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.
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
October 26, 2023  |  Investments

Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products...

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ISO 20022, Open Banking Will Transform Cross-Border Payments
ISO 20022, Open Banking Will Transform Cross-Border Payments
October 26, 2023  |  Cross-border Payments

Nilesh Dusane, global head of institutional payments at Amazon Web Services (AWS), told Karen Webster that there’s one common refrain among financial institutions (FIs) and...

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To Reap Digital Gold Look for Kludge, Hope for Inspiration
To Reap Digital Gold Look for Kludge, Hope for Inspiration
October 25, 2023  |  David S. Evans

If you want to come up with the next big thing for digital transformation, you shouldn’t wait around for inspiration. Maybe the apple falling from the...

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Payment Rail Innovations Help Businesses Embrace the Always-On Economy
Payment Rail Innovations Help Businesses Embrace the Always-On Economy
October 25, 2023  |  Payments Innovation

When it comes to innovation in payments, there’s no more exciting time than right now. Historically, the U.S. businesses heavily relied on checks, Automated Clearing...

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Moving B2B Payments’ Last Mile Into the Express Lane
Moving B2B Payments’ Last Mile Into the Express Lane
October 25, 2023  |  B2B Payments

The “last mile” holds the key to a frictionless B2B payments future. Over the last decade, the impact of digital capabilities and innovative new ecosystems...

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Generation Z Will Help Shape Payments Innovations for Years to Come 
Generation Z Will Help Shape Payments Innovations for Years to Come 
October 25, 2023  |  Payments Innovation

Jacqueline White, president at i2c, told PYMNTS in a recent interview that “what’s next” in payments may be determined by demographics. Among the overarching trends dominating...

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Deserve Adds Digital Processing Capabilities to Credit Card Issuing Platform
Deserve Adds Digital Processing Capabilities to Credit Card Issuing Platform
October 24, 2023  |  Digital Payments

Deserve, a mobile-first credit card issuing platform, launched new digital processing capabilities that aim to help banks and credit unions transform digital payment experiences. The...

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Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
October 24, 2023  |  Mobile Wallets

The level of satisfaction among consumers using mobile wallets to pay bills is notably high. However, the system is still far from completely reliable, as...

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Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
October 24, 2023  |  Credit Unions

The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations...

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