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.

Will Merchants, Consumers Warm Up To SRC Payments?
Will Merchants, Consumers Warm Up To SRC Payments?
July 20, 2018  |  Digital Payments

As a species, human beings tend to like consistency. That desire extends to eCommerce, too — and it’s the motivation behind a new digital payments technology...

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Nigeria Sees Decline In Banked Adults Thanks To Mobile Money Roadblocks
Nigeria Sees Decline In Banked Adults Thanks To Mobile Money Roadblocks
July 19, 2018  |  Financial Inclusion

Despite being home to Africa’s biggest mobile phone market, Nigeria is seeing a decline in banked adults in the country. According to a report in...

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Why Making Payroll Faster Slows Employee Churn
Why Making Payroll Faster Slows Employee Churn
July 18, 2018  |  Disbursements

Even in the best of times, turnover wastes employers’ time and money, and the problem only gets worse with low unemployment. But what if one...

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Today In Data: The Many Right Contexts For Commerce
Today In Data: The Many Right Contexts For Commerce
July 16, 2018  |  Today In Data

The era of contextual commerce is upon us  — though what exactly that means can vary. One brand’s successful foray into context can easily turn into another brand’s...

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New Payments Rule Could Cost Alipay, Tencent More Than $1B
New Payments Rule Could Cost Alipay, Tencent More Than $1B
July 16, 2018  |  Payment Methods

Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks...

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Companies, Individuals In China Can’t Discriminate Against Cash
Companies, Individuals In China Can’t Discriminate Against Cash
July 13, 2018  |  Cash

China’s central bank said Friday (July 13) that companies and individuals have to accept cash payments, but that the rule isn’t being applied to online payments...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Security & Fraud

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
July 10, 2018  |  Digital Payments

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come...

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Mastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks
Mastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks
July 10, 2018  |  B2B Payments

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. A...

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