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.

57% of Americans Trust Financial Institutions to Protect Their Data
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024  |  Banking

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance...

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Visa and 1Link Partner to Promote Digital Payments in Pakistan
Visa and 1Link Partner to Promote Digital Payments in Pakistan
September 11, 2024  |  Partnerships

Visa teamed up with 1Link, a payment system operator and payment service provider in Pakistan, to promote digital payments in Pakistan. The partnership will facilitate...

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Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
September 10, 2024  |  Digital Payments

Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a...

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Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
September 09, 2024  |  B2B Payments

In today’s uncertain operating environment, every dollar counts. With ample whitespace in the B2B market, companies are increasingly discovering that they can use their consumer-facing...

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TerraPay: Digital Wallets Will ‘Reshape Entire Financial Ecosystem’
TerraPay: Digital Wallets Will ‘Reshape Entire Financial Ecosystem’
September 06, 2024  |  Opinion

The rise of digital wallets is an opportunity waiting to be tapped. TerraPay President Reuben Salazar Genovez writes in a new PYMNTS eBook, “Beyond the...

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Trustly and Newline Partner to Facilitate Money Movement in US
Trustly and Newline Partner to Facilitate Money Movement in US
September 05, 2024  |  Partnerships

Trustly and Newline by Fifth Third have teamed up to facilitate money movement in the United States. This collaboration brings together Trustly’s open banking payments...

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Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil’s Older Consumers
Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil’s Older Consumers
September 05, 2024  |  Digital Payments

Consumers in Brazil are embracing their digital wallets for making payments. Almost half of consumers use them for paying bills, for example. Surprisingly, it is...

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Tech for Good: Boosting Nonprofit Success With Digital Payments and Subscription Models
Tech for Good: Boosting Nonprofit Success With Digital Payments and Subscription Models
September 05, 2024  |  Digital Payments

When it comes to payments, no one gets a hall pass. Not even a nonprofit gets one. In fact, the world of charitable giving offers...

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Integration-to-Impact Window Gets Tighter for B2B Payments Innovation
Integration-to-Impact Window Gets Tighter for B2B Payments Innovation
September 05, 2024  |  B2B Payments

Innovations wouldn’t be deemed as such if they didn’t change things in a transformative way. And the world of B2B payments — characterized by complex...

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