Digital Payment news and trends

AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
Acquisitions // September 20, 2023

FinTech company AppTech Payments has announced its intention to acquire FinZeo, a software development company focused on providing advanced payment and banking technology to businesses. The planned acquisition will enhance AppTech’s next-generation digital Commerse platform, the provider of B2B and B2C commerce solutions said in a Wednesday (Sept. 20) press...

80% of Millennials Use Mobile Wallets to Pay Bills
Mobile Wallets // June 05, 2023

Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’ research found that 95% of mobile wallet users know the bill pay features mobile wallets offer, and nearly one-quarter of...

PYMNTS Intelligence: What Foreign Merchants Need to Know About Doing Business in Türkiye
eCommerce // April 25, 2023

Türkiye represents an enticing opportunity for foreign merchants, especially as eCommerce quickly gains popularity in the region. Never before has it been easier to gain an entirely new customer base from anywhere in the world, as the need for brick-and-mortar stores and warehouses in the country has been dramatically reduced...

An Industry Insider on Why Once B2B Goes Digital, It Won’t Go Back
Payments Innovation // April 10, 2023

With businesses looking for ways to reduce costs and increase growth, legacy B2B payment systems are rapidly giving way to digital platforms that can accelerate transactions, improve cash flow and streamline compliance, says Mangopay’s Luke Trayfoot.

Interviews & Exclusives
80% of Millennials Use Mobile Wallets to Pay Bills

June 05, 2023
Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’ research found that 95% of mobile wallet users know the bill pay features mobile wallets offer, and nearly one-quarter of consumers pay bills with mobile wallets at least weekly. As […]

Businesses Fast-Track B2B Payments Digitization to Boost Growth

April 07, 2023
Merchants have gradually transitioned toward payment digitization for several decades, but these efforts have gained momentum in recent years. Companies are rapidly replacing legacy payment systems with more modern alternatives,...

61% of Millennials Want Real-Time Payments — the Challenge Is Acceptance

March 16, 2023
Making digital payments has become an everyday process for millions of consumers worldwide, representing a giant leap in convenience, security and accessibility over traditional methods such as cash or payment...

Mastercard Revs Its Payments Innovation Engine

May 16, 2019
Take a minute and think of the morning rush at a favorite coffee shop. The beverages roll off what amounts to an assembly line before landing on the far counter....

Quick Reads
Fiserv and Melio Partner to Help Banks Serve Small Businesses

October 23, 2023
Fiserv, a global provider of payments and financial services technology solutions, has partnered with Melio, a B2B payments platform, to help financial institutions streamline accounts payable and receivable for small businesses. This collaboration has launched a comprehensive solution called CashFlow Central, available from Fiserv, that is designed to enable financial institutions to better serve small businesses and […]

AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition

September 20, 2023
FinTech company AppTech Payments has announced its intention to acquire FinZeo, a software development company focused on providing advanced payment and banking technology to businesses. The planned acquisition will enhance AppTech’s next-generation digital...

Virtual Card Use, Payment Choice, On the Rise

March 03, 2022
The global value of virtual card transactions is expected to jump to $6.8 trillion over the next four years — compared to $1.9 trillion last year — and a large...

Gig Workforce Payments Platform Payfare Opens Trading At $6

March 21, 2021
Payfare, the global financial technology company working in the field of pay solutions for the gig economy, has successfully completed an initial public offering (IPO) for $65.4 million, a press...