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.

73% of Businesses Still Use Paper to Process and Pay Suppliers
73% of Businesses Still Use Paper to Process and Pay Suppliers
June 23, 2025  |  B2B Payments

The digital transformation sweeping consumer finance is now reshaping the landscape of B2B payments, urging financial institutions and corporate clients alike to abandon antiquated methods...

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Consumers Use Mobile Wallets 21% of the Time for In-Store Purchases
Consumers Use Mobile Wallets 21% of the Time for In-Store Purchases
June 23, 2025  |  Mobile

Mobile wallets rapidly emerging as a pivotal force in how consumers conduct in-store transactions worldwide. In the PYMNTS Intelligence report “Pocket Revolution: How Mobile Wallets...

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X Exploring Payments Cards With Trading Function Coming ‘Soon’
X Exploring Payments Cards With Trading Function Coming ‘Soon’
June 19, 2025  |  Mobile

X’s CEO says the social media platform will “soon” offer an investment/trading option. “You’ll be able to come to X and be able to transact...

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Syria Marks First SWIFT Transfer Since Its Civil War Began
Syria Marks First SWIFT Transfer Since Its Civil War Began
June 19, 2025  |  Global Payments

Syria has reportedly made its first international bank transfer via the SWIFT system since 2011. As Reuters noted in its report Thursday (June 19), that...

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Digital Innovation Opens Doors for Credit Unions to Broaden Membership
Digital Innovation Opens Doors for Credit Unions to Broaden Membership
June 18, 2025  |  Credit Unions

Credit unions (CUs) face a critical juncture that threatens their long-term viability. Baby boomers dominate CU membership, making up 39% compared to 31% for millennials...

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U.S. Bank Expands Suite of Embedded Payment Products
U.S. Bank Expands Suite of Embedded Payment Products
June 17, 2025  |  Payments As A Service

U.S. Bank says it has expanded its suite of embedded payment solutions. The expansion, announced Tuesday (June 17), lets businesses integrate payments into their existing...

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Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
Mastercard and Thailand’s NITMX Team to Promote Real-Time Payments
June 17, 2025  |  Partnerships

Mastercard says it is expanding its relationship with National ITMX (NITMX), the Thailand-based developer and service provider of electronic payments. This effort, the company announced...

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Manual AR Practices Drain Millions From Mid-Market Firms
Manual AR Practices Drain Millions From Mid-Market Firms
June 17, 2025  |  Accounts Receivable

In an era where liquidity defines corporate survival, the back office has become a strategic battleground. The unglamorous accounts receivable (AR) function, once considered a...

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Digital Payments Set to Capture Two-Thirds of LatAm Online Sales
Digital Payments Set to Capture Two-Thirds of LatAm Online Sales
June 17, 2025  |  Digital Payments

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....

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