A group of Belgian banks have signed onto Europe’s digital wallet project Wero. Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are all planning to begin offering the digital wallet and instant account-to-account (A2A) payment solution starting next year, the European Payments Initiative (EPI) announced Sunday (July 6). “Wero is about Europe, and...
Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned by Visa Acceptance Solutions and researched by PYMNTS Intelligence, reveals that 61% of Brazilian consumers...
Watch more: Federal Deadline Approaches as Agencies Struggle to Move Beyond ACH Payments A looming Sept. 30 deadline set by an executive order to digitize federal government disbursements, a move affecting $175 billion worth of payments last year, presents a formidable, yet critical, challenge for...
Latin America’s financial landscape continues its digital transformation as digital payments rapidly displace traditional cash transactions, signaling a new era for commerce and financial inclusion. A recent PYMNTS Intelligence report titled, “Digital Payments Reshape Commerce Across Latin America,” a collaboration with Galileo Financial Technologies, details...
The Bank of Japan (BOJ), Japan’s central bank, is reportedly looking to digital currencies as its citizens go cashless. While the country has long adhered to a “cash is king” ethos, the share of cashless payments in Japan jumped from 13.2% in 2010 to 42.8%...
Latin America continues its financial transformation as digital payments surge, pushing traditional cash toward the periphery of commerce and financial access. The region is becoming a nexus for innovation, driven by a combination of burgeoning FinTech companies and government-backed initiatives. According to the PYMNTS Intelligence...
When Apple Pay launched in 2014, it promised a future free of plastic. Over a decade later, the ripples of that revolution are still unfolding across the way consumers pay, but not in the way observers may have expected a decade ago. While digital wallets...
In March, President Donald Trump signed an executive order that mandated a shift away from paper checks for government-related transactions. Disbursements from federal agencies, payments to those agencies and transactions across supply chains will be done via direct deposit, debit and credit cards and electronic...
Fool me once, shame on you. Fool me twice, shame on me. Fool me thrice, won’t get fooled again. That’s the emerging story when it comes to shoppers and payments fraud. And with cybercriminals lurking, a growing number of U.S. consumers are ditching their plastic...