Digital Payments

Digital Payments
Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
July 26, 2018

Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent year-over-year increase. Company officials also seemed pleased with their efforts to introduce more revenue-attracting services to Venmo — a positive sign...

Digital Payments
Paidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So
July 26, 2018

A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash. That is among the emerging lessons offered by Paidy, which in late 2014 launched Japan’s...

Digital Payments
Coles Selects Rambus’ Unified Payment Platform
July 24, 2018

Rambus, the digital security, semiconductor and IP products and services company, announced Tuesday (July 24) that Coles, the Australian retail group, has selected the Rambus Unified Payment Platform to securely power its Digital Payment Solutions. In a press release, Rambus said its Unified Payment Platform provides customers...

Digital Payments
SoftBank, Paytm To Launch Digital Payment Service In Japan
July 23, 2018

SoftBank of Japan is gearing up to announce the launch of a mobile digital payment service in the country by the end of this year. Bloomberg, citing people familiar with the matter, reported that the service will result from a partnership with Paytm, the India-based digital...

Digital Payments
Will Merchants, Consumers Warm Up To SRC Payments?
July 20, 2018

As a species, human beings tend to like consistency. That desire extends to eCommerce, too — and it’s the motivation behind a new digital payments technology called Secure Remote Commerce (SRC), backed by industry heavyweights such as Mastercard, Visa and Worldpay. The idea behind SRC, and its...

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

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come across stacks of papers, including plans, permits and invoices. And that can present problems. Along with significant, even existential, risk....

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

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 in Livemint, citing Paytm, the number of transactions also hit 1.3 billion in the June ending quarter. “Paytm has been...

Digital Payments
As Self-Driving Future Nears, Parking Services Try to Keep Pace
June 27, 2018

Parking is the boring, often maddening, offshoot of driving. No one — save that friend of yours who always lucks upon the perfect spot on Friday nights — tells romantic stories about squeezing between two SUVs. Nor do musicians write songs about taking long trips...

Digital Payments
Consumers Shift From Banks To Direct Billing Services
June 25, 2018

Are consumers shifting the way they make direct payments to billers? A new report suggests so, but there remain questions about the effectiveness of direct billing plans. The news peg? According to a new report from Aite, 73 percent of U.S. online bill payments made...