payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

New Payment Rails Take On Real-Time B2B Friction
New Payment Rails Take On Real-Time B2B Friction
February 11, 2020  |  B2B Payments

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments, with B2B payments showcasing a surge in adoption of...

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Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
February 05, 2020  |  Payment Methods

Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers...

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Commercial Cards: It’s All About The Data
Commercial Cards: It’s All About The Data
February 04, 2020  |  B2B Payments

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest...

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The Acceleration Of Payment Rails, Old And New
The Acceleration Of Payment Rails, Old And New
January 28, 2020  |  B2B Payments

When it comes to payment rail innovation, transaction speed is often the catalyst driving change. This week’s examination of the latest innovation initiatives finds this...

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Payment Tools Find Middle Ground Between Buyer, Supplier
Payment Tools Find Middle Ground Between Buyer, Supplier
January 23, 2020  |  B2B Payments

As more accounts receivable (AR) and accounts payable (AP) solution providers consider the other side of a B2B transaction, businesses increasingly discover that payment methods...

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Payment Rail Innovation Tops B2B’s Year Of Disruption
Payment Rail Innovation Tops B2B’s Year Of Disruption
December 30, 2019  |  B2B Payments

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands...

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Building Better Payment Rails With Banks In Mind
Building Better Payment Rails With Banks In Mind
December 20, 2019  |  B2B Payments

To move a B2B transaction from one market to another, the global interbanking system is far from a perfect strategy, though it remains the standard...

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Payment Rails Search For Harmony In B2B Payments
Payment Rails Search For Harmony In B2B Payments
December 18, 2019  |  B2B Payments

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Get the...

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RTP: Achieving Ubiquity Without A Mandate
RTP: Achieving Ubiquity Without A Mandate
December 12, 2019  |  B2B Payments

Though the U.S. continues to take significant steps toward a faster payments ecosystem, the market undoubtedly lags behind others across the world in the path toward...

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