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.

EMVCo: Global Circulation of EMV Chip Cards Tops 12B

EMVCo: Global Circulation of EMV Chip Cards Tops 12B
EMVCo: Global Circulation of EMV Chip Cards Tops 12B
June 08, 2022  |  EMV

The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of...

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Trusted Virtual Brands Boost All-Hours Spending for Restaurants
Trusted Virtual Brands Boost All-Hours Spending for Restaurants
June 08, 2022  |  Restaurant innovation

In the past few years, what it means to be a restaurant has changed. The word may conjure up images of leather-covered menus and white...

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RuPay Card Granted First UPI Connection by India’s Central Bank
RuPay Card Granted First UPI Connection by India’s Central Bank
June 08, 2022  |  International

The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface...

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Fiserv Adds Digital Checks to Payout Options
Fiserv Adds Digital Checks to Payout Options
June 08, 2022  |  B2B Payments

Financial services tech company Fiserv says it has expanded the portfolio of payout options for businesses using its Carat operating systems to include digital checks....

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Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
June 08, 2022  |  Retail

Global clothing retailer Inditex, the parent company of Zara, saw “a significant rebound in traffic” to its stores worldwide in the first quarter of fiscal...

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Startups Opt for Fixed-Price Payments to Bank MENA’s Unbanked
Startups Opt for Fixed-Price Payments to Bank MENA’s Unbanked
June 08, 2022  |  Financial Inclusion

In the last couple of decades, consumers’ preferences for cross-border payments have been shifting, and more and more people are demanding convenience, speed, security, and...

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Insufficient Funds Caused 27% of Consumer Payment Declines in April
Insufficient Funds Caused 27% of Consumer Payment Declines in April
June 07, 2022  |  Consumer Finance

In April, insufficient funds became the most common reason that consumers’ payments were declined, according to “Digital Economy Payments,” a PYMNTS report based on a...

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Next-Gen Commercial Banking Tracker: Embedded Finance Takes Center Stage
Next-Gen Commercial Banking Tracker: Embedded Finance Takes Center Stage
June 07, 2022  |  Loans

Corporate banking clients are becoming increasingly demanding when it comes to getting advanced digital tools and support from their financial institutions (FIs), according to the...

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Recent Events Set B2B’s Crypto Course for Stablecoins and CBDCs 
Recent Events Set B2B’s Crypto Course for Stablecoins and CBDCs 
June 07, 2022  |  Cryptocurrency

Bit by bit, stablecoins may crowd out other cryptos — and here we mean the digital offerings not backed by fiat or other holdings —...

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