PYMNTS

APRIL 4, 2018

Other players in the sharing economy are also introducing new tools to improve how payments are paid and split. Meanwhile, others players in the space, like Venmo and Zelle, enable users to quickly send and receive money with a few taps on a smartphone. How Smarter Payments are Enabling Instant Tax Refunds.

Tax Refunds 40

Tax Refunds Blocks Payment APIs and Integration Faster Payments 40

PYMNTS

JUNE 26, 2018

The gig economy alone, he noted, is a bright spot. According to the latest PYMNTS/Hyperwallet Gig Economy Index , roughly 37 percent of workers said they receive 40 percent of their income from gig economy jobs, accounting for $1.4 trillion of total U.S. personal income in 2018.

Tax Refunds 52

Tax Refunds Economy Visa Use Case 52

PYMNTS

AUGUST 3, 2016

Insurance payments, healthcare reimbursement, merchant settlements, loan disbursements, and payments to workers participating in the shared economy represent a $9 trillion opportunity filled with friction for both the sender and the receiver, with the remaining $1 trillion represented by the more “traditional” P2P payments use cases.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

MARCH 18, 2019

Somewhat ironically, these are some of the same players who now use the card rails to push payments in real time between senders and receivers on their respective platforms – Square Cash App, Venmo and Apple Pay Cash – and pretty cheaply, and very securely, across the debit card rails.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Nanonets

SEPTEMBER 28, 2023

Examples include PayPal, Venmo, Zelle, Apple Cash, and various eWallet apps, where both the sender and receiver have accounts, enabling seamless electronic transfers. Government Benefits: Governments use EFTs to distribute benefits and payments, such as social security and tax refunds, to beneficiaries.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

Nanonets

SEPTEMBER 28, 2023

Examples include PayPal, Venmo, Zelle, Apple Cash, and various eWallet apps, where both the sender and receiver have accounts, enabling seamless electronic transfers. Government Benefits: Governments use EFTs to distribute benefits and payments, such as social security and tax refunds, to beneficiaries.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52