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Payments

Contactless payment growth has been slow, however
Criminals increasingly sophisticated despite added security protection
04/23/2014 - 00:00

Time to charge?

Long-simmering question of whether or not to charge for e-payments heats up
NACHA hopes to improve reliability while cutting costs
Joins similar ATMs in Austin, Boston, Seattle, and other cities
Banks still need to focus cross-selling efforts to increase RDC sales
NACHA change would shift away from next-day settlement
NACHA rule changes standardize P2P, clarify third-party sender definition
Agreements affect Visa, MasterCard debit cards
Consumers cite convenience, flexibility, fixed spending limit

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