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.

Study: Merchants Weigh Implementation Costs of Pay-by-Bank Options as Interest Grows
Study: Merchants Weigh Implementation Costs of Pay-by-Bank Options as Interest Grows
October 24, 2024  |  Digital Payments

  Although pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective...

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Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks
Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks
October 24, 2024  |  Healthcare

For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival...

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Western Union’s Digital Business Sees 15% Growth in Transactions
Western Union’s Digital Business Sees 15% Growth in Transactions
October 23, 2024  |  Earnings

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked...

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Clarity Is Key: The Link Between Transparent Billing and Chargeback Reduction
Clarity Is Key: The Link Between Transparent Billing and Chargeback Reduction
October 23, 2024  |  Digital Payments

  Unexpected charges are a reality that 30% of consumers experienced in just the last 12 months. These charges could include either outright fraud or...

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WEX Sees Embedded Experiences Impacting Supply Chains
WEX Sees Embedded Experiences Impacting Supply Chains
October 23, 2024  |  B2B Payments

When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about....

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Treasurers See Payments and Data Convergence Improving Operations
Treasurers See Payments and Data Convergence Improving Operations
October 23, 2024  |  B2B Payments

As digital technology advances, some of the biggest recipients of its transformative benefits are sitting in the finance function. After all, digital payments bring with...

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Thunes QR Code Payments Tool Streamlines Transactions for Travelers Visiting China
Thunes QR Code Payments Tool Streamlines Transactions for Travelers Visiting China
October 22, 2024  |  Mobile Wallets

Thunes launched a payments tool to help travelers doing business in China. The company’s new QR Code Payments solution enables foreign mobile wallets and financial...

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Apple Pay’s 10-Year Journey and Its Next Decade of Decisions
Apple Pay’s 10-Year Journey and Its Next Decade of Decisions
October 22, 2024  |  Apple Pay

PYMNTS Intelligence published its annual report on the usage and adoption of Apple Pay yesterday (October 21). That report marked the ten-year milestone of Apple...

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Instant Payments Could Eliminate Construction’s $280B Late Payments Problem
Instant Payments Could Eliminate Construction’s $280B Late Payments Problem
October 22, 2024  |  Money Mobility

Delayed and incorrect payments are a perpetual headache for the construction industry. These issues not only burden accounting teams but also have serious downstream ramifications....

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