article thumbnail

Jack Henry, Visa see escalating FedNow volume

Payments Dive

While the Federal Reserve won’t specify payments volume on the new instant system, executives from certified service providers Visa and Jack Henry said they’re seeing an increase.

Volume 167
article thumbnail

Visa debit card volume growth keeps sliding

Payments Dive

The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.

Volume 155
article thumbnail

Airwallex Processing Volume Surges Past $100 Billion

Fintech Finance

Airwallex , a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year. Airwallex has seen growing volumes across all products, including payments, FX, payouts, and issuing, and an annual run rate revenue approaching $500 million.

Volume 70
article thumbnail

Stripe reports payments volume increase

Payments Dive

The digital payments company processed $1 trillion in total payments volume last year, according to its annual letter released Wednesday.

Volume 97
article thumbnail

Total Processing Volume (TPV): Why It Matters

Basis Theory

Total processing volume (also known as total payment volume , or TPV) is the sum of all payments passed through a specific payment processor over a given period of time for a business.

Volume 88
article thumbnail

Zelle transaction volume jumps

Payments Dive

Second-quarter transaction volume at the bank-owned peer-to-peer payments app rose 10% over the first quarter, parent Early Warning Services said.

Volume 89
article thumbnail

Same Day ACH Reaches New Heights as ACH Network Volume Increases

NACHA

HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023.