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.

Basel Committee Warns Against Banking Digitalization Risks
Basel Committee Warns Against Banking Digitalization Risks
May 16, 2024  |  Banking

A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May...

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White-Label Payments Solutions Monetize Resellers’ eCommerce Efforts
White-Label Payments Solutions Monetize Resellers’ eCommerce Efforts
May 16, 2024  |  Payments Innovation

In an increasingly digital world, the ability to accept and process payments anytime, anywhere has become a critical component of business success. And white-labeling payment...

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Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
May 15, 2024  |  Faster Payments

Consumers and businesses — running the gamut of transaction types and across demographics —  are pivoting toward faster and digital payment options.  Overall, as detailed in...

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Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
May 15, 2024  |  VISA

Throughout history, the number seven has held significant importance. There are seven days of the week, seven colors in a rainbow, the “lucky sevens” when...

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TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
May 15, 2024  |  Acquisitions

TransNetwork has acquired Inswitch to accelerate the development of its digital product suite for cross-border payments in Latin America. The acquisition will add Inswitch’s regional expertise and its...

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Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024  |  Cross-border Payments

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to...

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APAC Middle-Market Leaders Embrace External Financing for Growth
APAC Middle-Market Leaders Embrace External Financing for Growth
May 14, 2024  |  Loans

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms...

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Open-Loop Payments Help Advance Smart City Innovation
Open-Loop Payments Help Advance Smart City Innovation
May 14, 2024  |  Connected Economy

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research...

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Instant B2B Payments Reshape Buyer-Supplier Dynamics
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024  |  B2B Payments

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by...

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