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

Today In Data: The Rapid Growth Of Real-Time Payments

Today In Data: The Rapid Growth Of Real-Time Payments
Today In Data: The Rapid Growth Of Real-Time Payments
November 07, 2018  |  Today In Data

New technologies are enabling consumers and business to experience faster payments than ever before: While only 25 real-time payment systems were operational worldwide last year, 40 such...

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How Small Businesses Ride Their Payment Rails
How Small Businesses Ride Their Payment Rails
November 05, 2018  |  B2B Payments

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key...

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Deep Dive: A Blockchain-Based Payment Rail?
Deep Dive: A Blockchain-Based Payment Rail?
September 04, 2018  |  Smarter Payments

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Searching For Payments Infrastructure Ubiquity
Searching For Payments Infrastructure Ubiquity
August 31, 2018  |  Smarter Payments

Making payments move faster cross-border is something of an old refrain. But Manish Kohli, Citi’s Treasury and Trade Solutions head, says speed is only as...

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Why Payment Rails Need More Than Just Speed
Why Payment Rails Need More Than Just Speed
August 30, 2018  |  Smarter Payments

In the financial services sector, payment rail networks are a valuable resource for quickly moving and settling payments between parties. As more companies go global...

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NEW REPORT: Citi On The Need For X-Border Payments Speed
NEW REPORT: Citi On The Need For X-Border Payments Speed
August 30, 2018  |  Smarter Payments

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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
August 07, 2018  |  B2B Payments

The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad. The corporate and...

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