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: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
February 18, 2021  |  Consumer Payments

The pandemic has markedly accelerated the move to online shopping, with a PYMNTS report indicating that 47 percent of U.S. consumers living in urban areas...

READ MORE >
Businesses Drive Up Demand For Settlement Speed
Businesses Drive Up Demand For Settlement Speed
February 18, 2021  |  B2B Payments

A forward-thinking corporation’s massive bet on bitcoin may not be the boon that blockchain had hoped for as it continues to entice treasurers as a...

READ MORE >
Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
February 16, 2021  |  Consumer Payments

Consumers have been broadening their horizons during the pandemic — trying out new hobbies, retailers and even payment methods. Tools such as mobile wallets or...

READ MORE >
Amid Blockchain Uncertainty, Traditional Rails Drive B2B Innovation
Amid Blockchain Uncertainty, Traditional Rails Drive B2B Innovation
February 11, 2021  |  B2B Payments

Central banks continue to consider the potential for blockchain as a payment rail. Most recently, Japan Finance Minister Taro Aso spoke during a press conference,...

READ MORE >
Evolving Payment Rails Make Headway Among Corporates
Evolving Payment Rails Make Headway Among Corporates
February 04, 2021  |  B2B Payments

As the payment ecosystem evolves, the emergence of both upgraded payment infrastructure, as well as the launch of entirely new payment rails, has unlocked new...

READ MORE >
Mastercard Planning Higher Fees For UK EU Transactions
Mastercard Planning Higher Fees For UK EU Transactions
January 25, 2021  |  Mastercard

U.K. shoppers could see higher prices for European Union purchases due to a planned increase in Mastercard fees, the Financial Times reported on Monday (Jan....

READ MORE >
ACH Innovators Eye Security And Standardization
ACH Innovators Eye Security And Standardization
January 21, 2021  |  B2B Payments

As more corporates take the leap away from paper, ACH continues to be a popular choice to digitize B2B transactions. This week’s exploration of Payment...

READ MORE >
Finding The ‘Big Picture’ In Corporates’ Web Of Payment Infrastructure
Finding The ‘Big Picture’ In Corporates’ Web Of Payment Infrastructure
January 20, 2021  |  B2B Payments

Choice is good, and as payment modernization initiatives mature worldwide, corporates now have more choice than ever in how they move money from Point A...

READ MORE >
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
January 14, 2021  |  B2B Payments

The Clearing House’s real-time payments offering, the RTP® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week’s...

READ MORE >