article thumbnail

How Governments Navigate ACH Payments Innovation

PYMNTS

. “We’ve been helping governmental agencies for about 20 years now, and over that timeframe, we have definitely seen that ACH has played a much bigger role than it used to, and governments are embracing that,” he said. Business-To-Government Payments. “There is no silver bullet,” said Thorness.

ACH 64
article thumbnail

Mastercard: Helping Consumers And Businesses Dive Into The Digital Deep End

PYMNTS

Mastercard Send, Mastercard’s global push payments platform, is designed to help SMBs through enabling their merchant settlement funds in near-real time through their acquirers. Instant push payments replace the days of waiting that are common with ACH transfers. “And you know these days, immediacy matters.”.

Visa 61
article thumbnail

B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

PYMNTS

According to analysts, as faster payment programs continue to innovate, they’re more likely to encompass more demographics and use cases of real-time payments capabilities, including B2B and government payments. This scheme supports near real-time transactions and, like Denmark’s, operates 24/7.

article thumbnail

RevoluPAY introduces Visa Direct to enable instant P2P payments through RevoluSEND

Fintech Finance

Gavin McMillan, RevoluGROUP CEO, said , “Our alliance with Visa goes beyond being merely a partnership; it is a commitment to continue providing secure, innovative, and nearly real-time payment solutions to our customers and private label partners.

P2P 52