payment Methods
PayFacs Expect Half of Their 2024 Revenues to Come From Value-Added Services
January 16, 2024

In today’s fast-paced digital world, companies across various industries are recognizing the importance of improving customers’ payments experiences. Many firms are turning to embedded payments, efficient and high-functioning payment solutions integrated into platforms, as a solution to enhance user satisfaction and create new revenue streams....

Payment Methods
Treasurers Look to Their Bankers to Co-Create Embedded Payments Solutions
January 12, 2024

Debopama Sen, head of payments, Citi Services, and Biswarup Chatterjee, head of partnerships and innovation, Citi Services, told Karen Webster that when it comes to payments, banks must offer choice, speed and transparency to their enterprise clients. Otherwise, they risk losing business to digital upstarts...

Payment Methods
4 in 10 Consumers Would Start Using Pay-by-Bank If Perks Were Offered
January 09, 2024

Pay by bank, also known as account-to-account (A2A) payments, is gaining in popularity. More consumers are turning to this payment method to shop, pay their bills or for peer-to-peer transfers because of its fast and convenient nature. Despite this, only a third of U.S. consumers...

Payment Methods
Beyond Faster Transfers: How Payment Modernization Shapes Customer Experiences
January 08, 2024

The payments ecosystem remains a highly fragmented one as we enter the new year. On the one side, specialized platforms serve different use cases; on the other, universal platforms cater to broader organizational needs. This fragmentation provides businesses with numerous options but can also make...

Payment Methods
Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
January 04, 2024

Account-to-account (A2A) payments, also known as pay by bank, involve the transfer of funds between bank accounts, often in real-time. Unlike traditional card networks, these payments circumvent intermediaries, offering a more direct and cheaper method to make transactions. One of the main advantages of A2A...

Payment Methods
65% of Marketplaces Without Payment Capabilities Plan to Add Them
December 28, 2023

Companies across industries are adopting or enhancing embedded payments as a way to improve the customer experience and create new sources of revenue. Among the marketplaces and independent software vendors (ISVs) that don’t currently offer payment capabilities, 65% plan to add embedded financial products for...

Payment Methods
84% of Consumers Like Pay-by-Bank Despite Adoption Hurdles
December 28, 2023

Account-to-account (A2A) transfers, also known as pay-by-bank, have emerged as a convenient alternative to traditional transaction methods like credit and debit cards. By transferring money between bank accounts, this payment method bypasses traditional card networks, providing a more direct and cost-effective way to facilitate transactions....