Friday , November 22, 2024

Search Results for: real time payments

Dash’s Visa Real-Time Deal and other Digital Transactions News briefs from 6/12/24

Payments platform Dash Solutions has expanded an agreement with Visa Inc. to include a capability for Dash users to send real-time payments to cards, bank accounts, and mobile wallets using Visa Direct, Visa’s faster-payments platform. The payments fintech Bread Financial said its Comenity Capital Bank will issue Saks Fifth Avenue’s World Elite Mastercard and …

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Eye on POS: With Cheq, Cantaloupe Furthers Its Push Into Sports Venues; InterPayments Launches Surcharging Tech

Cantaloupe Inc. announced early Tuesday it will install its Cheq point-of-sale platform at professional soccer club Detroit City FC’s home stadium for all games and live events. Cantaloupe will begin providing POS services at the stadium in June as part of a multi-year deal. The deal builds on Cantaloupe’s acquisition …

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Is it Time for Pay-By-Bank at Retail?

Consumers and merchants may be primed for it. New technology, consumer affinity for digital payments, and the allure of cheaper payment processing may be setting the stage for broader use of pay by bank in the United States. Paying by a bank account is not unfamiliar to most consumers. Already, …

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Visa Revamps its Payments Approach

Visa Inc. is taking up the notion of a digital payment identity and making it part of its product mix. Announced Wednesday at the Visa Payments Forum in San Francisco, the Visa Flexible Credential is but one of several products the payments network formally debuted, including broader tap-to-pay capabilities, a …

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Consumers And Businesses Are Embracing Instant Payments, a Fed Study Says

Consumers and businesses are embracing instant-payment options for such transactions as bill payment, mobile-wallet funding and defunding, account-to-account transfers, and immediate payroll for employees, the Federal Reserve says. A pair of studies surveying businesses and consumers about instant payments and the payments landscape, released late Monday by the Fed, reveals …

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The Vacation From Reality Is Over

Real-world living can be a hard, grinding affair, but sometimes some folks are granted what we might call a “holiday” from reality—a chance to escape from the cares of everyday living, brought on, perhaps, by a big raise, a winning lottery ticket, or a substantial inheritance from dearly departed Aunt …

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Super Apps, Embedded Finance, And the Future of Payments

For Payfacs and ISVs, the all-in-one platform is becoming essential for survival. You don’t need me to tell you the world is changing rapidly. The expectations held by consumers and businesses are skyrocketing, and the race to meet those expectations will bring us to a whole new level of service …

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16th Annual Field Guide to Innovative Payments

It’s May, and that means it’s time for our annual exercise to seek out and describe the payments players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Capital One Financial Corp.’s bombshell announcement in February that it is offering to acquire Discover …

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Time Will Tell on How Soon Pay by Bank Goes Mainstream

Open banking, the ability for third-party developers to access financial data in traditional banking systems, as defined by Stripe Inc., may provide one component for a new payment type, at least one that has limited use today. Pay by bank, a payment method that enables an online payment without the …

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Mastercard’s Real-Time Canada Move and other Digital Transactions News briefs from 4/15/24

Mastercard Inc. said it is working with payments-technology platform VoPay to offer what the partners say will be near-real-time money-movement service in Canada. The service relies on Mastercard Move, a set of funds-transfer options. The Merchants Payment Coalition, which advocates for passage of the Credit Card Competition Act, cited the recent profits …

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Digital Transactions