Digital Payments

Digital Payments
New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage
August 01, 2024

Consumers in Germany are embracing their digital wallets for payments. Nearly half (47%) use them for online shopping for example. Surprisingly, baby boomers and seniors in Germany are more likely to use one for online shopping than Generation Z consumers. Get the Full Story Complete...

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

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 these wallets to carry out financial transactions in the next three years. Get the Full Story Complete the form to...

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

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 up and connect to the new rails. Seth Perlman, global head of product for i2c, told PYMNTS that the sign-ups...

Digital Payments
Cash App Integrates With Google Play to Attract Gamers
July 18, 2024

Cash App has integrated with Google Play to offer more checkout options on Android devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Digital Payments
Insurance Industry $500 Billion Digital Shift Driven by Gen Z Expectations
July 17, 2024

As the second half of 2024 unfolds, the insurance sector finds itself in the midst of a profound shift. How profound? According to at least one industry insider, the digital transformation of the insurance business is happening on the scale that swept through retail in...

Digital Payments
Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
July 11, 2024

Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Payments
TerraPay and Africa’s enza Form Cross-Border Payments Partnership
July 10, 2024

Africa-focused payments technology firm enza has partnered with money movement company TerraPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Digital Payments
Do US Consumers Underestimate the Potential Of Digital Wallets?
July 08, 2024

In the United States, digital wallets can be anywhere a smartphone is. In other words, everywhere. Many U.S. consumers are embracing digital wallets, particularly for online shopping. In fact, data shows consumers are 23% more likely to use them for online shopping than in-store purchases....

Digital Payments
Elavon Introduces Embedded Payments Solution for Hotels, Hospitality-Related Businesses
June 25, 2024

Elavon has launched a new application programming interface (API) that helps hotels and other hospitality-related businesses manage digital and in-person payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...