Digital Payments

Digital Payments
Report: Nonprofits Forced To Make The Digital Shift
March 02, 2021

For nonprofits of all types, the last year has been about making the same digital dive that everyone else has. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Digital Payments
Paytm’s Monthly Transactions Climb To 1.2 Billion
March 01, 2021

India-based Paytm said it reached 1.2 billion monthly transactions in February as eCommerce continued its boom in that country. India’s Economic Times reported that Paytm is also joining up with Ola and private lender IndusInd Bank to seek a new umbrella entity (NUE) license from the...

Digital Payments
Early Warning Services, TCH Now Allow Zelle Payments Via RTP Network
February 25, 2021

Early Warning Services, LLC (EWS), a FinTech owned by seven of the nation’s largest banks, and The Clearing House (TCH) announced that Zelle® transactions can now be cleared and settled through the RTP® network, according to a press release emailed to PYMNTS. Get the Full...

Digital Payments
Fed Money Sending System Goes Down For Hours
February 24, 2021

The Federal Reserve system allowing financial institutions (FIs) to send money back and forth was down for several hours on Wednesday (Feb. 24), CNBC reported. However, it appeared to be coming back online by later in the afternoon. Get the Full Story Complete the form...

Digital Payments
Mastercard, Deutsche Bank Team On Digital Payments Innovation For Businesses
February 24, 2021

Mastercard and Deutsche Bank are linking up to develop “innovative digital payment solutions for companies.” According to a press release, the collaboration will target businesses, helping them reach new customers, “develop digital business models and expand sales channels in Germany and beyond.” Get the Full...

Digital Payments
Mastercard, Island Pay Launch CBDC-Linked Card In The Bahamas
February 22, 2021

Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s central bank digital currency (CBDC), the Bahamas digital Sand Dollar. Get the Full Story Complete...

Digital Payments
Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
February 22, 2021

Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Digital Payments
FinTech Mogo Enters US Digital Payments Via Carta Subsidiary
February 18, 2021

Digital payments and FinTech company Mogo has announced that its subsidiary, Carta Worldwide, will be expanding into the U.S., according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Road To Success For Banks In The Digital Era Runs Through Payments
February 18, 2021

There has been no shortage of downbeat economic statistics over the past year, from high unemployment rates to declining gross domestic product (GDP) values. Consumers and businesses have demonstrated remarkable resiliency and adaptability during the past 12 months, however, and commerce, rather than disappearing, has...