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.

Algorand Foundation Invests in Afghanistan’s HesabPay
Algorand Foundation Invests in Afghanistan’s HesabPay
December 01, 2023  |  Cryptocurrency

The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. The investment was revealed at the...

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Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
December 01, 2023  |  Biometrics

Biometric authentication methods have expanded into multiple applications in recent years, from online payments to mobile devices to banking transactions or facial identification for security....

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...

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PayU Plots India IPO For Second Half of 2024
PayU Plots India IPO For Second Half of 2024
November 29, 2023  |  IPO

Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed...

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PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
November 28, 2023  |  Investments

PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. The company will use the capital...

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Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023  |  eCommerce

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...

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Biometrics May Be Online Retail’s Ticket to More Sales
Biometrics May Be Online Retail’s Ticket to More Sales
November 24, 2023  |  Retail

Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. Biometrics systems are gaining popularity as...

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Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
November 22, 2023  |  B2B Payments

When it comes to B2B payments innovation, thinking outside the box isn’t enough. It’s time to redesign the whole package. That’s what PYMNTS learned from...

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Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
November 22, 2023  |  CBDC

The digital euro is feasible, and now comes the next chapter. In a speech delivered Tuesday (Nov. 21) and published by the Bank for International...

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