Digital Payments

Digital Payments
Guesty Adds GuestyPay Payments to Property Management System
January 10, 2023

Guesty has added a payment processing solution to its hospitality and property management operating system. The new GuestyPay is available to customers in the United States and is to be extended in the middle of the year to those in the United Kingdom and the...

Digital Payments
Treasury Department Aims to Limit Federal Agencies’ Use of Checks
January 09, 2023

A federal agency is proposing more limits to the government’s use of paper checks. In a notice of proposed rulemaking (NPRM) that is to be published in the Federal Register on Tuesday (Jan. 10), the Treasury Department’s Bureau of the Fiscal Service said that present...

Digital Payments
JPMorgan Sees Healthcare Focus on Digital Key to Improving Patient Care
January 05, 2023

Labor shortages in the healthcare industry are an especially painful problem needing attention — stat. Still considered to be lagging in the digital shift, healthcare practices are alleviating some of their staffing issues by using automation and digital payment solutions at key points, including discussing...

Digital Payments
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet adoption, behind Japan (25.7%), Germany (22.2%) and Singapore (21.3%), according to the PYMNTS Connected Economy report, “How The World Does...

Digital Payments
Young Consumers 70% More Likely to Pay Doctors Digitally
January 04, 2023

Looking back at the trends of 2022, digitization of healthcare achieved milestones in how consumers pay for medical treatments, with younger demographic groups taking the lead. Much occurred between mid-year and year’s end, which is summarized in the report “How Digital Has Changed the Consumer...

Digital Payments
China’s UnionPay Issues More Than 200M Digital Cards
December 30, 2022

UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30), marking its tenth year in operation. “During these ten years, the digital transformation of the global payments industry has developed...

Digital Payments
CFOs Look Back on 2022 as the Year of Digital Transformation
December 29, 2022

For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the turbulence of the last couple of years and the broader stirrings of macroeconomic pressures today, financial leaders used the past...

Digital Payments
Digital Wallets Drive D2C Brands’ Holiday Sales
December 21, 2022

In a bid to win consumers’ holiday spending, D2C brands are removing payment friction. This, as data shows that online shoppers are increasingly seeking out brands that offer them quick, convenient transactions. According to PYMNTS’ study, “Deal Or No Deal: The 2022 Holiday Shopping Report,”...

Digital Payments
Report: Italian Government Easing Merchants’ Digital Payment Woes
December 21, 2022

The Italian government has backed a plan to lower digital payment fees for retailers. The measure, part of the country’s 2023 budget, would impose a “solidarity contribution” on banks and payment processors to reduce fees on digital payments for merchants, Reuters reported Wednesday (Dec. 21)....