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.

As SMBs Invest in Digitization, Consumerization of B2B Commerce Takes Shape

As SMBs Invest in Digitization, Consumerization of B2B Commerce Takes Shape
As SMBs Invest in Digitization, Consumerization of B2B Commerce Takes Shape
September 14, 2021  |  SMBs

With traditional sources of funding proving hard to come by during the height of the pandemic, small and medium-sized businesses (SMBs) responded by investing into digital payment solutions in...

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New Report Shows 36% of Businesses Plan to Upgrade Spend Management, Expense Controls 
New Report Shows 36% of Businesses Plan to Upgrade Spend Management, Expense Controls 
September 14, 2021  |  B2B Payments

As more businesses look to digitally pay and collect their bills, that trend is set to drive a surge in the market for accounts payable (AP) automation, a segment that is pegged to nearly double...

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Interoperability is Key to a Humongous Change in Payments, Says Ecobank Consumer Payments Head
Interoperability is Key to a Humongous Change in Payments, Says Ecobank Consumer Payments Head
September 14, 2021  |  Digital Banking

Solving payments interoperability is that “one thing” that needs to change for the digital opportunities inherent in Africa to reach its full potential, Osahon Akpata,...

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FortisPay Buys OmniFund to Boost AR Features
FortisPay Buys OmniFund to Boost AR Features
September 14, 2021  |  Partnerships / Acquisitions

Payment technology company FortisPay, which works with businesses, independent software vendors and developers, has acquired OmniFund, according to an emailed press release on Tuesday (Sept....

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B2B Payments Platform Melio Raises $250M at $4B Valuation
B2B Payments Platform Melio Raises $250M at $4B Valuation
September 14, 2021  |  B2B Payments

B2B payments platform Melio has reached a $4 billion valuation after announcing it had raised an additional $250 million in a funding round, according to...

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Grab’s Q2 Focuses on Enhanced Super App Integrations
Grab’s Q2 Focuses on Enhanced Super App Integrations
September 14, 2021  |  Earnings

Singapore-headquartered super app Grab posted second-quarter earnings that showed a marked focus on building out its app integrations with enhanced products for financial services, expanded...

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Embedded Finance: What’s Old is New Again
Embedded Finance: What’s Old is New Again
September 14, 2021  |  Payment Methods

Adam Cohen, general manager of enterprise at Payoneer, told PYMNTS that embedded finance is nothing new: “When you think about it, embedded finance is quite...

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The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021  |  Payment Methods

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Get...

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Brazil’s ‘Cash Is King’ Culture Cedes Ground to Convenient Gift Cards, QR Codes
Brazil’s ‘Cash Is King’ Culture Cedes Ground to Convenient Gift Cards, QR Codes
September 14, 2021  |  Payment Methods

Cash might still be the king of South America’s largest economy, Brazil, where it accounts for over a third of all payments — but as...

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