Anatomy Of A Consumer Payment

Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to settle from these different payment channels. In the latest Anatomy Of A Consumer Payment Playbook, DJ Seeterlin, chief information officer for Chesapeake Bank, explains why financial institutions (FIs) must create a one-stop payments platform for merchants to unlock instant access to funds.
Inside The February Playbook
  • An interview with DJ Seeterlin, chief information officer at Chesapeake Bank, on how real-time payment rails can allow merchants to seamlessly support various consumer payment methods as well as the role that banks play in facilitating them
  • Recent trends in the consumer payments space, including how Nacha is aiming to educate smaller businesses about ACH payments’ advantages and why card network Mastercard is tapping cloud technologies for speedier payments
  • A Deep Dive examining how emerging payment rails can help merchants stay on top of consumer spending and payment shifts and allow them to create connected, seamless experiences for consumers

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    FIS Anatomy of a Consumer Payment Report Series

    Anatomy Of A Consumer Payment
    Anatomy Of A Consumer Payment
    Anatomy Of A Consumer Payment
    Anatomy Of A Consumer Payment
    Anatomy Of A Consumer Payment