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.

Central Bank Of Kenya Urges Digital Transactions

Central Bank Of Kenya Urges Digital Transactions
Central Bank Of Kenya Urges Digital Transactions
December 29, 2020  |  Payment Methods

The Central Bank of Kenya (CBK) is promoting the use of cashless transactions and is asking the providers of digital financial services to work together...

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Digital Payments Easing Pains For Hurting Medical And Dental Practices
Digital Payments Easing Pains For Hurting Medical And Dental Practices
December 29, 2020  |  Healthcare

In a time of mass illness and economic contraction, are doctors and hospitals feeling OK about payments? We hope so ­— but it takes more...

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Deep Dive: A Digital Prescription For Treating The Medical Sector’s Manual AR, AP Pains
Deep Dive: A Digital Prescription For Treating The Medical Sector’s Manual AR, AP Pains
December 29, 2020  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Virtual Account Numbers Facilitate International Digital Banking
Virtual Account Numbers Facilitate International Digital Banking
December 29, 2020  |  Banking

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director...

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Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
December 28, 2020  |  Cryptocurrency

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Get the Full Story Complete the...

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The Rise Of The Digital Shift, New Payment Options And IPOs
The Rise Of The Digital Shift, New Payment Options And IPOs
December 28, 2020  |  Today In Data

The digital shift produced direct-to-consumer sales, the continued decline of malls/department stores and the accelerated growth of Amazon, Walmart and Target this year. In payment methods, consumers learned about new payment options and adopted...

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Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
December 28, 2020  |  Payment Methods

We’re ticking down toward the end of a year that defies adjectives at this point. In the financial services space, there have been pandemic-fueled developments...

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Partnerships Drive B2B Payments Digital Transition
Partnerships Drive B2B Payments Digital Transition
December 28, 2020  |  B2B Payments

The question is seemingly an eternal one in the business realm: build vs. buy. And as FinTechs continue to challenge banks, but also offer new opportunities within...

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Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service
Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service
December 28, 2020  |  Partnerships / Acquisitions

The highly competitive streaming-audio industry could be starting the New Year with some consolidation, a new report suggests. Jack Dorsey — the billionaire CEO of Square...

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