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.

39% of Consumers Pay Monthly Bills on Time With Automatic Payments

39% of Consumers Pay Monthly Bills on Time With Automatic Payments
39% of Consumers Pay Monthly Bills on Time With Automatic Payments
May 31, 2022  |  Digital Payments

With most consumers now paying their recurring monthly bills via digital channels, many are embracing convenience features such as automatic payment on the due date,...

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Interac Marks 1B Annual e-Transfers
Interac Marks 1B Annual e-Transfers
May 31, 2022  |  Payment Methods

Canadian payment and value exchange service provider Interac said it has reached a “money movement milestone,” with customers using its e-Transfer service making more than...

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Why Businesses Still Love ACH Payments
Why Businesses Still Love ACH Payments
May 31, 2022  |  B2B Payments

When firms sought digital alternatives to paper checks during the pandemic, many discovered or rediscovered the benefits of a familiar standby: the automated clearing house...

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The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
May 31, 2022  |  Cross-border Payments

For all the harm caused by the pandemic, one bright spot is its impact on hiring, as remote work is now as accepted — if not...

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PYMNTS Intelligence: The Growing Importance of Money-Out Mobility for Consumers and Businesses
PYMNTS Intelligence: The Growing Importance of Money-Out Mobility for Consumers and Businesses
May 31, 2022  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Talent Shortage Is a Key Barrier to B2B Payments Innovation
Talent Shortage Is a Key Barrier to B2B Payments Innovation
May 31, 2022  |  B2B Payments

As businesses consider digital payments innovation, one of the key impediments they face is a lack of in-house knowledge about the technologies they’re looking to...

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One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth
One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth
May 31, 2022  |  Accounts Payable

Nearly all “mass payout” companies believe that their accounts payable (AP) systems’ inability to handle volume is preventing them from growing.  Get the Full Story...

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Ice Cream Trucks Get High-Tech Digital Payments Upgrade
Ice Cream Trucks Get High-Tech Digital Payments Upgrade
May 30, 2022  |  Delivery

The digital shift is leaving no aspect of food commerce untouched, with even the ice cream truck seeing tech-enabled updates from the century-old model we...

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