Remove Credit Transaction Remove Push-to-Card Remove Transactions
article thumbnail

What is ACH Credit and ACH Debit and How Do They Work?

Stax

ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. TL;DR ACH payments are a popular way for individuals and businesses to transact with each other because they are easy and quick to send. Learn More What are ACH Credit Payments?

ACH 88
article thumbnail

Deep Dive: The Benefits And Challenges Of Real-Time Push Payments

PYMNTS

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems.

Payer 67
article thumbnail

Paytm Launches QR Code System For Multi-Platform Payments

PYMNTS

Paytm’s new QR codes also operate through the popular Rupay cards. “I Merchants can stick these QR codes on battery packs and chargers to enable fast user transactions, Sharma explained at a press conference today. Sharma’s announcements confirm Paytm’s aggressive push to expand its service.

article thumbnail

Mastercard Gains B2B Payments Traction, Sees Double-Digit Growth

PYMNTS

The company said that gross dollar volume, which is the total dollar volume of transactions processed, reached $1.4 Breaking that down a bit, debit and prepaid transactions stood at $720 billion, up from $642 billion last year. Credit transactions were $748 billion in the quarter, which was up from $705 billion last year.

B2B 71
article thumbnail

Why The Market Liked Visa’s Quarterly Report Card

PYMNTS

That growth, extending across credit and debit card transactions, was enough to propel results past estimates on Thursday, as adjusted net income came in at $0.84 Credit transactions, as measured on a consolidated basis, were $974 billion, with a 25 percent change, and debit was up 58 percent to $755 billion.

article thumbnail

Tyfone Spins Out New Entity for Instant Payments

Finovate

Since launch, IPX has converted nearly 30% of same-day ACH credit transactions into send transactions on push instant payment systems, routing existing payment solutions through networks like FedNow. At the show, Tyfone Co-Founder Siva Narendra demoed a memory card for a mobile phone that facilitated contactless payments.

article thumbnail

Three Years After The Target Breach

PYMNTS

Sure, credit cards got stolen or skimmed from time to time — but such occurrences were comparatively rare. Forty million card accounts represents a lot of cardholders, and just about everyone knows someone who’s been a victim.”. There was a time when data breaches were not a daily part of consumers’ day-to-day lives.

Breach 52