PYMNTS

MARCH 9, 2020

Consumers and businesses do not want to use new payment networks unless they believe others are already using them, creating a chicken-and-egg problem. Payers have to know that payees will accept certain payment methods before making purchases, and payees do not want to invest until they know payment instruments are in demand.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

NOVEMBER 18, 2020

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. This is a new payment system," he noted. Today's Most Valuable Use Cases.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

PYMNTS

OCTOBER 7, 2019

Bitcoin, Libra, instant payments, Open Banking — these were the big subjects on repeat last week, Dobbie told Webster. The hope, he noted, is to improve billing specifically by putting more control into the payee’s hands, while injecting more certainty into the payor’s business. Securing And Advancing RTP.

Instant Payments 67

Instant Payments Real Time Payments Payments RTP 67

PYMNTS

SEPTEMBER 26, 2019

Pull payments do carry risks for both merchants and payers, however. Account holders who provide authorization do not necessarily know when payees will withdraw the promised funds and may not remember to keep enough money in their accounts to cover the costs. Push payments do not carry the same risk and tend to be quicker.

Payer 67

Payer Real Time Payments Push-to-Card Payee 67

PYMNTS

JULY 27, 2020

For example, many workers who receive their payroll biweekly via a direct deposit on payday or pensioners who receive their payouts on the exact same day count themselves as receiving an instant payment because their money is in the account instantly on the exact day it is supposed to show up. Flipping The On-Demand Switch.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

DECEMBER 27, 2019

The word is out about instant payments — a fact made largely indisputable by the numbers. Instant disbursements are also picking up steam where it really counts — usage. When we asked in 2017 how many consumers have received an instant payment, the answer was a mere 11 percent. Choice: The Golden Rule of Instant .

Instant Payments 52

Instant Payments Payments Push-to-Card Payer 52