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.
70% of Small Businesses Want Better Cash Management Services From Banks
70% of Small Businesses Want Better Cash Management Services From Banks
July 31, 2024  |  SMBs

Small to mid-sized businesses (SMBs) are contending with a perfect storm of financial difficulties: outdated payment systems, persistent inflation and delayed payments. These issues disrupt...

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Western Union’s Digital Surge Offsets In-Store Decline
Western Union’s Digital Surge Offsets In-Store Decline
July 30, 2024  |  Earnings

The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite...

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PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024  |  Earnings

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...

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AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024  |  Payment Methods

When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...

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Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
July 29, 2024  |  Real-Time Payments

True seismic shifts in payments occur over the course of years — not months. But, as Jim McCarthy, CEO of Thredd, told Karen Webster, the...

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Square Teams With US Foods as Restaurants Face Digital Opportunities
Square Teams With US Foods as Restaurants Face Digital Opportunities
July 25, 2024  |  Partnerships

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on...

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Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
July 24, 2024  |  Mobile Payments

Prósperos has announced the general availability of its mobile financial platform designed for Spanish-speaking consumers in the United States and their families in Latin America....

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New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK
New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK
July 24, 2024  |  Digital Payments

Digital wallets are becoming popular among consumers in the United Kingdom. In fact, nearly half (44%) of consumers in the country expect to continue using...

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FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

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