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Paysafe’s Pay by Bank Option; Doxo Fires Back at FTC Lawsuit; Veritran Partners with Swift
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Paysafe Adds a Pay by Bank Option for Online Bettors
Payments platform Paysafe, already a competitive processing option for online gaming sites, added a pay-by-bank option enabling online bettors to fund deposits instantly in their accounts. It also can be used for cashing out winnings. The service, which Paysafe says carries no fees to bettors but offers a tiered pricing …
Read More »The Promise of Pay by Bank; The Case for Interchange; Plus Weekly Recap
Time Will Tell on How Soon Pay by Bank Goes Mainstream
Open banking, the ability for third-party developers to access financial data in traditional banking systems, as defined by Stripe Inc., may provide one component for a new payment type, at least one that has limited use today. Pay by bank, a payment method that enables an online payment without the …
Read More »Fiserv’s Pay by Bank Focus; ACI’s Tech Lands in New Market; AirAsia and Trip.com in Payments Collab
With a Lower Cost and a No-Chargebacks Promise for Merchants, Pay by Bank Emerges as a Fiserv Priority
Pay by bank is not a new electronic-payments concept—consumers have been paying utility bills with their bank accounts for years—but the promise of lower fees and reduced merchant headaches is energizing the service, and work is at hand developing new use cases. Witness Radial Inc., an e-commerce platform adopting Link …
Read More »Global Payments’ PayFac Plan Pays off; Fiserv’s Self-Service Bill Pay Option; FIS’s Pay by Bank Path
FIS’s Pay by Bank Path And Other Digital Transactions News briefs from 2/14/24
FIS Inc. said it is working with Banked, an open-banking provider, to develop new pay by bank services for businesses and consumers. Gateway provider Trice Technologies Inc. said it is a technology provider and real-time payments gateway for the RTP network from The Clearing House Payments Co. LLC. Web services and payments provider GoDaddy …
Read More »Radial Adds Pay by Bank Option; eTip’s Digital Tipping Coup; BofA Zelle Users at 21.5 Million
Radial Adds Link Money’s Pay by Bank for Account-to-Account Payments
E-commerce platform Radial Inc. is giving its merchants a new payment option that bypasses traditional credit and debit card payments and instead relies on account-to-account transfers. Dubbed Pay by Bank, the service was developed by Link Financial Technologies Inc., which does business as Link Money, an open-banking platform. King of …
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