Thursday , April 25, 2024

Search Results for: "visa direct"

Overfuel Adds Credit Reporting Tool And Other Digital Transactions News briefs from 12/22/23

Overfuel, a provider of online payments for automobile dealerships, has integrated credit reporting from 700Credit LLC to allow users to prequalify for credit on a dealer’s Web site or on a mobile phone. Accounting platform Data Plus is teaming with Edenred Pay, a back-end payments provider for the hospitality industry, to launch …

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A Home for Unused Gift Cards And Other Digital Transactions News briefs from 12/20/23

The payouts platform Onbe said it will enable instant payment on virtual Mastercard cards to consumers who want to sell unused gift cards on the CardCash secondary gift card market. Buy now, pay later platform Affirm Inc. said it is expanding to self-checkout kiosks in more than 4,500 U.S. Walmart stores. U.S. households spend …

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Visa’s Fast Track Expands And Other Digital Transactions News briefs from 12/18/23

Visa Inc. said it is expanding its Fintech Fast Track program, originally focused on card issuing, to include Visa Direct, the card network’s real-time payments platform. Visa has signed 42 new clients in the past year for Fintech Fast Track, which offers various Visa payment technologies to non-bank payments providers. In …

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Discover Taps New CEO And Other Digital Transactions News briefs from 12/12/23

Discover Financial Services said its board of directors has appointed Michael G. Rhodes chief executive and president. Rhodes, who will take office on or before March 6, succeeds interim CEO and president John Owen, who will continue as a Discover board member. Rhodes comes to Discover from TD Bank, where he was …

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Navy Federal Credit Union Picks Alacriti for RTP Access

With real-time payments perhaps on the cusp of becoming an essential payment service, Navy Federal Credit Union, which rung up $2.7 million in real-time deposits on its first full day on the RTP network from The Clearing House Payments Co. LLC, is using Alacriti to connect to the network. Bridgewater, …

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COMMENTARY: How Earned Wage Access Can Help Workers Stay Out of Debt

According to recent research, American households carried a whopping $17.1 trillion in total debt as of the second quarter of 2023. The herculean effort to become debt-free continues to weigh on the shoulders of millions of Americans. We’ve seen the landscape of the U.S. workforce change drastically over the past …

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FreedomPay’s Cross-Border Platform And Other Digital Transactions News briefs from 9/14/23

Commerce platform FreedomPay said it will begin offering point-of-sale devices from Pax Technology Inc. in the second quarter next year. Visa Inc. announced it will deploy its real-time payments network, Visa Direct, to allow users of United Kingdom-based money-transmission platform Paysend to route payments to eligible Visa cards in 170 countries and territories. …

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How to Tap Real Time’s Potential

With FedNow joining RTP in the race for real-time payments, a hugely practical service called request for payments could take off. If you’re not a payments geek, you could be forgiven for wondering what all the fuss was about when the Federal Reserve announced in July that its real-time payments …

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The U.K.’s Paysend Eyes U.S. P2P Payments Among Hispanics

Paysend Group is embarking on a campaign to make its name known among U.S. Hispanic peer-to-peer payments users with an advertising campaign and an offer of fee-free money transfers to Latin America, at least initially. Having opened a U.S. office in 2022, London-based Paysend hopes its advertising campaign, which debuts …

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Baywood Hotels Adds Digital Tipping Capabilities for Its Guests

Baywood Hotels Inc. is making eTip’s cashless mobile-tipping technology available across its entire portfolio of properties, which include Hilton, Marriott, IHG, and Choice hotels. ETip enables consumers to digitally tip hotel workers by scanning a QR code with their mobile phone. That opens the eTip app directly in their phone’s …

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Digital Transactions