Digital Payments

Digital Payments
Worldline Taps Google Cloud to Enhance Digital Payments
January 16, 2024

Payments services company Worldline has joined forces with Google Cloud to enhance its digital transformation. “Since 2022, Worldline has initiated a ‘Move to Cloud’ program that includes using the cloud to accelerate its digital transformation into a global premium paytech company,” the company said in a news release Tuesday (Jan. 16)....

Digital Payments
Relay and Maverik Partner to Streamline Fuel Payments for Fleets
January 09, 2024

Relay Payments has teamed up with fuel marketer Maverik to streamline diesel fuel payments at 86 Maverik locations that have commercial fueling lanes. With Relay’s solutions for the trucking and logistics industries, these Maverik locations will offer commercial truck drivers a completely digital fuel purchasing...

Digital Payments
Nearly Two-Thirds of Renters Highly Satisfied With Receiving Refunds Instantly
December 28, 2023

Just as digital options have gained popularity for paying rent directly from a bank account, the digitization of refunds has also gained momentum. In fact, the days of writing checks and mailing them are dwindling, with tenants, particularly those with higher rents, increasingly favoring convenient,...

Digital Payments
72% of Consumers Plan to Shop With Small Businesses This Holiday Season
December 21, 2023

Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the United States. The five-day weekend, from Thanksgiving Day through Cyber Monday, saw more than 200 million U.S. shoppers, topping last...

Digital Payments
Paytm CEO Forecasts Profitability in Under a Year
December 20, 2023

Paytm is reportedly overhauling its wealth management operations as the FinTech aims to fast-track profitability. Part of the plan also involves the Indian company hiring more than 15,000 contract salespeople to add more merchants to its network, founder and CEO Vijay Shekhar Sharma told Bloomberg News in an interview posted...

Digital Payments
Visa Acquires Majority Stake in Prosa to Boost Digital Payments in Mexico
December 17, 2023

Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa continue to operate as an independent company with its own infrastructure, though Visa will expand Prosa’s offerings with new digital...

Digital Payments
PayPal and SAP Partner to Simplify Digital Payments for Businesses
December 14, 2023

PayPal and SAP have launched an expanded integration to simplify digital payments for SAP customers. The collaboration involves the creation of a digital payments plug-in for the PayPal Braintree platform, which is built on SAP Business Technology Platform (SAP BTP), the companies said in a...

Digital Payments
X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
December 11, 2023

X, formerly known Twitter, has been laying the groundwork state by state to move further into money movement. In doing so, the social media stalwart underscores the appeal of branching out into financial services holds for digital-only firms.  But there are challenges in place in...

Digital Payments
Visa: Network Tokenization Shifts eCommerce Away From the Account Number
December 11, 2023

Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told PYMNTS in a recent interview. But digital commerce, she said, marked as it is by transactions initiated remotely, “is all...