Payments News

On The Web

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Companies

PayPal Taps Into the NPP for Instant Transfers to Bank Accounts

“PayPal has introduced a new feature enabling transfers from PayPal balance to domestic bank accounts and Visa debit cards within one minute. The feature uses the New Payment Platform (NPP) through PayPal’s partnership with the National Australia Bank (NAB) and Visa’s real-time payments platform, Visa Direct. It is available for transfers as low as $2 with […]
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Deals

An App Emerges for Fast Payments to a Fast-Growing Base of Freelance Workers

“As the gig economy grows, startups are emerging to meet an expanding market for payment. An especially ambitious example is Willa Inc., which on Wednesday announced an $18-million Series A funding round led by FinTech Collective and including sums from existing investors EQT Ventures and Entrée Capital. The Ventura, Calif.-based startup says it will use […]

On The Wires

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Domains

Nuvei Expands Digital Payouts in the U.S. With Visa Direct

“With Visa Direct, Nuvei’s clients will be able to provide fast payout capabilities to their customers, with transactions routed and processed in near real time. The expansion of Nuvei’s offering with Visa Direct to the U.S. marks an exciting milestone as part of the Company’s goal to deliver the latest payment innovations at a global […]
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Domains

Launching SMART Disburse – A Fast Way to Pay Suppliers & Individuals

“Transcard, a leading provider of payments and technology solutions, announced today the launch of its SMART Disburse platform which enables businesses, banks, and Fintechs to easily pay suppliers and individuals using any payment type or payment rail. Innovative unified solution combines multi-rail payment capabilities, seamless integration with any ERP, legacy software or bank API layer, […]
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Domains

RealPage Announces New Prepaid Debit Card Solution

“RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, announced today the launch of a new prepaid Mastercard® debit card solution designed to modernize the funds distribution systems within the real estate industry. This first-to-market service will transform the way properties provide refunds, reimbursements and incentives or rewards […]
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Domains

Loadchief, Velo Payments Team Up to Transform Last-Mile Delivery Payments

“Two platforms that are transforming the on-demand economy, Velo Payments and Loadchief, today announced a new partnership to modernize driver payments in the final-mile delivery marketplace. The agreement will offer the most flexible and easiest-to-use payment service for delivery companies to compensate independent drivers. Loadchief connects delivery companies with professional, independent drivers to provide contract […]
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Domains

BofA Expands Its Digital B2C Payment Offerings With Pay to Card

“Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers quickly and digitally by depositing funds directly into an individual’s or small business’ bank account. Pay to Card leverages the details of a bank card […]
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Domains

Nium Launches Global Payments Solution for Maritime Companies

Nium, a leading global payments platform, today announced the launch of its maritime payments solution, aimed at digitising the payments experience for shipping companies, their management, seafarers, and their families. The Nium maritime payment solution leverages the company’s global licence network and integrated technology stack to enable real-time payroll disbursements, vendor payments, eWallet services, and remittances.
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Domains

Payoneer Announces Agreement With eBay

“Payoneer, the global payment and commerce-enabling platform which powers growth for millions of digital businesses worldwide, announced today that it is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. eBay has teamed up with Payoneer as part of its mission to modernize its marketplace, […]