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.
Consumers Spend More at Restaurants When Using Digital Wallets
Consumers Spend More at Restaurants When Using Digital Wallets
March 14, 2024  |  Digital Payments

Digital wallets — such as Apple Pay and Google Pay, which use near-field communication tags, and Amazon Pay and PayPal, which use QR codes —...

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Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
March 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is overstepping its bounds when it comes to regulating digital payments firms — especially larger players — critics charged...

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Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion
Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion
March 13, 2024  |  Digital Payments

Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running...

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Growing Digital B2B Payments With Open Banking and APIs
Growing Digital B2B Payments With Open Banking and APIs
March 13, 2024  |  B2B Payments

All the complexity and complications inherent to B2B payments have one, simple solution: going digital. But despite a sea of change in the payments world,...

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PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
March 13, 2024  |  Personnel

PayPal has appointed former SoFi executive Aaron J. Webster as executive vice president, chief enterprise services officer, effective Monday (March 18). In his new role, Webster will be responsible for...

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Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
March 12, 2024  |  Cash

The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain...

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The Clearing House Reports 8% Growth in Real-Time Payments in 2023
The Clearing House Reports 8% Growth in Real-Time Payments in 2023
March 12, 2024  |  Faster Payments

Transaction volume on the Electronic Payments Network (EPN), The Clearing House’s private sector ACH network, increased 8% in 2023. The EPN processed more than 19 billion...

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Data and Updated Technology Lead Must-Have List for Omnichannel Payments
Data and Updated Technology Lead Must-Have List for Omnichannel Payments
March 12, 2024  |  Omnicommerce

The great digital shift of the pandemic has given way to omnichannel commerce, as consumers clamor to do at least some of their shopping on...

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Zeebu Marks $1 Billion in Web3 Settlement Transaction Volume
Zeebu Marks $1 Billion in Web3 Settlement Transaction Volume
March 11, 2024  |  Blockchain

Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. “In just seven months following the debut of its on-chain settlement platform, Zeebu...

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