The Link between Social Networks and Faster Payments
The push for faster payments has reached a fever pitch and almost all payment processors have some sort of solution. While each have identified target verticals, few have taken full advantage of a common denominator, social networks. Of course, each of these companies have a Facebook page, tweet commentaries and post photos on Instagram. But they fail to appreciate the psychological similarities of a reading a social post and receiving an instant payment. Or that the ease of
Is It Time To Eliminate Plastic Cards for Prepaid?
One of the most exciting innovations that came out of Apple’s WWDC 2017, was the “Venmo competitor” Apple Pay Message that is built on a digital debit card called Apple Pay Cash. APC is powered by prepaid leader Green Dot and is the latest deployment of a virtual prepaid account. In 2016 Square launched a virtual prepaid debit account linked to the Square Cash app as a key element of it’s evolving payment strategy. And the trend toward virtual is not just for prepaid. China