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.

South Korea’s Shinhan Bank Demos CBDC Platform

South Korea’s Shinhan Bank Demos CBDC Platform
South Korea’s Shinhan Bank Demos CBDC Platform
March 10, 2021  |  International

South Korea-based Shinhan Bank has built a pilot program for a potential central bank digital currency (CBDC), CoinDesk reported. The bank, which is headquartered in...

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Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets; Hello Inc. Files For US IPO
Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets;...
March 10, 2021  |  International

In today’s top payments news around the world, the European Commission (EC) has provided the approval for Nexi’s purchase of Nets, while Hello Inc. has...

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TimeSolv Eliminates Accounts Receivable With Zero AR
TimeSolv Eliminates Accounts Receivable With Zero AR
March 10, 2021  |  B2B Payments

TimeSolv, which works in web-based software for legal billing and time-keeping, has announced a new accounting process, called Zero AR, which will boost collection rates...

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Nigeria Offers Cash Rewards For Digital Remittances
Nigeria Offers Cash Rewards For Digital Remittances
March 10, 2021  |  Digital Payments

Nigeria wants its citizens to get in on the digital shift. Specifically, the digital remittance shift. Digital payments have seen an uptick in the country...

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Payoneer Teams With Mastercard On Digital Solutions For SMBs
Payoneer Teams With Mastercard On Digital Solutions For SMBs
March 10, 2021  |  B2B Payments

Payments provider Payoneer Inc. and Mastercard will collaborate to better serve the business-to-business (B2B) market, starting with the Payoneer Digital Purchasing Mastercard, according to a...

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Account-to-Account Transactions Take Hold In The EU
Account-to-Account Transactions Take Hold In The EU
March 10, 2021  |  Payments Innovation

Payments and immediate gratification are becoming joined in ways that reflect the direct and instant trends that have been evident since early last year. A...

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The Rise Of Digital Commerce And Payment Methods
The Rise Of Digital Commerce And Payment Methods
March 10, 2021  |  Today In Data

DICK’S Sporting Goods reported a rise in net sales, along with a bump in its online business for its most recent quarter. In fashion retail, Stitch Fix’s founder and...

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How International Shoppes Is Leveraging QR Codes To Cater To Global Consumers
How International Shoppes Is Leveraging QR Codes To Cater To Global Consumers
March 10, 2021  |  Consumer Payments

Airport retailers have little time to serve travelers running to their gates, so payments and checkout must be fast and efficient. In this month’s QR...

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Dwolla Adds Mastercard’s Dave Glaser As President, COO
Dwolla Adds Mastercard’s Dave Glaser As President, COO
March 10, 2021  |  Personnel

Modern payments platform Dwolla has tapped industry veteran Dave Glaser, most recently of Mastercard, to lead its team as president and chief operating officer, according...

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