Tag: Digital Payment

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Payments continues to be one of the brightest spots in the financial services universe, with a robust growth makes payments a dynamic sector for incumbents—and a draw for new competitors. Global expansion is a major driver for many online businesses, but that objective can often seem steep or even unattainable without the right tools and …

Payments continues to be one of the brightest spots in the financial services universe, propelled by continuing technological advances, and expanding digital and noncash mechanisms. Alternative payment methods are expanding to meet the needs of consumers online, led by eWallets and bank transfers. But cash remains the leading payment method at the point of sale. …

The advances in technology and business models based on electronic platforms have enabled many governments to improve the efficiency and scope of their e-payment infrastructure. Submitting a tax return online, swiping an electronic card to pay for a journey or even, perhaps, receiving government health and/or social benefits directly in a bank account are now …

The e-commerce market in MENA Region is considered as one of the fastest growing in the world with the growth being predominantly lead by the GCC region. The Kingdom of Saudi Arabia is amongst the strongest contenders and the most attractive market for the growth of e-commerce. Online shopping penetration in Saudi Arabia has a …

The payments industry is no exception, and with new innovations of AI and biometrics, the digital transformation is well underway, card payments are still prevalent in the USA. Take a glance at the allowed payments by the government & businesses in the USA: 63% of the USA businesses are accepting non-cash transactions, while 48% are accepting alternative payments. 38% …

The new digital era has witnessed a revolution in payments, transforming both how consumers make purchases as well as the opportunities available to retailers. In the same context, E-Wallets and other smartphone methods of payment are gaining market share year-over-year, but in all markets, card and bank transfers are still hugely popular. Read the below …

Online banking, known also as internet banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website. Take a glance at the online banking size in the EU5 markets: the total online banking audience in France is 74% of the total digital population 81%, while Germany total digital …