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.

Facebook, Alphabet Scammer To Serve Five Years In Prison

Facebook, Alphabet Scammer To Serve Five Years In Prison
Facebook, Alphabet Scammer To Serve Five Years In Prison
December 20, 2019  |  Cybersecurity

A Lithuanian man who scammed Facebook and Google into sending him hundreds of millions of dollars has been sentenced to five years in prison, according...

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Amazon’s Delivery Fleet Reaches 30K Cargo Vehicles
Amazon’s Delivery Fleet Reaches 30K Cargo Vehicles
December 20, 2019  |  Amazon

Amazon’s van-buying spree is bringing in holiday joy to the automotive industry. A boon to automakers, the e-commerce leader’s push for home-delivery has boosted van...

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The Week In Payments: Acquisitions, Partnerships And A Team Of Rivals Unite Over Standards
The Week In Payments: Acquisitions, Partnerships And A Team Of Rivals Unite Over Standards
December 20, 2019  |  Commentary

The year may be winding toward a close and slowing down, but this week the world of payments showed signs of neither as big players...

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Giving Layaway A Digital Reboot
Giving Layaway A Digital Reboot
December 20, 2019  |  Retail

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make...

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Amazon Expects To Deliver 3.5B Packages This Year
Amazon Expects To Deliver 3.5B Packages This Year
December 20, 2019  |  Amazon

Amazon announced on Thursday (Dec. 19) it expects to deliver 3.5 billion customer packages worldwide this year through its delivery network and expects to deliver...

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Ant Financial Names New CEO
Ant Financial Names New CEO
December 19, 2019  |  Personnel

As a continuing restructuring takes hold after Daniel Zhang’s appointment as Alibaba’s chairman, Alibaba Group Holding and Ant Financial, its FinTech affiliate, have announced an...

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Legal Disbursements And The Paper Chase
Legal Disbursements And The Paper Chase
December 19, 2019  |  Payments Innovation

The third decade of the 21st century is dawning with self-driving cars, the ability to rent almost anything and, best of all, instant money. But...

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PayPal Now Holds 70 Pct. Stake In China’s GoPay
PayPal Now Holds 70 Pct. Stake In China’s GoPay
December 19, 2019  |  Partnerships

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform,...

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