real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

ACI and Mexipay Launch Real-Time Payment Partnership
ACI and Mexipay Launch Real-Time Payment Partnership
November 28, 2023  |  Real-Time Payments

ACI Worldwide has teamed with Mexipay to promote real-time payment use in Mexico. The partnership, announced Tuesday (Nov. 28), will see Mexipay use ACI’s payment platform to deploy...

READ MORE >
Volt Expands Real-Time Payments Platform Into Australia
Volt Expands Real-Time Payments Platform Into Australia
November 22, 2023  |  Real-Time Payments

Global real-time payments platform Volt has expanded into Australia. Already established in the United Kingdom, Europe and Brazil, Volt is taking another step in its...

READ MORE >
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Faster Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

READ MORE >
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
November 22, 2023  |  Faster Payments

Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a...

READ MORE >
Bank Data Silos Need Breaking for Open Banking to Succeed
Bank Data Silos Need Breaking for Open Banking to Succeed
November 22, 2023  |  Digital Banking

Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a...

READ MORE >
40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
November 22, 2023  |  Real-Time Payments

The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65%...

READ MORE >
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For...

READ MORE >
Businesses Shift From Paper Checks With Help From AI and Faster Payments
Businesses Shift From Paper Checks With Help From AI and Faster Payments
November 17, 2023  |  B2B Payments

Drew Edwards, CEO of Ingo Money, told PYMNTS in a recent interview the landscape for business transactions is rapidly changing. CFOs and treasurers are re-assessing...

READ MORE >
Collaboration Creates Network Effects That Transform B2B Payments
Collaboration Creates Network Effects That Transform B2B Payments
November 17, 2023  |  B2B Payments

Innovation in payments is a continuum, with incremental to transformational — and even disruptive — results. B2B payments, long left to languish while their consumer-facing...

READ MORE >