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

Adyen Teams With Flywire To Advance Vertical Payments Worldwide

Adyen Teams With Flywire To Advance Vertical Payments Worldwide
Adyen Teams With Flywire To Advance Vertical Payments Worldwide
December 17, 2020  |  Payment Methods

Global payments platform Adyen is teaming up with the vertical payments startup Flywire to support the expansion of payments and receivables around the globe. Get...

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Real-Time Innovators Bring Data To Corporates
Real-Time Innovators Bring Data To Corporates
December 15, 2020  |  B2B Payments

Real-time rails continue to gain traction as solution providers debut new tools wielding existing instant payment infrastructure to enhance their offerings to business customers. Get...

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Visa Says Frictionless B2B Payments Are The Future; Rails Must Adapt To New Use Cases
Visa Says Frictionless B2B Payments Are The Future; Rails Must Adapt To New Use Cases
December 09, 2020  |  Payment Methods

In payments, speed is everything. So, it’s no surprise that in a fireside chat with PYMNTS Karen Webster, Visa’s Alan Koenigsberg, global head of new...

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Walmart’s Flipkart Planning To Spin Out Mobile Payments Arm PhonePe 
Walmart’s Flipkart Planning To Spin Out Mobile Payments Arm PhonePe 
December 03, 2020  |  Payment Methods

Walmart-owned Indian eCommerce business Flipkart is planning to sell off a percentage of its digital payments division PhonePe in an effort to facilitate funding for expansion. ...

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SWIFT gpi Instant Goes Live In The UK
SWIFT gpi Instant Goes Live In The UK
December 02, 2020  |  Faster Payments

Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. Get the Full Story Complete the...

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Non-Banks In Singapore To Get Access To Real-Time Payment Rails
Non-Banks In Singapore To Get Access To Real-Time Payment Rails
November 30, 2020  |  International

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary...

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion
Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion
November 23, 2020  |  Financial Inclusion

Blockchain and a bank charter might do much to boost financial inclusion. Get the Full Story Complete the form to unlock this article and enjoy...

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Deep Dive: How Prepaid Cards Support Faster, More Accessible Employee Compensation
Deep Dive: How Prepaid Cards Support Faster, More Accessible Employee Compensation
November 20, 2020  |  Smarter Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Real Time Heats Up In B2B, While Blockchain Gains Traction
Real Time Heats Up In B2B, While Blockchain Gains Traction
November 19, 2020  |  B2B Payments

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster...

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