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Is Your Acquiring Platform Truly Omnichannel?

Fintech News

OpenWay , a payment technology provider, has collected insights from omnichannel players that use its Way4 acquiring software platform – Nexi, Shift4, Halyk Bank, SmartPay, Banesco, Equity Bank Kenya, and others. What does it take for acquirers to make their offering truly omnichannel?

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The Digital Payments Preferences That Cross The Generational Divide

PYMNTS

He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. Regardless of whether payments are B2B or C2B, he said the trend has been clear: “You want to be able to choose between which payment instruments you are going to be using at the time of your choosing.

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What Is An Online Merchant and eCommerce

Payment Savvy

It’s a world where technology and commerce intertwine, creating a seamless web of online merchants and eCommerce platforms that cater to your every need. But what is an online merchant, and what is eCommerce? It includes online shopping, electronic payments, and online banking.

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Fiserv On Why 2020 Is ‘The Year Of P2P’

PYMNTS

The conversation came against a backdrop where, at the end of February, Fiserv said that nearly 600 banks and credit unions (CUs) have joined the turnkey service from Zelle to enable person-to-person (P2P) payment capabilities, and that the number of participants accessing the network via Fiserv has increased ten-fold in 2019 from 2018.

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Mastercard: Moving Beyond The Cards With Payment On Delivery, Online Bill Pay

PYMNTS

To hasten that adoption, In two recent examples, Mastercard said earlier this week that it is piloting a new service with PNC Bank called Payment on Delivery (which replaces, and should not be confused with, cash on demand, or COD). What we’re doing with Bill Pay exchange is vastly improving online bank bill payments,” he told Webster.

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FPC 2023 Spring Member Meeting

Faster Payments Council

Some banks may not be able to connect to both. The panel will explore some of these initiatives including the New York Fed's CBDC pilot program with major banks, the recently concluded Boston Fed's Project Hamilton and other global CBDC projects. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either.

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Citi Banks On API Calls To Make Treasury Ops Real Time

PYMNTS

Bose said there are significant changes taking place amid Citi’s corporate clientele, which include a shift from purely business to business flows to business to consumer (B2C) and consumer to business (C2B) flows. Citi is also seeing API calls used for payment processing around bank holidays and cutoff times.