Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. The collaboration, announced Wednesday (Sept. 18), allows Farfetch customers in the U.K., Germany and the Netherlands make instant payments directly from their bank accounts. “With the real-time payments integration, Farfetch customers can now...
Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the growth of its cloud-native account-to-account (A2A) platform in the United Kingdom, Europe and the United States. The company’s newest investor,...
Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions. Enterprises withdraw money from accounts according to set parameters. Those parameters span dates, or dollar amounts, and tend to be...
Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants across industries, including fundraising and nonprofit, digital services, gaming and entertainment, according to a Wednesday (March 20) news release. The...
February 26, 2024
Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S. consumers to discover how they engage with A2A payment options. […]
November 14, 2023
The business payments landscape was stable for decades, Form3 CEO Mike Walters told Karen Webster. Regular ACH payments were the norm, and any pain points and frictions were rooted in...
June 20, 2023
Driven as they are by payment choice, many consumers like the idea of account-to-account (A2A) transfers, known by several other names including pay by bank — but what’s missing is...
February 13, 2023
For B2B eCommerce firms, options to easily process high-value online payments are few. “Cards are not made for that. We know that the average [limit] is around €1,500 and €3,000,...
October 23, 2024
Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. The companies will integrate Plaid’s instant account verification and risk assessment tools into Dwolla’s pay-by-bank platform, according to a Wednesday (Oct. 23) press release. The solution is scheduled to launch in early 2025. The collaboration will target mid- to enterprise-sized businesses, and the […]
September 18, 2024
Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. The collaboration, announced Wednesday (Sept. 18), allows Farfetch customers in the U.K., Germany and the Netherlands make instant...
September 12, 2024
Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the growth of its cloud-native account-to-account...
March 20, 2024
Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants across industries, including fundraising and...
