EBizCharge

MAY 15, 2024

Business-to-business payments play a crucial role in commerce by allowing companies to process payments with each other using specific payment methods and key players to facilitate these transactions. Payment Authorization: Before the funds are transferred, the payment may undergo authorization processes to ensure security and legitimacy.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Clearly Payments

APRIL 3, 2024

Payment processing is a critical component of modern commerce, facilitating the secure transfer of funds between buyers and sellers. This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets.

Process 45

Process Processors Online and Mobile Banking Payments 45

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

PYMNTS

JANUARY 4, 2019

Separately, UCPB , a lender based in the Philippines, has introduced a money transfer service between banks, allowing for instant fund transfers. Verdict reported that the new service, known as InstaPay, can let customers transfer funds to a limit of 50,000 PHP ($951.48

Instant Payments 67

Instant Payments Funds Transfer Online and Mobile Banking Payments 67

PYMNTS

JANUARY 2, 2019

NBK now delivers customers greater transparency and traceability in cross-border transactions, which facilitates better communication and reconciliation for the bank’s customers.”. In The Philippines , UCPB rolled out its InstaPay service to enable customers to transfer money instantly to bank accounts, according to reports.

SWIFT 49

SWIFT Cross-Border Payee Funds Transfer 49

Fintech News

MAY 23, 2024

19 Fino Payments Bank Founded in 2006 and headquartered in Navi Mumbai, Fino Payments Bank facilitated more than 200 crore transactions with a gross transaction value of over Rs 3.58 million accounts were opened with the payments bank during FY24, indicating significant customer growth and the bank’s expanding reach.

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

Payment Savvy

NOVEMBER 8, 2022

Unlike an ACH transfer, there is no fixed definition of an EFT transfer – at least not in the singular sense. EFTs constitute a whole range of digital transfer and payment methods. EFT stands for Electronic Fund Transfer, while ACH stands for Automated Clearing House. How Do EFTs Work?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98