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

Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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Boost Launches Platform to Digitize and Automate AP Processes
Boost Launches Platform to Digitize and Automate AP Processes
October 17, 2023  |  B2B Payments

B2B payments company Boost Payment Solutions has launched a platform designed to optimize card-based payments for medium- to large-sized enterprises.  Called Boost 100, this new solution...

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The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over Profits’
The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over...
October 16, 2023  |  Real-Time Payments

Now in his eighth month as CEO of The Clearing House, David Watson noted to PYMNTS CEO Karen Webster that there’s significant promise — and...

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WooCommerce and Veem Partner to Expand Global Commercial Payments
WooCommerce and Veem Partner to Expand Global Commercial Payments
October 12, 2023  |  Commercial Payments

Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to...

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77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
October 12, 2023  |  Real-Time Payments

Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations....

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Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
October 11, 2023  |  Partnerships

Lloyds Bank said it has expanded its partnership with consumer-centric commerce platform FreedomPay. The British banking giant announced Wednesday (Oct. 11) that merchants using its Bank Cardnet...

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Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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How Existing Payments Infrastructure Drives Innovation at Scale
How Existing Payments Infrastructure Drives Innovation at Scale
October 10, 2023  |  Payments Innovation

The way money moves is evolving at a rapid and exciting clip. Fueling its rocket-ship acceleration are the twin engines of behavioral expectations grounded in...

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45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

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