Thursday , November 14, 2024

Search Results for: p2p

Biller Sites Are Running the Table When It Comes to Bill Pay

In the battle over online bill payments, biller sites have been beating bank and third-party sites handily, but now the battle has turned into a rout. Biller sites accounted for fully 73% of online bills paid by consumers last year, up from 62% in 2010, according to a report from …

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Momentum Is Building for Mobile Wallets Overseas—And Also in the U.S., Report Says

Mobile wallets have struggled in the United States to win consumer adoption and usage, but worldwide the technology is growing smartly. And even in the U.S. market, it’s expected to pick up momentum. That’s according to a report issued Monday by U.K.-based Juniper Research. The firm estimates global payments volume …

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‘We’re Just Scratching the Surface,’ CEO Schulman Says As PayPal Posts Strong Results

PayPal Holdings Inc. finished its first full calendar year separated from eBay Inc. with a tone that suggests a bit of swagger. “It was a landmark year for PayPal,” chief executive Dan Schulman told stock analysts Thursday afternoon. “We introduced a host of innovations. We bring to our merchants an …

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Launched in September, Same-Day ACH Posted 13 Million-Plus Transactions in 2016

The nation’s automated clearing house network handled more than 13 million same-day transactions worth almost $17 billion between Sept. 23 and the end of the year, according to statistics released Wednesday by NACHA, the rulemaking authority for the ACH. Wednesday’s release represents the second time NACHA has issued numbers for …

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Biller Bill-Pay Sites Crush Bank Sites While Both Camps Look to Faster-Payment Offerings

In the battle over online bill payments, biller sites have been beating bank and third-party sites handily, but now the battle has turned into a rout. Biller sites accounted for fully 73% of online bills paid by consumers last year, up from 62% in 2010, according to a report released …

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How Dwolla Turned Away from Consumer-Facing Payments to White-Label APIs

It’s taken about a year, but Dwolla Inc. has now executed a strategic shift away from handling online and mobile transactions directly for consumers who want to pay merchants and each other. Instead, the 8-year-old, Des Moines, Iowa-based company now focuses on selling programming to clients that want to process …

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Events Gaining Cashless Payments Ability and other Digital Transactions News briefs

• Payment provider CardConnect released a beta version of Bolt P2PE, its cloud-based API terminal service that enables software companies to integrate their applications with PCI-validated point-to-point encryption and EMV devices for card-present transactions. • Wizard World Inc., producer of such pop culture events as Comic Con, is working with Front Gate Tickets for …

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Google Wallet Gets New Browser Capability and Moves Beyond Mobile Devices

Alphabet Inc.’s Google unit has updated its Google Wallet to enable the person-to-person payments service to work on desktop computers and laptops using any browser. Google Wallet dates back to 2011 as a mobile-payments and P2P service, but in September 2015 Alphabet transferred the purchasing functionality to its Android Pay …

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Bill Pay, Mobile Deposit Among the Most Popular Features of Banks’ Mobile Apps

Bill payment continues to reign as the most-used payments feature of banks’ mobile apps, but mobile deposit and person-to-person payments are coming on strong, according to new findings from research firm Celent and FI Navigator Corp. The “Mobile Banking Quantified” study by Celent, a division of New York City-based of Oliver …

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ACH Volumes Continue Their Hot Streak With Nearly 6% Growth in the Third Quarter

Continuing the stepped-up growth rate it’s seen for nearly two years, the automated clearing house network’s transaction volume grew 5.7% in the third quarter, slightly better than the second quarter’s 5.6% growth. The third quarter was notable for marking the start of same-day ACH processing. The latest quarterly report from …

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Digital Transactions