Paypal and Venmo Begin Offering Visa+ P2P Payments

2024-04-02 08:01 AM by Alex Mitchell

Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the company said in a Monday (April 1) news release as it announced the expansion of its P2P and business-to-consumer (B2C) payouts offerings. Additionally, Astra, Brightwell, Cross River Bank and Fiserv plan …

Instant Disbursement Use Has Grown 790% Since April 2017

2024-03-22 06:32 AM by Alex Mitchell

More than half of United States consumers received disbursements from various corporate and government agencies in the last 12 months. This number is slightly less than at this time last year due to an ongoing drop in government disbursements. Even so, the number of disbursements consumers receive is on the rise, especially instant disbursements. When …