FTC issues refunds to SMBs hit by scam, PayPal explores how eWallets can tackle B2C payments friction, and corporate accounting standards headed for more change
| | | | BUSINESS-TO-BUSINESS EDITION | | Payment Rails Search For Harmony In B2B Payments From building new payment rails to bypass the interbanking system to developing technologies to strengthen capabilities of existing rails like ACH, there are more options than ever for corporates to make payments. PYMNTS explores the latest stories of FinTechs working to improve payment rail functionality, while also keeping an eye on a growing challenge: Enabling these various rails to cooperate and coexist with each other. |
| PODCAST: Integrated Payments |
| Why The 2020s Will Be The Vertical Payments Solutions Decade Vertical payment solutions are nothing new, but bringing payments in-house is gaining traction among merchants and marketplaces. Bob Butler, president of Payrix, tells Karen Webster that in the decade ahead, real-time payments will be on demand, and high-level fraud fighting and security offerings will be table stakes. Hereâs whatâs coming for vertical payments and why. |
| | Mobile Wallets | | PayPal: Taking On Corporatesâ B2C Payment Pain Points With Digital Wallets From gig worker payouts to insurance claims and rebates, the demand for B2C payments is on the rise. However, with recipients frequently across borders â and often without traditional bank accounts â the friction can be significant. PayPal Vice President and Head of Global Core Payments Jim Magats, on the heels of this weekâs expanded partnership with Citi, tells Karen Webster about the opportunity for connecting corporate coffers to mobile wallets to ease B2C payments' pain. |
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