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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. All you need to use a digital wallet is a smartphone. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years.

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Do low-income consumers need more digital payments protection?

Payments Dive

“Big gaps in the law” are leaving the financially vulnerable open to harms from digital payments, one law professor argues in a recent Georgetown Journal on Poverty Law & Policy paper.

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Small businesses embrace digital payments

Payments Dive

Small business owners envision a cashless future, according to card giant Visa, even as some legislators move to protect unbanked and underbanked consumers.

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Fed dissects consumer use of digital payments

Payments Dive

households have a bank account, just under half use a nonbank payment service, Kansas City Federal Reserve Bank research says. While most U.S.

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New RBA Data Shows Rapid Rise in Digital Payments

Fintech Finance

. “This massive surge in mobile wallets demonstrates a clear shift towards digital payment solutions, reflecting the evolving preferences of consumers for faster and more secure payment options. Go back a decade, and almost no one was making a digital wallet payment.

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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

India’s digital payment landscape has seen remarkable growth over the past decade. According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year.

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Riding the Wave: Asia Payments Trends Show Digital Payments on the Rise

Fintech News

In the dynamic landscape of the Asian payments industry, a palpable shift is underway – one characterised by the rapid adoption of digital payment solutions. As we navigate the complexities of 2024, it becomes increasingly evident that traditional payment methods are gradually giving way to more digital alternatives.