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.

Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop

Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. Get the Full Story Complete the form to unlock this article...

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Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
December 03, 2023  |  Digital Payments

Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. Get the Full Story Complete the form to unlock this article...

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Gen Z Interested in AI-Enabled Banking Experiences Despite Privacy Concerns
Gen Z Interested in AI-Enabled Banking Experiences Despite Privacy Concerns
December 01, 2023  |  Artificial Intelligence

Despite differences across gender, generations and income levels, artificial intelligence-powered experiences are becoming popular with consumers, and an increasing number of individuals now use AI...

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Algorand Foundation Invests in Afghanistan’s HesabPay
Algorand Foundation Invests in Afghanistan’s HesabPay
December 01, 2023  |  Cryptocurrency

The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. Get the Full Story Complete the...

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Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
December 01, 2023  |  Biometrics

Biometric authentication methods have expanded into multiple applications in recent years, from online payments to mobile devices to banking transactions or facial identification for security....

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. Get the Full...

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PayU Plots India IPO For Second Half of 2024
PayU Plots India IPO For Second Half of 2024
November 29, 2023  |  IPO

Payments company PayU plans to go public in India in the second half of next year. Get the Full Story Complete the form to unlock...

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PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
November 28, 2023  |  Investments

PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. Get the Full Story Complete the...

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Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023  |  eCommerce

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...

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