P2P payments

GoFundMe Allows Venmo Payments to Speed Maui Wildfire Relief
GoFundMe Allows Venmo Payments to Speed Maui Wildfire Relief
August 24, 2023  |  Digital Payments

GoFundMe says it has added Venmo as a payment method to speed fundraiser donations. “Sixty-one percent of donors are most likely to hear about causes through word of...

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P2P Transaction Volume Up 25% as Firms Rush to the Space
P2P Transaction Volume Up 25% as Firms Rush to the Space
August 09, 2023  |  Payment Methods

Peer-to-peer (P2P) payments, a long-standing vehicle for transactions between consumers, has evolved recently into usage between merchants and consumers as well. The steady growth of...

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FinTechs See Higher Money Mobility Scores but Lag in P2P Speed
FinTechs See Higher Money Mobility Scores but Lag in P2P Speed
July 20, 2023  |  Payment Methods

As FedNow finally coming online generates a mix of reactions, money mobility generally — and instant payments specifically — have never been more in the spotlight. While...

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Discover Says Debit’s Resilience Drives New Payments Opportunities
Discover Says Debit’s Resilience Drives New Payments Opportunities
February 03, 2023  |  Payment Methods

“Consumer behavior has a tendency to be very durable.” David Schneider, president of PULSE®, part of Discover® Global Network, acknowledged to Karen Webster that we’ve...

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Citizens Makes Zelle Available to Businesses Through Mobile Banking App
Citizens Makes Zelle Available to Businesses Through Mobile Banking App
February 01, 2023  |  B2B Payments

Citizens is now making Zelle available to small business customers through its mobile banking app. The financial institution said in a Wednesday (Feb. 1) press...

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Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
January 24, 2023  |  Consumer Finance

Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user...

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IRS Punts on 1099-K Wage Threshold
IRS Punts on 1099-K Wage Threshold
December 23, 2022  |  Taxes

The Internal Revenue Service (IRS) has delayed implementing a lower threshold for the 1099-K form.  In a Friday (Dec. 23) press release, the agency said that the lower...

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Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
December 09, 2022  |  Payment Methods

By any measure, instant payments and QR codes have been a phenomenal success in Brazil. Patrick Devlin, president of Brazilian FinTech Matera, told PYMNTS’ Karen...

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What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
December 05, 2022  |  Technology

With the new year comes new expectations for FinTech firms. The hype cycle of 2021 has resolved — dissolved might be the better word — in the...

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