payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

Ingo Money Dives Into Real-Time Payments Ubiquity Challenges
Ingo Money Dives Into Real-Time Payments Ubiquity Challenges
November 13, 2019  |  B2B Payments

Faster payments continue to gain traction in the U.S., as service providers old and new introduce more options for consumer and business payers to move...

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B2B Finserv Embraces New Faster Payment Rails
B2B Finserv Embraces New Faster Payment Rails
October 23, 2019  |  B2B Payments

As the saying goes, if it isn’t broken, don’t fix it. But in payments, understanding whether something is broken in the first place — and,...

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Bank of America Optimizes AP Supplier Payment Channels
Bank of America Optimizes AP Supplier Payment Channels
October 21, 2019  |  B2B Payments

Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers....

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For Commercial Cards, Mixing Rails A Promising Path To Adoption
For Commercial Cards, Mixing Rails A Promising Path To Adoption
October 11, 2019  |  B2B Payments

Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange...

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SWIFT Loops gpi Into Existing Rails For Global Payments
SWIFT Loops gpi Into Existing Rails For Global Payments
September 24, 2019  |  B2B Payments

Build or borrow? For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move...

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A ‘Payment-Agnostic’ Approach To Accounts Payable
A ‘Payment-Agnostic’ Approach To Accounts Payable
August 08, 2019  |  B2B Payments

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to...

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B2B Payments Startup ePayRails Secures Series A Funding
B2B Payments Startup ePayRails Secures Series A Funding
August 05, 2019  |  B2B Payments

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. In a press release Friday (Aug. 2),...

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Adobe On How Regional Payments Enable Global Growth
Adobe On How Regional Payments Enable Global Growth
August 02, 2019  |  Cross Border Commerce

For global businesses with recurring billing business models, the costs of FX conversion, transaction processing and failed payments can quickly add up — and not...

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