The cash on delivery model in India is starting to change as more Indian consumers embrace digital alternatives amid the pandemic, says Karthik Raghupathy, head of strategy for digital wallet provider PhonePe. In this month's Smarter Payments Tracker, Raghupathy discusses how offering streamlined mobile payment...
Companies that are looking to launch offices in more countries and serve customers in new markets need to be able to easily pay staff in those locations. The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll...
Many consumers’ financial needs revolve around international transactions, meaning they require banking services that can help them smoothly make or receive cross-border payments. Workers who move to new countries often want to send money home to help out family members, for example, making finding convenient,...
For 40 million U.S. immigrants, opening bank accounts and cost-effectively sending funds to another country can mean using multiple banking and payment apps. But in the Smarter Payments Tracker, Rayo General Manager Joaquin Ayuso explains the role that Banking-as-a-Service integrations play in helping financial institutions...
August 20, 2020
The pandemic has raised heated debates about how to safely educate students at a time when having pupils and teachers flock into school buildings and college campuses raises risks to potentially contract or spread the virus. Some families and students have turned to online tutoring to get extra one-on-one education support after many schools closed […]
July 07, 2020
B2B payments are undergoing a vast digital transformation, with solutions providers stepping up to offer more speedy options as companies look to expand internationally. Nowhere is this change more apparent...
June 08, 2020
Cross-border payments are expected to hit $39 trillion by 2022, with $572 million worth of payments consisting of remittances sent from migrant workers to their families abroad. These payments can...
August 30, 2018
In the financial services sector, payment rail networks are a valuable resource for quickly moving and settling payments between parties. As more companies go global and engage in cross-border trade, these rails will face increased demand to efficiently deliver money, and there will be a growing need for the adoption of a common protocol to […]