Getnet Launches Sustainable Payment Machine out of Electronic Waste
The new sustainable payment machine from Getnet is the first of its kind on the card-acquiring market. It is made from recycled parts of electrical equipment waste
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Survey: Digital Payments Replace Wallets
The active development of digital technologies displaces many material objects from people’s lives. This fate couldn’t be avoided by traditional wallets, which are shrinking in size and are heading for a minimal presence in everyday life
Indian Bank Introduces QR Code Bill Payment System for CESC
The new bill payment system enables customers to pay by scanning the dynamic QR code linked to the unified payments interface (UPI)
US Credit Card Transaction Volume Hit $3.09T in 2022: Insider Intelligence
Insider Intelligence forecasts US credit card transaction volume to hit $3.089 trillion in 2022, shaped by a few dominant trends
Embedded finance has potential for explosive growth
The new research suggests transaction value of embedded finance will double in the US to $7 trillion by 2026, redefining how consumers and businesses build and manage relationships with financial services
The most popular online payment methods worldwide
Kendal Smith Author The digital payments space has completely changed in the course of the last 20 years. Some of us are old enough to remember when PayPal was considered revolutionary and exciting, while nowadays PayPal is considered to be something of an overpriced dinosaur in the industry. There are now dozens of different […]
Digital Domestic Money Transfers to Surpass 300 Billion Globally by 2026
A new study revealed that the volume of digital domestic money transfer transactions will exceed 300 billion globally in 2026
Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies.
Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive.
These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.
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