Automated Clearing House

To make cryptocurrency more accessible to the general public, BitPay Inc. on Tuesday announced a limited-time promotion with Simplex, a fiat-to-cryptocurrency gateway, to waive fees when BitPay wallet users purchase crypto using a credit or debit card. BitPay wallet users can buy the currency using the BitPay debit card or …

Building on the concept of transferring money directly from a bank account to a debit card, Astra Inc., a provider of bank-to-bank transfer technology, has introduced an application programming interface that enables money to be transferred from one debit card to another using the debit card networks.  The API, which …

Building on its strategy of enabling businesses to offer more, and speedier, options when it comes to disbursements, digital payments firm KyckGlobal Inc. is partnering with ACI Worldwide Inc. The partnership will enable businesses to initiate payments, such as refunds or insurance claims, to consumers through PayPal, Venmo, ACH, prepaid …

Celero Commerce said it acquired Everest Payment Solutions. Terms were not disclosed. With Everest, Celero will serve more than 45,000 merchants that process more than $18 billion in annual card volume.Digital ordering and payments technology, which gained prominence with the pandemic, has made customers more impatient, with 64% indicating they won’t …

As real-time payments cements itself as a payments fixture, bank processors are enthusiastically signing new clients to provide the speedy payment service. Financial-institution processor Jack Henry & Associates Inc., in particular, has been enrolling merchants at a rapid pace in The Clearing House Payment Co. LLC’s Real Time Payments network. …

Hyper growth in e-commerce has lifted many processors over the past 18 months, but some are also benefiting from a diverse array of payment methods and clients. This group includes Paya Holdings Inc., which Friday morning reported a nearly 28% year-over-year increase in payment volume for its third quarter ended …

Driven by a surge in business-to-business and health-care claims payments, transactions on the nation’s automated clearing house network swelled 7.7% year-over-year in the third quarter, according to Nacha, the organization that governs the network. Transactions totaled 7.3 billion, up by 520 million, while dollar volume totaled $18.1 trillion, a 13/8% …

As part of its strategy to automate payouts for health-care and property-and-casualty carriers, Echo Health Inc., a provider of payment technology to insurance carriers, is partnering with KyckGlobal Inc. to enable claimants to receive payments digitally through PayPal, Venmo, push to card through Visa Direct, and the automated clearing house. …

Payments provider Datacap Systems Inc. is partnering with iStream Financial Services to add support for automated clearing house payments processing through Datacap’s NETePay payments platform and using Datacap’s PayAPI application programming interface. Datacap acquired the NETePay hosted payment gateway from Octopi (formerly Monetary.co) in 2019. The deal with iStream will enable …

The opportunity in online wagering, sometimes called iGaming, is attracting a wide array of payments providers as they adapt their online payments-processing capabilities for this emerging market. On Monday, PayNearMe Inc. launched MoneyLine, a service intended to make it easier for players to receive payouts and make deposits into their …