Paystand

MAY 21, 2024

However, two stand out regarding security, convenience, and cost-effectiveness: wire transfer and direct deposit. Online B2B payment platforms have the substantial advantage of offering customers many payment methods.

Wire Transfer 52

Wire Transfer Direct Deposit Wire Wires 52

Agile Payments

SEPTEMBER 24, 2019

Recent news has once again exposed the reality that there are inherent risks for a third party ACH processor in handling and processing payroll transactions for a company who handles payroll for multiple companies or even a single company's needs.

Direct Deposit 68

Direct Deposit Payroll Risk Process 68

Paystand

NOVEMBER 21, 2023

But two methods stand out regarding security, convenience, and cost-effectiveness: wire transfer and direct deposit. However, understanding the differences can help you and your AR team determine whether direct deposit payments or wire transfers (or both) make the most sense for your business.

Wire Transfer 52

Wire Transfer Direct Deposit Wire Wires 52

Payments Source

SEPTEMBER 19, 2016

At the start of its fourth decade, the Automated Clearing House — a payment method most commonly known for facilitating payroll direct deposits — has found itself firmly in the crosshairs of the card networks and alternative payment providers.

Direct Deposit 146

Direct Deposit Technology Payroll Facilitators 146

TechCrunch Fintech

FEBRUARY 15, 2024

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats.

Direct Deposit 87

Direct Deposit API Accounts Blocks 87

PYMNTS

DECEMBER 22, 2020

In addition, customers who used PayPal or Venmo 's Direct Deposit features to receive the stimulus checks the first time via the CARES Act will receive the new $600 payments automatically through the same service this time if they're eligible for the checks.

Checks 113

Checks PayPal Direct Deposit Venmo 113

PYMNTS

AUGUST 18, 2020

The payments will be made in a variety of ways, including direct deposit for around 12 million people and paper check for everyone else. Those who get an interest payment of at least $10 will have to file it on next year’s taxes, the release stated, and the IRS plans to send a Form 1099-INT to those people.

IRS 120

IRS Checks Direct Deposit Tax Refunds 120

PYMNTS

APRIL 16, 2020

.” The prepaid card, which offers cardholders an alternative to brick-and-mortar banks, can accept direct deposit payments, including paychecks and government benefits. They will then receive account information that can be used to update to their direct deposit information once enrollment is completed.

Direct Deposit 94

Direct Deposit Treasury Deposit Account Enrollments 94

Finextra

JULY 11, 2024

Customers want their banks to work for them to enable their goals, not to create new sources of complexity and potential challenges in their financial lives.

Direct Deposit 52

Direct Deposit 52

The Paypers

OCTOBER 16, 2023

Papaya Global , a global workforce management solutions provider, has introduced a new tool enabling customers to direct deposit payroll payments.

Direct Deposit 36

Direct Deposit Payroll Payments 36

The Paypers

JANUARY 22, 2024

US-based fintech company Pinwheel has partnered with Jack Henry to expand its direct deposit switching (DDS) solution.

Direct Deposit 36

Direct Deposit FinTech 36

PYMNTS

JANUARY 8, 2021

Millions of payments have already been made via direct deposit and paper checks, with the goal of quickly delivering assistance. Instead, those people will either get a new card, paper check or direct deposit. The Economic Impact Payment (EIP) cards were issued by MetaBank, N.A. Department of the Treasury seal.”

Debit Card 129

Debit Card Checks IRS Direct Deposit 129

The Paypers

SEPTEMBER 1, 2023

Alkami has partnered with Atomic to offer a direct deposit switch solution to US-based financial institutions, enabling account holders with seamless payroll account connections.

Direct Deposit 41

Direct Deposit Payroll Accounts 41

PYMNTS

JUNE 12, 2020

Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit

Direct Deposit 106

Direct Deposit Debit Card Checks Payments 106

Nanonets

APRIL 30, 2024

QuickBooks offers a range of contractor payment options, but the base QuickBooks Online platform lets users quickly pay contractors via direct deposit and check. Paying Contractors through Direct Deposit Paying contractors through direct deposit with QuickBooks Online is just as simple.   Of course!

Direct Deposit 98

Direct Deposit Payroll Checks Cross-Border 98

The Paypers

AUGUST 17, 2023

Pinwheel has partnered with Plaid for direct deposit services, adding to the list of solutions based on income products and fintech innovation.

Direct Deposit 36

Direct Deposit Innovation FinTech Product 36

PYMNTS

APRIL 16, 2020

The new Get My Payment tool launched on Wednesday (April 15) by the IRS and the Treasury Department is supposed to let people know when they can expect their stimulus check or direct deposit, or allow them to enter direct deposit information so they can get their money faster. . The funds are part of the $2.2

IRS 116

IRS Direct Deposit Returns Payments Tools 116

PYMNTS

APRIL 15, 2020

Walmart is hoping customers will sign up for its Walmart MoneyCard to create a direct deposit account to access the government stimulus payments being sent out this week, touting waived fees and quick access, according to an emailed press release. The retail giant said the process would be safe, easy and affordable.

Checks 98

Checks Direct Deposit Accounts IRS 98

Stax

APRIL 23, 2024

TL;DR Nearly 93% of Americans receive payments through direct deposit; Automated Clearing House makes it simpler for employers to manage funds without handing out physical checks or dealing with pesky extra fees. Many small businesses choose ACH operators because they are more convenient than most direct deposits.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

APRIL 9, 2020

The first round of emergency assistance is expected to reach people who have previously provided direct deposit information to the Internal Revenue Service (IRS). Most Social Security recipients get their benefits through direct deposit, according to the congressional committee’s announcement.

