Payment Methods

What is a payment method? Well there are many, debit, credit, ACH, blockchain, and cross border. There are also many other way to transact through the wires. Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.

Source: en.wikipedia.org

REPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
REPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
October 21, 2019  |  Mobile Payments

Apple Pay went live five years ago yesterday, on Oct. 20, 2014. When Tim Cook took the stage a month beforehand to announce this mobile...

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For Millennials, Debit Finds Favor As Preferred Payment
For Millennials, Debit Finds Favor As Preferred Payment
October 17, 2019  |  Credit Unions

Credit unions need millennials to keep growing membership rosters at a healthy pace. Millennials, in turn, want access to mobile banking and tech innovation. PSCU Senior...

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Chinese Shoppers Will Have PayPal Access By Year End
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019  |  International

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial...

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Google Pay Users In Brazil Can Now Pay With Debit Cards
Google Pay Users In Brazil Can Now Pay With Debit Cards
October 14, 2019  |  Google

In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay. Reuters is...

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Deep Dive: How Automation Can Disrupt Legacy AP Practices
Deep Dive: How Automation Can Disrupt Legacy AP Practices
October 10, 2019  |  Accounts Payable

Paper-based processes are widely used in AP departments, with recent PYMNTS data finding that 80.8 percent of firms use paper checks while 43.8 percent receive...

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The Push And Pull Of Real-Time Payments
The Push And Pull Of Real-Time Payments
October 10, 2019  |  Faster Payments

With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to...

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UMB Bank On Freeing Businesses From Paper Checks With AP Automation
UMB Bank On Freeing Businesses From Paper Checks With AP Automation
October 09, 2019  |  Accounts Payable

Automating accounts payable (AP) means the paper check will soon no longer be in the proverbial (and literal) mail. In the inaugural Next-Gen AP Automation...

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Visa, Intuit Launch Instant Deposit For SMBs
Visa, Intuit Launch Instant Deposit For SMBs
October 09, 2019  |  Cash

Cash flow is that thing that can keep a business owner or executive up at night — and night after night, after night. Cash flow...

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Inside UMB Bank’s AP Automation Agenda
Inside UMB Bank’s AP Automation Agenda
October 08, 2019  |  Accounts Payable

  Accounts payable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. Reliance on outdated practices — including...

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