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.

Philippines Shutting Down Digital Bank Requests

Philippines Shutting Down Digital Bank Requests
Philippines Shutting Down Digital Bank Requests
August 19, 2021  |  Banking

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept....

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OnlyFans To Restrict Content After Payments Processors Complain
OnlyFans To Restrict Content After Payments Processors Complain
August 19, 2021  |  Digital Payments

OnlyFans, a subscriber-based site known for hosting pornographic content, has announced it will no longer allow sexually explicit material on the site as of October,...

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PayNearby Teams With Visa, RBL Bank To Launch SoftPoS, mPOS In India
PayNearby Teams With Visa, RBL Bank To Launch SoftPoS, mPOS In India
August 19, 2021  |  Cross-border Payments

India’s 30 million-plus MSMEs (micro, small and medium enterprises) now have access to an all-inclusive digital payment hub, minimizing the effect of poor infrastructure on...

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By Offering Contactless Payments, Salons Go A Cut Above
By Offering Contactless Payments, Salons Go A Cut Above
August 19, 2021  |  Digital Payments

The United States beauty industry raked in more than $62 billion in sales in 2019, but the largely brick-and-mortar retail space was badly affected by...

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QR Codes Key To Unlocking Billions Trapped In Unused Gift Cards
QR Codes Key To Unlocking Billions Trapped In Unused Gift Cards
August 19, 2021  |  Digital Payments

Blackhawk Network is on a mission to unlock billions of dollars in value that’s stored on people’s smartphones — whether it’s loyalty points, air miles...

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Today in Digital Banking: Truist’s New CEO, Nuvemshop and Branch Finish Fundraising
Today in Digital Banking: Truist’s New CEO, Nuvemshop and Branch Finish Fundraising
August 18, 2021  |  Banking

Today in digital banking, Branch snags $540 million in Series B fundraising. Plus, Truist overhauls leadership team after 2019 merger and Latin American eCommerce platform...

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BankProv To Offer Real-Time Payments Capability Through RTP Network
BankProv To Offer Real-Time Payments Capability Through RTP Network
August 18, 2021  |  Payment Methods

Commercial bank BankProv is now among the ranks of the RTP network, per reports on Wednesday (August 18). This will let customers settle payments more...

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Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
August 18, 2021  |  Digital Payments

Global FinTech Fiserv’s Carat ecosystem is broadening its digital payout options to enable businesses to send money directly to PayPal and Venmo accounts.  Get the...

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