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EVO Taps Visa Direct for Merchant Funding; Sam’s Club Scan & Go Fuel Goes National; Plus Weekly Recap
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EVO’s Turn to Visa Direct Casts a Spotlight on the Potential for Real-Time Merchant Settlement
Real-time payment flows are coming to processor settlements with merchants as Visa Inc. enlarges the market for its Visa Direct push-payment service. The latest development emerged this week with EVO Payments Inc.’s launch of EVO Direct Deposit, a service that relies on Visa Direct to credit U.S. merchant accounts. The …
Read More »New PCI Contactless Spec Released; MoneyGram Takes Visa Direct Overseas; X9 To Reboot PKI
MoneyGram’s Launch of Visa Direct Overseas Spotlights Visa’s Strategy for Cross-Border Payments
Visa Inc. is working fast to expand its foothold in cross-border remittances, a relatively new market for the card network. On Wednesday, MoneyGram International Inc. announced it is the first remittance service to allow international transfers that rely on Visa Direct, a push-payment service that enables real-time transfers to holders …
Read More »Visa Direct Comes to QuickBooks; Libra Attracts Supporters; Mercator Releases Prepaid Card Report
Intuit To Bring More Small And Mid-Sized Businesses to Visa Direct
Small and mid-sized businesses using Intuit Inc.’s QuickBooks accounting software and payment-processing service will be able to get funds faster through Visa Inc.’s Visa Direct service, the companies announced Wednesday. Mountain View, Calif.-based Intuit rolled out Instant Deposit for its SMB customers using QuickBooks Payments. Instant Deposit uses the Visa …
Read More »PayPal Launches Instant Transfer in Canada Using Visa Direct
PayPal Holdings Inc. added Instant Transfer capability for individuals and small businesses in Canada. The move relies on Visa Direct, a real-time push-payments service. Announced Tuesday, the service can move money from a PayPal account to a bank account via a Visa debit card. All transfers are subject to a …
Read More »Hacked Patient Data Already for Sale; Glance’s Pay-at-the-Table Feat; Western Union Adds Visa Direct
Western Union Adds Visa Direct and other Digital Transactions News briefs from 6/5/19
The Western Union Co. said it will enable Visa Inc.’s Visa Direct real-time push-payment service. The move follows the remittance-processing company’s announcement in late 2017 that it would adopt Mastercard Inc.’s rival service, Mastercard Send. Merchant processor VizyPay launched a program called Cash Discount 2.0, which calls for merchants to …
Read More »C-Store Acceptance Costs Rise; Gen Z’s Affection for E-Gift Cards; Checkbook Enlists Visa Direct
