Instant Transfer news and trends

Visa, PayPal Expand Global Real-Time Payments Partnership
Global Payments // September 10, 2020

As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed to PYMNTS. The global partnership will boost sending or receiving funds through PayPal, Venmo or...

PayPal Expands Instant Transfers With Mastercard
Partnerships / Acquisitions // November 27, 2019

PayPal has extended its Instant Transfer feature into Singapore and Europe, according to a press release. The feature, which is in partnership with Mastercard, allows for customers to transfer funds from their PayPal accounts to their Mastercards in real time. “We are excited to partner...

Venmo Offers Instant Transfer To Bank Accounts
Digital Banking // August 12, 2019

Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug. 12). “Having money in your Venmo account is an awesome feeling — it makes paying friends and family that much...

PayPal, Visa Bring Instant Settlement To SMBs In Canada
Digital Payments // July 02, 2019

Payment bottlenecks cause problems for all types of consumers and companies, not the least of which are small and medium-sized businesses (SMBs). But a new offering from PayPal and Visa could help ease those frustrations and hassles. The two payments firms announced on Tuesday (July...

Quick Reads
Apple To Raise Apple Cash Instant Transfer Fees

August 06, 2021
Apple Cash customers can now use Instant Transfer with Mastercard debit cards in addition to Visa debit cards to move Apple Cash to their bank accounts. Starting August 26, the cost to make an Apple Cash Instant Transfer will be 1.5 percent of the transfer amount, with a minimum of 25 cents and a maximum […]

Visa, PayPal Expand Global Real-Time Payments Partnership

September 10, 2020
As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed...

PayPal Expands Instant Transfers With Mastercard

November 27, 2019
PayPal has extended its Instant Transfer feature into Singapore and Europe, according to a press release. The feature, which is in partnership with Mastercard, allows for customers to transfer funds...

Venmo Offers Instant Transfer To Bank Accounts

August 12, 2019
Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug. 12). “Having money in your...