A video explaining how the Paysend money transfer service works. Paysend is a financial technology platform headquartered in the UK that enables any bank card (Visa or MasterCard) to send and receive money worldwide.
PAYSEND: HOW IT WORKS (VIDEO) Read More »
A slide showing how push and pull payments function, with the differences shown graphically (example with Visa).
PUSH VS PULL PAYMENTS Read More »
In this brief adapted from a Linkedin post, Monica Jasuja describes the difference between push and pull payments.
WHAT YOU NEED TO KNOW ABOUT PUSH AND PULL PAYMENTS Read More »
FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.
HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH Read More »
This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,
A NEW PUSH FOR PUSH PAYMENTS Read More »