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.

Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
January 09, 2024  |  Fraud Prevention

Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate. That’s because, just like other types of fraud and cybercrime, friendly...

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eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024  |  Personnel

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans....

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Data Shows Bitcoin ETFs Might Not Make Crypto as Popular as Enthusiasts Expect
Data Shows Bitcoin ETFs Might Not Make Crypto as Popular as Enthusiasts Expect
January 05, 2024  |  Cryptocurrency

The investment world seems to be holding its collective breath, waiting for the Securities and Exchange Commission to approve a bitcoin exchange-traded fund (ETF). Whether...

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Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
January 05, 2024  |  eCommerce

Online marketplaces like Amazon, eBay and Rakuten are increasingly embracing embedded payments options for consumers, such as digital wallets and buy now, pay later (BNPL). According...

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Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
January 04, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay by bank, involve the transfer of funds between bank accounts, often in real-time. Unlike traditional card networks, these...

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A Third of Consumers Cite Security for Avoiding Mobile Bill Payments
A Third of Consumers Cite Security for Avoiding Mobile Bill Payments
January 04, 2024  |  Mobile Wallets

Mobile wallets have gained significant popularity in recent years, providing consumers with a convenient and fast way to make purchases without the need for cash...

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In 2024, Open Infrastructure Can Solve Complex Problems — and Simplify Commerce
In 2024, Open Infrastructure Can Solve Complex Problems — and Simplify Commerce
January 04, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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1 in 5 Consumers Pay Auto Loans With Mobile Wallets
1 in 5 Consumers Pay Auto Loans With Mobile Wallets
January 04, 2024  |  Mobile Wallets

Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive...

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