Faster Payments

Faster Payments
Brex Instant Payouts Now Live For Shopify Sellers
March 09, 2021

Financial services firm Brex has expanded its instant payouts feature to sellers on Shopify, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Faster Payments
Payments Canada Selects Interac For Real-Time Rail Exchange Services
March 02, 2021

Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for the country’s Real-Time Rail (RTR). Expected to be introduced next year, the RTR will be operated by Payments Canada and...

Faster Payments
Pandemic Relief: When Speed Of Payment Alone Isn’t Enough
March 02, 2021

The pandemic has put a fine point — an exclamation point, really — on the need to make disbursements more efficient by digitizing them. Part of that efficiency can be seen in the form of speed, which can make all the difference to the person...

Faster Payments
TCH: Zelle’s RTP Settlements Eliminate ‘Mental Calculus’
February 26, 2021

Consumers know the drill. Get a phone bill, send a check, time when the check reaches the provider, estimate when it gets deposited, and estimate when the funds clear. (Mental note: Will you have enough in the account?) Get the Full Story Complete the form...

Faster Payments
Invoice Financing Comes To SMBs And Freelancers
February 25, 2021

Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs...

Faster Payments
Deep Dive: Bringing Request For Payments To Bear Against Late Payments
February 23, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Faster Payments
How Real-Time Request-For-Payment Features Can Ease Cash Flow Strains
February 22, 2021

Late payments can sink businesses, but there is a fix: request-for-payment that allows consumers to pay and billers to instantly receive funds. Hisham Salama, executive vice president and chief digital officer at Bank of the West, explains how pairing request-for-payment features with real-time payment options...

Faster Payments
Report: Request For Payment Seen By Banks As Real Time Payments Game Changer
February 19, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Faster Payments
No Layovers: Instant Payments Take Direct Path To Primary Account Access
February 11, 2021

Everyone has dealt with the incentive that failed to feel like a reward. Examples: The prepaid gift card one’s cable provider is desperately trying to get them to take. Or the sign-on bonus offered by a phone provider worth a month of free service loaded...