Tag: Digital payments
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
More than half of consumers want more payment choices at the...
A recent study by payments platform Paysafe has found 52% of customers worldwide are keen to see more payment options available for use at the checkout.
Financial inclusion on the mind of Sri Lanka with payment solution...
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Digital payments to rise 70% in five years
Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.
What will the European payments industry look like in 2030?
A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.
Are Baby Boomers the ideal FinTech customers?
A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.
EBA repeals PSD1 internet payments security guidelines
The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).
Over 25% of non-cash transactions to be instant and e-money payments...
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
Nearly £2bn lost annually by online retailers due to lack of...
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
Previse, Pagero partner to support early payment tech roll-out
Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.