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.

Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

READ MORE >
Can Convenience Turn Digital Bills Into Digital Payments?
Can Convenience Turn Digital Bills Into Digital Payments?
March 04, 2024  |  Earnings

The business-to-business (B2B) payments landscape has undergone two-plus decades of digitization and innovation. And the particularly rapid acceleration of that digitization over just the past...

READ MORE >
Amex Integrates Virtual Cards With Business Travel Platform
Amex Integrates Virtual Cards With Business Travel Platform
March 04, 2024  |  Travel Payments

American Express has launched a small business-focused integration with American Express Global Business Travel.  The collaboration, announced Monday (Mar. 4), lets businesses issue a virtual card for...

READ MORE >
Digital Wallets Top Innovation Agenda for Media and Telecom Platforms
Digital Wallets Top Innovation Agenda for Media and Telecom Platforms
March 04, 2024  |  Payments Innovation

Businesses in the media and telecom space display strong appetites for a range of embedded finance innovations, from digital wallets to installment plans to business...

READ MORE >
Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
March 01, 2024  |  Partnerships

Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use...

READ MORE >
Mastercard and MTN Group Partner on Mobile Payments in Africa
Mastercard and MTN Group Partner on Mobile Payments in Africa
March 01, 2024  |  Mobile Payments

Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will...

READ MORE >
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
March 01, 2024  |  eCommerce

As digital merchants compete for consumers’ growing online grocery spending, Ocado Group said one of the biggest challenges to driving penetration across the industry is key players’...

READ MORE >
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024  |  eCommerce

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome...

READ MORE >
Report: Fiserv a Top Contender to Acquire Shift4 Payments
Report: Fiserv a Top Contender to Acquire Shift4 Payments
February 28, 2024  |  Acquisitions

Fiserv and Amadeus IT Group are reportedly competing to acquire Shift4 Payments, which has been running a sale process. The two main contenders are preparing...

READ MORE >