Zelle®’s Post

Because financial institutions are still in the earliest stages of adopting cross-border payments technology, one of two things will happen. Either classic correspondent banking systems will adopt software that allows them to be competitive, or alternative paradigms will begin to gain traction. “My prediction is that we’ll see more financial institutions all around the world offering these types of products to their customers,” Gary Palmer, CEO and Founder at Payall Payment Systems, Inc. said. “In five years, we’ll see more pay by bank payments using infrastructure like ours. But I want to be clear, we’re literally just getting started. There’s a long way to go before that happens.” Read more: https://ow.ly/YhB350Uv675 #payments #crossborder #emergingpayments #globalpayments #paymentsinfrastructure

PaymentsJournal has published an insightful article: How Financial Institutions Can Change the Paradigm for Cross-Border Payments. It highlights the inefficiencies in traditional cross-border payments and explores how purpose-built solutions are addressing these challenges. At Payall Payment Systems, Inc., we’re proud to be a part of this paradigm shift. The article underscores how companies like ours are helping financial institutions navigate the complexities of global payments. By leveraging innovative technology, at Payall, we solve the challenges of cross-border payments by combining automated compliance, streamlined payment orchestration, and secure, user-friendly tools to make transactions faster, more transparent, and as seamless as domestic transfers. A big thank you to PaymentsJournal for shedding light on this critical topic. We’re excited to continue leading this transformation. #PaymentsJournal #CrossBorderPayments #Payall #Fintech #Innovation #GlobalPayments #FinancialInclusion

In the world of payments, staying at the forefront of innovation is key to meeting the growing demands of businesses and consumers alike. 📈 Our industry continues to witness remarkable growth in instant payments and Same Day ACH here in the U.S., as outlined in a recent article by UMACHA President and CEO, Angi Farren, AAP, APRP. In our newest blog, Angi dives into the current landscape of these payment systems, celebrating milestones while highlighting areas that still need our attention and commitment to fuel future progress. Check out the article to get insights on where we stand today—and where we’re headed. Let’s continue shaping the future of payments together! 💬 #Payments #InstantPayments #SameDayACH #Fintech #Innovation https://lnkd.in/g7dXekQm

Ever wondered what happens when you swipe or tap your card? Dive into the intricate world of payment and discover the magic that makes every transaction seamless!✨ #fintech #payments #product #business #cardnetwork https://lnkd.in/dkBkdbp2

𝐒𝐂𝐀𝐍 >𝐏𝐀𝐘>𝐒𝐓𝐀𝐒𝐇 ❌️ 𝐒𝐂𝐇𝐄𝐃𝐔𝐋𝐄 >𝐏𝐀𝐘>𝐒𝐍𝐀𝐓𝐂𝐇 ✅️ Choose Wisely 🗳⁉️ Mastering Online Payments & Withholding Your Money: The Digital Era's Art Navigating the intricate world of online payments can be a daunting task, especially when it comes to ensuring your hard-earned money is secure and accessible.💷 👀 Are you looking to 👀 Control your Payments to Grab the money flewing away? Mitigate risks and protect your funds from fraud and chargebacks? Navigate the complexities of tax regulations and ensure compliance? Join the conversation and share your experiences, challenges, or questions about online payments. Let's collectively explore strategies to master this essential aspect of the digital Money. #onlinepayments #digitalfinance #fintech #moneymanagement #taxcompliance #businessgrowth #employees

Did you know that 93% of all payments in the US are now processed electronically through credit cards or ACH transfers? The rapid shift to online services confirms that digital transformation is essential and here to stay! Want to keep your community ahead of the curve? Watch our latest webinar, "Empowering Communities with Electronic Payments: A Government’s Guide to Digital Transformation." Watch now: https://lnkd.in/gFTsDaFX

The State of US Instant Payments Adoption In this #FinextraTV #PREDICT2025 USA interview, Reed Luhtanen, Executive Director & CEO of U.S. Faster Payments Council, talks about industry expectations for #instantpayments in the US for 2028 – the year in which between 70-80% of #financialinstitutions are expected to receive instant #payments, and 30-40% will have the capability to send #instantcredits. https://lnkd.in/eaAkCmXF #fintech #finance #financialservices #banks #banking #technology #innovation #future #trends #PREDICT #predictions #digitalpayments #realtimepayments #digitalpayments #USA #regulation #standards #fasterpayments #paymentservices #customerexperience #partnerships #collaboration #paymentserviceproviders #money #cashmangement #fraudprevention #paymentrails #security #paymentsecosystem #MFA #authentification #clearing 

US banks, credit unions, fintechs, and companies - are you ready to embrace instant payments? If so, why? and if not, why not? Who's onboard already, what's next, and what will it take for real time payments to really take off in the US? Excellent and quick update, stats, and a look forward as part of our #PREDICT2025 series with Reed Luhtanen, CEO of U.S. Faster Payments Council with Finextra and Debi Bell-Hosking #futureofpayments #realtimepayments #PREDICT2025

If you think NFC is superior and QR codes are outdated, this article is for you. In reality, both technologies excel when used in the right context. NFC is ideal for quick phone taps, but QR codes shine when integrated into AR glasses or embedded in PDF invoices. At their core, the difference between them is superficial. Both QR codes and NFC are simply data transmission methods—the real focus lies in the format of the transmitted data. The same standards that apply to QR codes can also be used for NFC or even sound-based payments, like using your AirPods. Having a standard data format that works seamlessly across QR codes, NFC, or sound-based systems is essential for enabling payers to transfer funds directly from one bank to another without intermediaries, leveraging existing instant payment systems.

Instant payments are proliferating, and business bankers are searching for a set of “killer use cases” to drive widespread adoption. Many businesses are experimenting with instant payments, yet awareness among the broader market remains low and misperceptions abound. The report examines the design, product, marketing, and educational challenges ahead as FIs roll out instant payments. And it draws on hundreds of responses from businesses to identify key early behaviors and determine the most valuable use cases as the market evolves. Download the full report: https://lnkd.in/e48R9t_u