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

FinCEN Says Check Fraud Approached $700 Million Over 6 Months
FinCEN Says Check Fraud Approached $700 Million Over 6 Months
September 11, 2024  |  Security & Fraud

Earlier this week, FinCEN reported that mail theft-related check fraud amounted to more than $688 million in a recent six-month period. The bulk of the...

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Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
September 10, 2024  |  Digital Payments

Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a...

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The Crucial Role Payments Can Play in B2B Brand Building
The Crucial Role Payments Can Play in B2B Brand Building
September 03, 2024  |  B2B Payments

Outside of the B2B space, the payment experience has long been recognized as a crucial component of customer satisfaction. Fast, secure, and flexible payment options...

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Amex and UNIPaaS Team on Small Business Invoice Payments
Amex and UNIPaaS Team on Small Business Invoice Payments
September 03, 2024  |  SMBs

Payment-as-a-Service provider UNIPaaS has launched a small-business-focused invoice payments partnership with American Express. The collaboration, announced by the London-based UNIPaaS Tuesday (Sept. 3), will let...

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They Said That: Notable Quotables From the Last Week of Summer 2024
They Said That: Notable Quotables From the Last Week of Summer 2024
September 02, 2024  |  News

Cue the Beach Boys and Jimmy Buffett. It’s the last week of summer, and while a lot of the banking and payments world was on...

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Wirex Launches Blockchain-Based Network With 80 Million Merchants
Wirex Launches Blockchain-Based Network With 80 Million Merchants
August 30, 2024  |  Payment Methods

Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready to use. This blockchain-based payment method allows users to make transactions...

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Crypto Is Minting Millionaires, but Its Payment Utility Remains Uncertain
Crypto Is Minting Millionaires, but Its Payment Utility Remains Uncertain
August 28, 2024  |  Cryptocurrency

In 2010, a Florida man bought two pizzas with 10,000 bitcoin. That singular incident served to confirm the promise of cryptocurrencies as a store of...

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its...

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