More and more consumers now expect their last-minute bill payments to be credited to their accounts with near instantaneous effect. And, increasingly, billers and processors are meeting that expectation?or at least laying plans to. “The trend is toward real-time [bill payment],” says Dave Fortney, senior vice president for electronic presentment …

Some 74% of consumers would be willing to spend about $960 more per year on music, games, subscriptions, and other digital content online if they could use a form of payment that's safer and more convenient than a credit or debit card, a survey released Tuesday reveals. Given current estimates …

Webpay Inc.'s Click&Buy payment service, which handles largely digital-content sales, will begin processing transactions on consumers' phone bills April 1. The service will work with two so-far unnamed telecommunications carriers that together cover 55% of U.S. land-line subscribers, says Fabian G. Siegel, president and chief executive of Webpay, which has …

Fiserv Inc. is buying electronic bill-payment processor BillMatrix Corp. in a $350-million deal expected to close by Sept. 30. Dallas-based BillMatrix processes payments on cards and through the automated clearing house for more than 120 clients, among them utilities, insurers, lenders, and phone carriers. It is a pioneer in the …

Chase Merchant Services LLC has launched a processing and consulting arm aimed at helping billers set up and manage bill-payment services. In a press briefing today, Chase executives stressed the new service, called BillPay Recurring Biller Solutions, would embrace cards as well as alternative payment types such as the automated …

A payment service that allows Internet content and service providers to bill their customers via their phone bill has been gaining momentum. Although San Jose, Calif.-based PaymentOne, a billing service for 50 large Internet service companies, provides those companies with six different payment options, the PhoneBill choice is being used …

Empower Your Business with Seamless Transactions In today’s digital ecosystem, software companies have a wide range of options to create unique payment experience for consumers. Recently, payment facilitation has been an increasingly popular choice for business owners when it comes to accepting payments. Instead of each business needing to establish …

Federal regulation is coming to payments apps offered by the country’s biggest tech companies. The Consumer Financial Protection Bureau said early Thursday it has “finalized” a rule that will regulate wallets and digital money transfers offered through payments services such as those of Apple Inc., Block Inc., Google LLC, and …

Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon With retail sales predictions clocking in at $1.59 trillion for this year’s holiday season[i], it’s a good time to reflect on how you can support and help your merchants meet this demand while maximizing …

Authorized push payment fraud could reach $7.6 billion in six markets, ACI Worldwide Inc. says in its latest Scamscope report. Released Wednesday, the report looks at APP fraud in the United States, United Kingdom, India, Brazil, Australia, and the United Arab Emirates, all markets with real-time payments. APP fraud happens …