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.
TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
March 14, 2024  |  Mobile Wallets

Interactive music/entertainment platform TouchTunes is entering the mobile payment arena. The company on Thursday (March 14) announced the launch of FunWallet, its cashless mobile payment platform that lets...

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Would You Sell Your House for Bitcoin? People Do
Would You Sell Your House for Bitcoin? People Do
March 14, 2024  |  Cryptocurrency

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink...

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Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash
March 14, 2024  |  Cash

Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called...

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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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