Bill Payments news and trends

Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
Digital Payments // July 11, 2024

Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. The company has added FASTag, direct-to-home recharges, landline, broadband and mobile prepaid bill payments to its app, Flipkart said in a Wednesday (July 10)...

Alacriti and Lumin Digital Partner to Facilitate Loan Payments
Partnerships // July 11, 2024

Alacriti and Lumin Digital partnered to enable financial institutions to offer a seamless loan payment experience. The collaboration includes the integration of Alacriti’s Orbipay loan payment solution with Lumin’s digital banking solutions, the companies said in a Thursday (July 11) press release. “The flexibility and...

Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
Earnings // May 06, 2024

Paying bills is rarely fun. And it’s not just that — paying bills is also rarely easy, especially as a business.  That’s why, across today’s bill pay landscape, which remains full of manual legacy solutions, whenever a bill gets paid, there is often a more...

Digital Wallets Need to Remove Frictions to Increase Usage for Bill Pay
Money Mobility // March 28, 2024

Digital bill payment has become routine for most consumers, offering them extensive firsthand experience with the frustrations and challenges with these payments. Fraud, friction, limited payment options and slow payment times are just some obstacles consumers face when paying for electricity, internet service, tuition or...

Interviews & Exclusives
New Study Shows Big Gap Between Open Banking Interest and Use

March 19, 2024
Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants and service providers directly from their bank accounts. Younger consumers […]

1 in 5 Consumers Pay Auto Loans With Mobile Wallets

January 04, 2024
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a...

2023 in Review: Digital Wallets Emerge as Alternative Payment Method

December 28, 2023
In 2023, digital wallets such as Apple Pay and Google Pay gained popularity among consumers. Mobile wallets have moved from sending money to friends and family to paying bills. Digital...

Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due

November 15, 2023
The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. In “Digital Bill Payments: Mobile Wallets Gain Popularity, but...

Quick Reads
Float and Airwallex Partner on Bill Pay for Canadian Companies

July 25, 2024
Float, which offers a business finance platform for Canadian companies, has chosen Airwallex to power its new bill pay product. The new product enables fast and cost-efficient bill payments for both domestic and overseas transactions and includes bank transfers, EFT, wire and ACH, the companies said in a Thursday (July 25) press release. “By leveraging […]

Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform

July 11, 2024
Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. The company has added FASTag, direct-to-home recharges, landline, broadband...

Alacriti and Lumin Digital Partner to Facilitate Loan Payments

July 11, 2024
Alacriti and Lumin Digital partnered to enable financial institutions to offer a seamless loan payment experience. The collaboration includes the integration of Alacriti’s Orbipay loan payment solution with Lumin’s digital...

ACI Worldwide Appoints Former CoreLogic CIO Abe Kuruvilla as CTO

October 30, 2023
ACI Worldwide has appointed Abe Kuruvilla, formerly chief information officer at CoreLogic, as its new chief technology officer (CTO). Kuruvilla’s role will involve leading ACI’s innovation agenda and optimizing the development and delivery...