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.

New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK

New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK
New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK
July 24, 2024  |  Digital Payments

Digital wallets are becoming popular among consumers in the United Kingdom. In fact, nearly half (44%) of consumers in the country expect to continue using...

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FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

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3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
July 24, 2024  |  Restaurant innovation

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption...

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3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
July 22, 2024  |  B2B Payments

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Get the Full Story Complete the form to unlock this article...

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QIB Adds Request to Pay to Instant Payments Service
QIB Adds Request to Pay to Instant Payments Service
July 22, 2024  |  Faster Payments

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. Get the Full Story Complete the form to unlock this article...

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i2c and Beyon Money Launch Corporate Card Partnership
i2c and Beyon Money Launch Corporate Card Partnership
July 22, 2024  |  Partnerships

Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. Get the Full...

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Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
July 19, 2024  |  Connected Economy

If there ever was a day that needed a Plan B, it was Friday, July 19. Banks, airlines, hospitals, fast food chains, retailers, even the...

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CrowdStrike CEO Updates Solutions to Global Microsoft Outage
CrowdStrike CEO Updates Solutions to Global Microsoft Outage
July 19, 2024  |  Connected Economy

The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late...

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