P2P payments

Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments

Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
April 24, 2024  |  Consumer Insights

Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
April 16, 2024  |  Earnings

Bank of America’s first quarter results took note of continued use of digital channels in banking — and for payments, too. The bank recorded 3.4...

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As Visa+ Comes to PayPal and Venmo, Interoperable Cross-Border Payments Gain Ground 
As Visa+ Comes to PayPal and Venmo, Interoperable Cross-Border Payments Gain Ground 
April 02, 2024  |  Cross-border Payments

Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress....

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Paypal and Venmo Begin Offering Visa+ P2P Payments
Paypal and Venmo Begin Offering Visa+ P2P Payments
April 02, 2024  |  Payment Methods

Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in...

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Bloxcross, GoDirectPay Partner on Cross-Border Payments App
Bloxcross, GoDirectPay Partner on Cross-Border Payments App
March 28, 2024  |  Cross-border Payments

Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from...

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DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
March 06, 2024  |  Partnerships

DailyPay has joined forces with Visa+ to offer millions of its users a more interoperable and efficient means to manage their earnings. For DailyPay users,...

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Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
March 06, 2024  |  Money Mobility

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience....

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