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.
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
October 17, 2023  |  SMBs

The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized...

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Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
October 16, 2023  |  Subscriptions

Subscribers want a smooth shopping experience: Data from several PYMNTS Intelligence studies shows that 27% of users are likely to cancel their subscriptions if they...

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Nuvei and Esenda Team on Tuition Fee Collection Platform
Nuvei and Esenda Team on Tuition Fee Collection Platform
October 16, 2023  |  Partnerships

Nuvei and Esenda have joined forces to unveil a digital tuition fee collection platform. The partnership, announced Monday (Oct. 16), combines Nuvei’s payments technology with Esenda’s fee management platform.  “Consumer...

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The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over Profits’
The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over...
October 16, 2023  |  Real-Time Payments

Now in his eighth month as CEO of The Clearing House, David Watson noted to PYMNTS CEO Karen Webster that there’s significant promise — and...

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RBI Fines Paytm Payments Bank for KYC Violations
RBI Fines Paytm Payments Bank for KYC Violations
October 12, 2023  |  Regulation

India’s central bank, the Reserve Bank of India (RBI), has fined Paytm Payments Bank for non-compliance, including Know Your Customer (KYC) regulations, according to an...

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Digital Tools Streamline Payments for Budget-Conscious Travelers
Digital Tools Streamline Payments for Budget-Conscious Travelers
October 12, 2023  |  Travel Payments

Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed...

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Circle and Coins.ph Partner to Promote USDC Use in Philippines
Circle and Coins.ph Partner to Promote USDC Use in Philippines
October 11, 2023  |  Cryptocurrency

Circle Internet Financial and Coins.ph, a cryptocurrency exchange and digital wallet provider, have announced a partnership to promote financial inclusion through remittances in the Philippines. The collaboration...

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Australia Considers Regulation of Digital Payment Services
Australia Considers Regulation of Digital Payment Services
October 11, 2023  |  Digital Payments

The Australian government has announced its plans to introduce new legislation that would empower the Reserve Bank of Australia to regulate digital payment services, including digital wallet...

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Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
October 11, 2023  |  B2B Payments

Businesses that trust each other, grow together.  That’s why when it comes to digitizing the commercial payments ecosystem, solving for behavior is just as important...

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