PYMNTS

JUNE 7, 2018

billion : The total number of ACH debit and credit transactions in Q1 2018. 25 billion : The value of P2P payments processed on the Zelle network in Q1 2018. . $2 trillion : The estimated worth of the logistics and freight forwarding space. billion : The number of freight invoices generated in 2017.

Process 43

Process Zelle ACH P2P 43

PYMNTS

NOVEMBER 22, 2016

This is the percentage of payments made through P2P transactions using same-day payments. That’s represented by “web ACH credit transactions,” said Estep. This is a new transaction type, said Estep, with a debut just two years ago. 13 percent.

Same Day ACH 65

Same Day ACH ACH NACHA Direct Deposit 65

Finovate

OCTOBER 15, 2024

The company also helps third-party organizations across various industries integrate instant payments with traditional payment tools into their existing payment and money movement use cases including A2A, P2P, Bill Payment, B2B and B2C disbursements. Launching Payfinia will help Tyfone further build on the instant payments experience.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

PYMNTS

JANUARY 25, 2017

The first phase launched in September of last year, making ACH credit transactions eligible for same-day processing. According to the NACHA data, Same Day ACH was responsible for more than 13 million credit transactions in its just over three months of operation so far. million transactions, totaling $5.9

Same Day ACH 40

Same Day ACH NACHA ACH Direct Deposit 40

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. Push payments are typically used for payroll direct deposits , mobile P2P services or wire transfers.

Payer 67

Payer Push-to-Card Real Time Payments Payee 67

PYMNTS

FEBRUARY 19, 2020

Lerdal pointed to P2P payments and eCommerce as key areas of attack. “In Lerdal pointed out that debit transactions are inherently different from credit transactions (from a risk-assessment standpoint), as FIs and merchants must determine that the person trying to pay at the POS is actually the person tied to that DDA account.

ATM 67

ATM Point-of-Sale (POS) Fraud Detection Mitigation 67

Stax

SEPTEMBER 17, 2024

ACH transfers can either be direct deposits (ACH credit transactions) or direct payments (ACH debit transactions). A typical ACH transaction is like a machine with multiple moving cogs. Wire transfers are credit transactions where the sender sends money to the recipient.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

SEPTEMBER 15, 2017

From September 2016 through July of 2017, said Larimer, there have been 42 million same-day ACH credit transactions, with a corresponding total of more than $57 billion. Amid the robust use cases, NACHA is seeing three that are prevalent thus far.

Same Day ACH 48

Same Day ACH ACH NACHA Debit Transaction 48

PYMNTS

OCTOBER 25, 2019

Within that figure, debit payments were up 11 percent in constant dollars to $1 trillion, while credit transactions were up 7 percent to $1.2 Total transactions and processed transactions were both up 11 percent to a respective 53.2 trillion for the quarter. billion and 36.4 billion, as measured company wide.

Volume 42

Volume B2B Cross-Border Point-of-Sale (POS) 42

M2P Fintech

MARCH 28, 2024

Customers can manage their accounts and conduct transactions through any channel, ensuring convenience and a consistent experience. Original Credit Transaction (OCT) OCT facilitates direct fund transfers, commonly employed by banks for refunds, cashback, and various payments like payroll deposits or government benefits.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59