IRS 102

IRS Direct Deposit Social Security Accounts 102

Fintech Finance

OCTOBER 21, 2024

The result is a seamless, fast, and intuitive way for users to update their direct deposits and recurring bill payments, empowering them to take control of their financial lives. This integration allows us to deliver that actionable intelligence for organizations and empower consumers to take that immediate next step.“

Direct Deposit 94

Direct Deposit Accounts Consumer Finance 94

Payments Dive

NOVEMBER 15, 2023

The buy now, pay later provider’s account will offer savings-level interest, ATM access and direct deposit, Affirm executives said.

Accounts 88

Accounts Direct Deposit ATM 88

PYMNTS

MAY 26, 2020

Benefits and functions of the revamped Walmart MoneyCard include free cash deposits at a Walmart Money Center or Customer Service area when tapping into the MoneyCard mobile app. And, with ASAP Direct Deposit, consumers can get their pay as soon as two days prior to payday or government benefits as soon as four days early.

Direct Deposit 88

Direct Deposit Debit Card IRS Deposit Account 88

Finextra

JUNE 6, 2024

Mastercard has updated its Open Banking platform to enable people to automatically switch their direct deposits and update their recurring bill payments when they open or update an account.

Visa 78

Visa Direct Deposit Accounts Payments 78

PYMNTS

APRIL 10, 2020

People who provide banking information will get a direct deposit; everyone else will get a check mailed to the provided address. The Enter Payment Info tool requires basic information — Social Security number, dependents, address — that the IRS will review in order to confirm eligibility.

IRS 145

IRS Checks Social Security Consumer 145

PYMNTS

APRIL 5, 2019

What’s more, workers who find roles through these marketplaces are much more likely to receive their money via direct deposit or PayPal , as opposed to more cumbersome methods like cash or check. In fact, 70 percent of gig workers reported a high rate of satisfaction with direct deposit payments.

Direct Deposit 81

Direct Deposit Economy PayPal Instant Payments 81

Fintech Finance

SEPTEMBER 9, 2024

The DailyPay Visa® Prepaid Card will remain a general purpose reloadable (GPR) card with an app that allows users to transfer a portion of their earned wages to the card in real time*, and with no fee** if the user has updated their direct deposit to the card. Other fees and limits apply. See Cardholder Agreement for details.

Direct Deposit 98

Direct Deposit FDIC Credit Cards Debit Card 98

PYMNTS

MAY 16, 2019

In the study, workers who sourced their gigs via such platforms were more likely than others to receive compensation via PayPal and direct deposit, and less likely to be paid via cash or check. percent) and direct deposit (38.2 Interestingly, direct deposit had higher levels of satisfaction than PayPal; 70.1

Economy 76

Economy Direct Deposit PayPal Participant 76

Payment Savvy

MAY 16, 2023

Types of ACH Transfers Direct Deposit Direct deposits are electronic transfers of funds from governments or businesses directly into a recipient’s bank account. By using direct deposits, recipients can access their funds quicker and more securely compared to traditional paper checks.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Fintech Finance

SEPTEMBER 20, 2024

DailyPay Visa Card is a general purpose reloadable card that allows DailyPay users instant earned wage access for no fee* if they update their direct deposit to the card. On-demand pay fees will be waived for any DailyPay transfers made to a DailyPay Card set up with direct deposit. Other fees and limits apply.

Direct Deposit 98

Direct Deposit Security Federal Reserve FDIC 98

Fintech Finance

AUGUST 19, 2024

employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal. Employees can choose to automatically deposit some, or all of, their paycheck into their PayPal Balance account each pay period, and payroll funds may be available up to two days ahead of time.2

Payroll 52

Payroll PayPal Direct Deposit Payment APIs and Integration 52

Fintech Finance

AUGUST 7, 2024

Leveraging WorldFirst’s 20 years of expertise in secure cross-border payments, the new digital payment collection service will provide online sellers with three key benefits: Security and Compliance: Funds collected are directly deposited into the merchant’s World Account, providing businesses with streamlined access to cross-border payment and (..)

Cross-Border Payments 97

Cross-Border Payments Cross-Border Security Direct Deposit 97

PYMNTS

MARCH 26, 2020

As reported, those Americans with direct deposit account information stored with the Internal Revenue Service (IRS) — the conduit through which they get refunds — will get those payments within a few weeks after legislation is finalized and signed. That’s about 70 million Americans.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

JULY 7, 2020

direct deposit accounts. Separately, direct deposit (stored) volumes through Cash App were $1.3 SunTrust analyst Andrew Jeffrey also lifted his price target for the stock to a Wall Street high of $150 per share on Monday, up from a previous $83. He estimated that the firm could capture 20 percent of U.S.

Direct Deposit 100

Direct Deposit Volume Deposit Account Caps 100

PYMNTS

JANUARY 6, 2021

People who filed their 2019 taxes with H&R Block or TurboTax told CNBC that they have not seen a deposit as expected. Payments for the second round of economic impact payments were reportedly sent via mail or direct-deposited into people’s accounts on file. Millions were slated to be automatically deposited by Jan.

Blocks 71

Blocks Checks IRS Direct Deposit 71

The Paypers

APRIL 13, 2022

Australia-based banking super app Douugh has partnered with income and payroll connectivity API provider Pinwheel to facilitate automatic direct deposit switching for its US customers.

Payroll 69

Payroll Direct Deposit Facilitators API 69

Fintech Finance

SEPTEMBER 13, 2024

With ClaimsPay, Slide policyholders will now have the flexibility of choice for their inbound claim payment, including traditional direct deposits and popular consumer payment platforms such as PayPal, Venmo, and Zelle.

Digital Payments 98

Digital Payments Payment Solutions Direct Deposit Zelle 98