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.

Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces
Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces
March 15, 2024  |  Payments Innovation

Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are...

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NPCI Grants Paytm Approval to Participate in UPI Payments System
NPCI Grants Paytm Approval to Participate in UPI Payments System
March 14, 2024  |  Faster Payments

Paytm will be able to participate in India’s instant mobile payments system, Unified Payments Interface (UPI). “Now, officially your Paytm UPI will work,” the company said...

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4 Questions for CFOs About AP and AR Automation
4 Questions for CFOs About AP and AR Automation
March 14, 2024  |  B2B Payments

We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from...

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Nordic Capital to Invest in Insurance Payment Platform One Inc
Nordic Capital to Invest in Insurance Payment Platform One Inc
March 14, 2024  |  Investments

Nordic Capital is making a strategic investment in One Inc, a digital payments platform for the North American insurance industry. Nordic Capital will join Great...

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Klarna Adds Open Banking for UK Customers
Klarna Adds Open Banking for UK Customers
March 14, 2024  |  Banking

Swedish payments FinTech Klarna is now offering open banking-powered settlements in the U.K.  “The launch means consumers can now pay Klarna directly from their bank account instead of...

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TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
March 14, 2024  |  Mobile Wallets

Interactive music/entertainment platform TouchTunes is entering the mobile payment arena. The company on Thursday (March 14) announced the launch of FunWallet, its cashless mobile payment platform that lets...

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Would You Sell Your House for Bitcoin? People Do
Would You Sell Your House for Bitcoin? People Do
March 14, 2024  |  Cryptocurrency

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink...

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Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
March 14, 2024  |  Cash

Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called...

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Consumers Spend More at Restaurants When Using Digital Wallets
Consumers Spend More at Restaurants When Using Digital Wallets
March 14, 2024  |  Digital Payments

Digital wallets — such as Apple Pay and Google Pay, which use near-field communication tags, and Amazon Pay and PayPal, which use QR codes —...

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