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.

Alipay To Start Charging A Withdrawal Fee
Alipay To Start Charging A Withdrawal Fee
September 13, 2016  |  Payment Methods

Alipay, a mobile payment company in China, said on Monday (Sept. 12) that it will beginning charging a withdrawal fee due to rising costs. According...

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Ecobank And Mastercard Launch Ecobank Masterpass QR
Ecobank And Mastercard Launch Ecobank Masterpass QR
September 12, 2016  |  Mastercard

Ecobank Group is partnering with Mastercard to launch Ecobank Masterpass QR, an update to the Masterpass global digital payment service. The global digital payment system...

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Google And Apple Are Getting Into The Digital Payment Market In Japan
Google And Apple Are Getting Into The Digital Payment Market In Japan
September 01, 2016  |  Payment Methods

Alphabet, the parent of Google, is getting into the digital payments market in Japan, inking a deal with Mitsubishi UFJ Financial Group (MUFG) for its Android...

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Millennials Are Shunning Credit Cards
Millennials Are Shunning Credit Cards
August 16, 2016  |  Payment Methods

Millennials may know something that their older counterparts haven’t figured out yet: Cash is better than credit cards. That’s according to data from the Federal...

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Will Digital Payments Slash Costs for Banks?
Will Digital Payments Slash Costs for Banks?
August 05, 2016  |  Digital Banking

Brian Moynihan, Bank of America CEO, says the rise of mobile payments will lead to a fall in the cost of doing business

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iYap Launches Liquid Cash Digital Payment System
iYap Launches Liquid Cash Digital Payment System
July 28, 2016  |  Payment Methods

IYap, the digital payments company, has rolled out Liquid Cash, a digital payment system that lets users pay and send money to anyone around the...

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India Digital Payment Market To Hit $500 Billion In 2020
India Digital Payment Market To Hit $500 Billion In 2020
July 27, 2016  |  International

By 2020, India will see digital payment growth of 10 times its current size, hitting $500 billion and contributing 15 percent to the country’s gross...

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MasterCard’s Smart Cities Now Includes Digital Payments
MasterCard’s Smart Cities Now Includes Digital Payments
July 08, 2016  |  Innovation

MasterCard is partnering with 100 Resilient Cities — Pioneered by The Rockefeller Foundation (100RC) in order to push digital payments as part of its “Smart Cities” initiative and leverage...

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