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.
X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
January 09, 2024  |  Mobile Applications

X, the social media platform formerly known as Twitter, plans to launch peer-to-peer payments this year.  Doing so will add more user utility to the...

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Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
January 09, 2024  |  Regulation

A tech lobbying group is pushing back against proposed regulations for digital wallet providers. The Computer & Communications Industry Association (CCIA) — whose members include Amazon and...

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Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
January 09, 2024  |  Fraud Prevention

Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate. That’s because, just like other types of fraud and cybercrime, friendly...

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eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024  |  Personnel

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans....

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Data Shows Bitcoin ETFs Might Not Make Crypto as Popular as Enthusiasts Expect
Data Shows Bitcoin ETFs Might Not Make Crypto as Popular as Enthusiasts Expect
January 05, 2024  |  Cryptocurrency

The investment world seems to be holding its collective breath, waiting for the Securities and Exchange Commission to approve a bitcoin exchange-traded fund (ETF). Whether...

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Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
January 05, 2024  |  eCommerce

Online marketplaces like Amazon, eBay and Rakuten are increasingly embracing embedded payments options for consumers, such as digital wallets and buy now, pay later (BNPL). According...

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Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
January 04, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay by bank, involve the transfer of funds between bank accounts, often in real-time. Unlike traditional card networks, these...

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A Third of Consumers Cite Security for Avoiding Mobile Bill Payments
A Third of Consumers Cite Security for Avoiding Mobile Bill Payments
January 04, 2024  |  Mobile Wallets

Mobile wallets have gained significant popularity in recent years, providing consumers with a convenient and fast way to make purchases without the need for cash...

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