Same Day ACH and B2B payments on the ACH Network each saw double-digit growth in volume in 2023. These segments made these gains during a year in which the ACH Network overall saw payment volume rise 4.8% compared to 2022, according to a Wednesday (Feb....
Cory Barnes, senior product manager at Form3, told PYMNTS that instant payments can reach their full potential only when far-flung systems are truly in sync and interoperable. “The expectation with instant payments is that they are frictionless,” he said. “It’s all about the end user.”...
As companies increasingly set their sights on international markets, the need for a comprehensive understanding of the principles guiding global expansion is becoming increasingly essential. Juan Franco, senior vice president of eCommerce for the Asia-Pacific (APAC) region at Nuvei, highlighted some of these factors in...
In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and deposited into their accounts without delay. When payouts are sent to a credit card or bank account, they are typically...
AtoB CEO Vignan Velivela told Karen Webster that slow payments represent a “silent tax” on fleet management in general, and on the truckers behind the wheel, specifically. Paper checks still dominate and are still the primary means of getting short- and long-haul drivers paid. Payroll...
Ad hoc payments, which are irregular payments made outside of normal invoicing and payroll processes, can be a hassle for enterprises. However, a survey revealed that instant payment methods offer a viable solution to streamline these payments. The PYMNTS Intelligence report “Streamlining Ad Hoc Payments...
The online gambling industry has witnessed remarkable growth in recent years, fueled in part by the pandemic-induced closure of physical casinos. As a result, more players have turned to online platforms for their gambling activities. However, one of the most common grievances among gamblers is...
French payment infrastructure provider Mangopay has teamed with Storfund to help sellers get paid faster. The company announced its collaboration with the British FinTech in a news release Tuesday (Jan. 16), saying it would let marketplace sellers eliminate the typical 10 to 30-day wait for payment for their sales, and instead...
Corporate payouts platform Onbe has teamed with TimeForge to help restaurant workers get tipped faster. The partnership will see Onbe combine its digital payout offering with TimeForge’s tip tracking solution to turn the “cash-heavy” tip payout process into a digital experience, the companies announced in a news release Thursday...
