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 Payments Rule Could Cost Alipay, Tencent More Than $1B

New Payments Rule Could Cost Alipay, Tencent More Than $1B
New Payments Rule Could Cost Alipay, Tencent More Than $1B
July 16, 2018  |  Payment Methods

Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks...

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Companies, Individuals In China Can’t Discriminate Against Cash
Companies, Individuals In China Can’t Discriminate Against Cash
July 13, 2018  |  Cash

China’s central bank said Friday (July 13) that companies and individuals have to accept cash payments, but that the rule isn’t being applied to online payments...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Cybersecurity

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
July 10, 2018  |  Digital Payments

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come...

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Mastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks
Mastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks
July 10, 2018  |  B2B Payments

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. Get...

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Critics: Cashless Restaurants Lack Financial Inclusion
Critics: Cashless Restaurants Lack Financial Inclusion
July 10, 2018  |  Cash

As a growing number of restaurants in Washington D.C. have decided to go cashless, some lawmakers have introduced a bill that would require retailers to...

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Google Pay Redesign Launches
Google Pay Redesign Launches
July 09, 2018  |  Google

Google Pay is getting an overhaul with a new user design being launched on Monday (July 9), reported BGR. Get the Full Story Complete the...

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Paytm Has Surpassed $4B Monthly GTV
Paytm Has Surpassed $4B Monthly GTV
July 09, 2018  |  Digital Payments

One97 Communications, the company that owns Paytm, the payment app, has reportedly breached the $4 billion in monthly gross transaction value. According to a report...

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