Six weeks after The Clearing House raised the transaction limit on real-time payments from $1 million to $10 million Feb. 9, transactions over $1 million accounted for 52% of the value of all U.S. real-time payments processed on the RTP® network by Bank of America....
Plaid now enables instant pay-ins as well as instant payouts via its flexible multi-rail payment platform, Plaid Transfer. 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...
Brazil’s central bank is reportedly set to launch the long-awaited recurring payments feature for its instant payment system Pix on June 16. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The global real-time payments landscape is advancing. Banks, platforms and retailers are launching new capabilities that make instant settlement a reality for businesses and consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Executives at financial institutions large and small know that faster payments are becoming a part of their strategic and competitive roadmaps. If they don’t offer instant fund flows, retail and commercial clients will vote with their feet and move their accounts to a competitor. Get...
Samsung Wallet in the U.S. now simplifies peer-to-peer (P2P) payments with the help of Visa Tap technology and the Visa Direct money movement solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Real-time payments are no longer a future prospect or an experimental innovation; they are the present reality and a fundamental expectation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Instant payments have entered the mainstream — but how, why and for whom financial institutions deploy them is anything but uniform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The speed of instant payments is a well-known attribute. 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,...
