Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Will Walmart’s New Bank Payment Option Tip the Scales for Other Retailers?
Will Walmart’s New Bank Payment Option Tip the Scales for Other Retailers?
September 19, 2024  |  Walmart

Walmart’s scale and installed base of loyal customers may move the needle on instant payments in general, and instant bank payments specifically. PYMNTS Intelligence estimated...

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Global Embrace of eInvoicing Targets Fraud
Global Embrace of eInvoicing Targets Fraud
September 19, 2024  |  B2B Payments

Businesses want to be paid in a timely manner. Governments want tax revenue. The advantages of cutting down on paper — and, specifically, paper invoices...

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Digital Wallet Providers Face Uphill Battle Defining the Technology
Digital Wallet Providers Face Uphill Battle Defining the Technology
September 19, 2024  |  Digital Payments

Digital wallets are table stakes for most consumer across five major markets (Brazil, France, Germany, Brazil, the U.K. and the U.S.). In fact, 86% of...

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Mastercard Focuses Data Initiative on Business and Customer Intelligence
Mastercard Focuses Data Initiative on Business and Customer Intelligence
September 19, 2024  |  Digital Payments

One of the more reasonant insights from the PYMNTS Intelligence “How The World Does Digital” report can be found in the differences between the countries...

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Embedded Finance Is the Force Multiplier for PayFacs and Software Platforms
Embedded Finance Is the Force Multiplier for PayFacs and Software Platforms
September 19, 2024  |  eCommerce

Payment facilitators (PayFacs) are transforming how and where we conduct commerce. Entities such as independent software vendors (ISVs) and online marketplaces offer services and products,...

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53% of Healthcare Organizations Have Automated Payment Workflows
53% of Healthcare Organizations Have Automated Payment Workflows
September 19, 2024  |  Healthcare

The healthcare industry faces significant challenges with outdated payment and claims systems, which undermine financial stability and patient satisfaction. Despite the potential benefits of digital...

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4 Things B2B CPOs Should Know About Shrinking Paper Payments
4 Things B2B CPOs Should Know About Shrinking Paper Payments
September 18, 2024  |  B2B Payments

The business-to-business (B2B) landscape is undergoing an explosion of innovation — especially around payments. Wednesday (Sept. 18) alone, news broke that Brex launched an embedded B2B...

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Visa and Dtcpay Partner to Facilitate Use of Digital Currencies
Visa and Dtcpay Partner to Facilitate Use of Digital Currencies
September 18, 2024  |  Partnerships

Visa and Singapore-based digital payments solutions provider dtcpay partnered to help consumers and businesses convert digital currencies into fiat and make digital payments. By integrating...

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One Size Fits All Misses the Digital Payments Mark
One Size Fits All Misses the Digital Payments Mark
September 18, 2024  |  Digital Payments

Ask 10 people what the concept and execution of “digital engagement” mean, and you’ll get 10 different answers. For Serena Smith, chief client officer of...

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