Digital Payments

Digital payments are fast, find out how you can keep up and cash in on the new world of e-commerce. The new payment method is faster, safer, and more convenient payment methods.
Digital Payments
JPMorgan Sees Healthcare Focus on Digital Key to Improving Patient Care
January 05, 2023

Labor shortages in the healthcare industry are an especially painful problem needing attention — stat. Still considered to be lagging in the digital shift, healthcare practices are alleviating some of their staffing issues by using automation and digital payment solutions at key points, including discussing...

Digital Payments
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet adoption, behind Japan (25.7%), Germany (22.2%) and Singapore (21.3%), according to the PYMNTS Connected Economy report, “How The World Does...

Digital Payments
Young Consumers 70% More Likely to Pay Doctors Digitally
January 04, 2023

Looking back at the trends of 2022, digitization of healthcare achieved milestones in how consumers pay for medical treatments, with younger demographic groups taking the lead. Much occurred between mid-year and year’s end, which is summarized in the report “How Digital Has Changed the Consumer...

Digital Payments
China’s UnionPay Issues More Than 200M Digital Cards
December 30, 2022

UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30), marking its tenth year in operation. “During these ten years, the digital transformation of the global payments industry has developed...

Digital Payments
CFOs Look Back on 2022 as the Year of Digital Transformation
December 29, 2022

For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the turbulence of the last couple of years and the broader stirrings of macroeconomic pressures today, financial leaders used the past...

Digital Payments
Digital Wallets Drive D2C Brands’ Holiday Sales
December 21, 2022

In a bid to win consumers’ holiday spending, D2C brands are removing payment friction. This, as data shows that online shoppers are increasingly seeking out brands that offer them quick, convenient transactions. According to PYMNTS’ study, “Deal Or No Deal: The 2022 Holiday Shopping Report,”...

Digital Payments
Report: Italian Government Easing Merchants’ Digital Payment Woes
December 21, 2022

The Italian government has backed a plan to lower digital payment fees for retailers. The measure, part of the country’s 2023 budget, would impose a “solidarity contribution” on banks and payment processors to reduce fees on digital payments for merchants, Reuters reported Wednesday (Dec. 21)....

Digital Payments
68% of Companies See One-Stop Online Bill Payment as Priority 
December 20, 2022

More companies are adding one-stop online bill payment to address dissatisfaction with their invoicing ecosystems. This, according to PYMNTS and Mastercard’s new study, “The One-Stop Bill Pay Playbook: Executive Views On Third-Party Bill Payment Solutions,” which surveyed 400 billing and collections executives and found 30%...

Digital Payments
PayU Expands Into Emerging Central America Markets
December 13, 2022

PayU is expanding its digital payments business in Central America. The Netherlands-based payment service provider announced the expansion in a Tuesday (Dec. 13) press release sent to PYMNTS. With the anticipated launch, merchants in Guatemala, Honduras, El Salvador and Costa Rica will be able to...