Fintech Finance

JULY 26, 2024

In 44 countries and regions, UnionPay cards can be widely used for tax refunds, shopping mall discounts, and multiple major European airports now also support the UnionPay App or QR code refunds.

Cross-Border 98

Cross-Border Point-of-Sale (POS) Tax Refunds Ubiquitous 98

Stax

MARCH 27, 2025

Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). Through this, the government can also disburse social security and tax refunds to them without using paper checks. EFT reduces friction in the customer journey.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

PYMNTS

AUGUST 10, 2020

In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment. Financial service providers should sit up and take notice: Four out of 10 surveyed Main Street SMBs said they would be interested in switching to point-of-sale (POS) providers or acquirers offering that capability.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

AUGUST 10, 2020

Consumers and other businesses can access their tax refunds, benefits, freelance income, insurance claims, dividend payments and other disbursements within 30 minutes of being paid — sometimes even within seconds. Instant payments are one of these solutions, allowing companies to digitally transfer funds 24/7 year-round.

Payee 91

Payee Instant Payments Point-of-Sale (POS) Debit Card 91

Clearly Payments

JULY 16, 2024

Chargeback Fraud: Also known as friendly fraud, this occurs when customers dispute legitimate charges to obtain refunds while keeping the purchased goods. Point-of-Sale (POS) Attacks: Fraudsters target POS systems to steal card information through methods such as skimming devices or malware.

Risk 52

Risk Identity Theft Phishing Account Takeovers 52

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52