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

Deep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access
Deep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access
July 02, 2019  |  Smarter Payments

Cross-border, B2B payments generated approximately $125 billion in revenue last year, a figure that continues to rise. FIs and FinTechs need to be ready to...

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Payment Apps For When The Marriage Is Over
Payment Apps For When The Marriage Is Over
June 21, 2019  |  Faster Payments

It’s not enough to build a real-time payment system if financial institutions (FIs) don’t implement the offering, and extend instant payment services to customers. Getting...

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The State Of Faster Payments: ‘Early Innings’
The State Of Faster Payments: ‘Early Innings’
February 11, 2019  |  Faster Payments

In the latest "State Of" podcast, Fiserv’s Vice President Tim Ruhe weighs in on why we are at the beginning of a long-term movement to...

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Citizens Bank’s Corporate Real-Time Payments Play
Citizens Bank’s Corporate Real-Time Payments Play
January 25, 2019  |  Faster Payments

Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House...

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Who Will Lead The US To Real-Time Ubiquity By 2020?
Who Will Lead The US To Real-Time Ubiquity By 2020?
January 24, 2019  |  Faster Payments

It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. is hoping to attain real-time payments ubiquity by...

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Ingo CEO On 2018’s Push Payments ‘Great Awakening’ (And What’s Next)
Ingo CEO On 2018’s Push Payments ‘Great Awakening’ (And What’s Next)
December 19, 2018  |  Payment Methods

With the launch of Ingo Money QuickConnect last week, the company capped off a year that CEO Drew Edwards told Karen Webster could best be...

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ACH Shows Signs Of B2B Payments Dominance
ACH Shows Signs Of B2B Payments Dominance
December 17, 2018  |  B2B Payments

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. In an announcement on Thursday (Dec. 13), Bill.com said in...

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