The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by the growing adoption of open banking. But despite its growing popularity worldwide, many A2A payment users, both businesses and consumers...
“Consumer behavior has a tendency to be very durable.” David Schneider, president of PULSE®, part of Discover® Global Network, acknowledged to Karen Webster that we’ve all gone online in the past three years to use digital payments — if we hadn’t been doing so already....
Commerce platform WEX on Thursday announced the wide availability of Flume, a digital wallet that will allow instant account-to-account transfers for customers. WEX stated in the announcement that the new offering was designed to “bridge the digital divide for millions of small- and medium-sized businesses...
It’s a strategic mistake for merchants to send customers to a third-party payment provider right at the end of their purchase journey. Instead, they should keep the customer within their own ecosystem. That’s the insight that led to the launch of Limepay about two years...
February 03, 2023
“Consumer behavior has a tendency to be very durable.” David Schneider, president of PULSE®, part of Discover® Global Network, acknowledged to Karen Webster that we’ve all gone online in the past three years to use digital payments — if we hadn’t been doing so already. But amid the macro headwinds, he said, the tried and […]
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 payments directly from their bank accounts. “With the real-time payments integration, Farfetch customers can now complete their payments in a few taps by simply choosing […]
