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.

B-Stock, ReverseLogix Team Up on Streamlined Returns Management

B-Stock, ReverseLogix Team Up on Streamlined Returns Management
B-Stock, ReverseLogix Team Up on Streamlined Returns Management
June 08, 2022  |  B2B Payments

End-to-end returns management platform ReverseLogix on Wednesday (June 8) partnered with B2B reCommerce marketplace B-Stock to streamline the product return process, according to a joint...

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

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  |  ResTech

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  |  Cross-border Payments

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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