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.
Digital Payment Transformations Drive Business Growth for CFOs
Digital Payment Transformations Drive Business Growth for CFOs
August 21, 2023  |  Commercial Payments

Digital is no longer a strategy but a whole way of doing business.  And many companies need to figure out what’s next. This, as Yum!...

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India Uses AI to Bring Voice-Activated Mobile Payments
India Uses AI to Bring Voice-Activated Mobile Payments
August 20, 2023  |  artificial intelligence

India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...

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30% of Consumers Swap Instant for Slower Payments to Avoid Fees
30% of Consumers Swap Instant for Slower Payments to Avoid Fees
August 19, 2023  |  Faster Payments

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system...

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Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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Retail Earnings Show Digital Shift in Health and Beauty Spend
Retail Earnings Show Digital Shift in Health and Beauty Spend
August 18, 2023  |  Retail

Consumers are proving resilient when it comes to spending on health and beauty products.  That’s one of the takeaways this past week from Target and...

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Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
August 18, 2023  |  Mobile Wallets

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with...

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India Writes the Playbook for Mobile Payments Innovation
India Writes the Playbook for Mobile Payments Innovation
August 18, 2023  |  eCommerce

Payments innovation and digital-first shopping in India is a success story 15 years in the making. Its success can serve as a global playbook for...

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Alipay Debuts ‘International’ Version of Mobile Payment App
Alipay Debuts ‘International’ Version of Mobile Payment App
August 17, 2023  |  Mobile Wallets

Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China. The new version, announced Thursday (Aug. 17), is...

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Walmart: Weekly Active Digital Users Grow 20%
Walmart: Weekly Active Digital Users Grow 20%
August 17, 2023  |  Earnings

Walmart’s second quarter fiscal year 2024 results show a continued trend in strong spending on groceries — and a widening embrace of digital channels by...

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