Payments News

On The Web

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Opinion

The Real Time Payments Market Does Not Need Government Competition

“While the Fed’s entry has been called for by some smaller institutions that are concerned that the fees for real-time processing may be too high, RTP charges all institutions the same price. There is no reason to think the Fed will necessarily match this price, given that it lacks the infrastructure possessed by The Clearinghouse […]
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Companies

Op-Ed | EBay Is the Un-Amazon, for Better and Worse

“How can a company be both the second-place player in its fast-growing industry – and largely excluded from the conversation about the future of said industry? That’s the weird position occupied by EBay Inc. The company grabs a larger share of the U.S. e-commerce market than Walmart Inc., Apple Inc., and every other retailer besides Amazon.com Inc. The $95 […]
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Opinion

B2B Payments: What Magic Will It Take to Make Paper Disappear? by Sri Kothur

“Although paper check payments are declining, they still account for nearly half of B2B transaction volume overall. Small- and medium-sized businesses (SMBs) are the heaviest users despite inefficiencies associated with handling paper, including tendencies to misplace checks. The independent store owner, for example, often writes a check collected by a delivery person to take to […]