Digital Payments

Digital Payments
JPMorgan Coin’s EU Push Comes Amid Looming Battle Between Stablecoins and Tokenized Deposits
June 26, 2023

Stablecoins have been on the payments scene, so to speak, since 2014. The rise of the coins, which at their most basic level represent digital offerings “backed” by an external asset, such as the U.S. dollar, has been a volatile one. Generally speaking, the market...

Digital Payments
Modulr Expands Embedded Payments Offerings to France and Spain
June 21, 2023

Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use Modulr’s embedded payments offerings to boost their competitiveness both within their country and across the United Kingdom and the European...

Digital Payments
How the iPhone Generation Is Killing the Corporate Check
June 21, 2023

The historically manual nature of accounts payable (AP) payments is holding back progress across industries. It ties up funds in largely legacy processes, including the nigh-unsinkable iceberg of B2B paper checks. But particularly within today’s fast-paced business world, where companies are constantly seeking new ways...

Digital Payments
Japan Readying Legislation to Boost Competition Among App Stores
June 18, 2023

Japan is looking to boost competition among app stores and payments. A government panel released a report Friday (June 16) saying that app store operators should not be able to force software developers to use a particular payment system, and that suppliers of operating systems...

Digital Payments
Why It’s So Hard to Fix the Consumers’ Fragmented Bill Pay Experience
June 15, 2023

In today’s fast-paced world, online payment solutions have become an integral part of our lives. However, no one wants to spend time clicking around and navigating different, unique-to-each-platform digital frictions when dealing with their daily or monthly bill pay obligations. Regrettably, traditional payment systems have...

Digital Payments
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently as 2020. For comparison, the rate in the neighboring Netherlands is 22% and Luxembourg’s is 24%. Partially driven by the...

Digital Payments
Digital Ordering Could Nearly Double Average Check for Event Concessions
June 09, 2023

As live event venues look to meet their increasingly digitally connected customers’ demand for speed and convenience, they also have the opportunity to nearly double the amount that attendees are spending, in-seat ordering company Ordr has observed. Jade Chiles, CEO and co-founder of the platform,...

Digital Payments
In-Store Retail Purchases Threatened by Oncoming eCommerce Wave
June 06, 2023

eCommerce activity is poised to rise significantly in the next 12 months. Thirty percent of consumers expect to purchase more retail products online in the next year, and 32% expect to buy more groceries. This upcoming eCommerce activity surge creates myriad opportunities for merchants and...

Digital Payments
PYMNTS Intelligence: Convergence of Beauty Services and Products Puts Spotlight on Partnerships
May 15, 2023

The pandemic’s closures of in-person businesses forced a hard digital pivot on beauty services providers — one that allowed many to survive. With increasing consumer demand for convenient and contactless payment options, however, the industry is finding value in digital transformation long after most pandemic...