Stax

JUNE 27, 2024

How ACH payments work ACH payments occur between two or more financial institutions in the network, exchanging money between them when needed. To initiate an ACH transfer, the originating bank account sends ACH instructions requesting the funds, which are transferred into the receiving account.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Stax

SEPTEMBER 17, 2024

ACH transfer is used for various purposes, such as payroll, paycheck direct deposits, recurring and one-time bill payments, Business-to-business (B2B) payments, direct deposit of tax refunds or government payments, Buy now pay later (BPNL), and person-to-person (P2P) payments such as PayPal , Cash App, Zelle, and Venmo.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. According to the research, approximately half of the real-time payments schemes in place today can handle corporate and B2B transactions.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

CB Insights

DECEMBER 4, 2019

Payments made with Amazon Pay spiked following service expansion to new geographies — France, Italy, and Spain — and to new verticals, including government payments, travel, insurance, entertainment, and charitable donations. The bulk of growth in 2017 was to businesses in the US, where the company originated $1B in loans.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101