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How Governments Navigate ACH Payments Innovation

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Yet ACH volume is on the rise, and that includes in the B2B payments context. percent year-over-year increase in ACH transaction volume for the first quarter of 2020, with B2B payments adoption accelerating even faster, posting an 11.7 percent volume increase in Q1 — and accounting for 1 billion transactions.

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Innovation Eases The Friction Of Global Payment Rails

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With in-person payments for fines and fees no longer possible, government entities at the local and state levels are seeing a surge in ACH volume, according to Jeff Thorness, president of Forte Payment Systems, a CSG company. ACH Gets A Boost In The Public Sector.

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Visa’s Bill Sheley On What’s Next For Push Payments

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It was in a convergence of these trends that Visa launched its real-time payments solution, Visa Direct , a technology enabling push payments onto recipients’ Visa cards. Emerging And Unexpected Use Cases. For the 2019 fiscal year, there have been approximately 2 billion transactions facilitated via Visa Direct.