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How Governments Navigate ACH Payments Innovation

PYMNTS

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

PYMNTS

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

PYMNTS

While P2P payments are a significant part of that volume, Visa told PYMNTS that there are more than 30 use cases to which the solution has been applied. Emerging And Unexpected Use Cases. For the 2019 fiscal year, there have been approximately 2 billion transactions facilitated via Visa Direct.