article thumbnail

U.S. Bank teams with Lithia on real-time payments tool

Payments Dive

Bank and Lithia Motors are teaming up to test a new real-time payments tool for customers selling their used cars to the auto dealer in their driveways. The pilot in Portland, Oregon, is expected to be rolled out nationwide this year.

Tools 222
article thumbnail

Portland to test contactless cards in Oregon’s largest mass-transit system

Payments Source

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WEX Reorganizes With New Team For B2B Payments

PYMNTS

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare. He also previously worked at U.S.

Payments 239
article thumbnail

Mastercard Enables Contactless Payments At TriMet

PYMNTS

Commuters in Portland, Oregon and Vancouver, Washington can now add a digital Hop Fastpass card to their iPhone or Apple Watch, thanks to an alliance between Mastercard and Apple. According to Mastercard, since TriMet did that, Portland has been able to eliminate 210,000 daily car trips and saved more than $150 million in congestion expenses.

Portland 172
article thumbnail

Google Teams With Portland’s Public Transport Operator TriMet for First Android Pay Virtual Transit Card

Bank Innovation

Here comes the world’s first virtual transit card in Android Pay, well at least according to Google and Portland’s public transport operator TriMet, who teamed up to unveil the Hop Fastpass.

Portland 286
article thumbnail

U.S. Bank pilot enables real-time payments for online auto dealer Driveway

BankInovation

Driveway.com will be the first online auto dealer to offer real-time payments (RTP) to sellers, the result of a new partnership with U.S. A pilot is currently underway with Driveway customers in the Portland area and will roll out to all customers after the […].

article thumbnail

WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

“I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. Blessed To Have Tech Solutions.

Payments 272