Remove Digital Payments Remove Emerging Payments Remove Payments Trends
article thumbnail

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.

article thumbnail

How Tokio Marine Fast Tracks Business Insurance Claims Payouts

PYMNTS

Payment innovation is still top of mind for the P&C industry, however, leading many to examine methods such as electronic checks or eChecks which are sent out digitally, but with the same familiar format these businesses are used to from decades of paper-based processes tied to their B2B transactions. About The Tracker.

B2B 67
article thumbnail

Mastering Network Tokenization

Segpay

Network tokenization offers merchants a powerful tool to enhance payment security, reduce fraud risk, and provide a seamless and secure checkout experience for customers across various channels. Enhanced Security Network tokenization offers a robust layer of security for card transactions, mainly through digital and mobile payment channels.

article thumbnail

Why Payments Diversity Matters As Firms Go Global

PYMNTS

Ives said, “Economic stratification and emerging payments trends around the globe mean businesses must strive for flexibility rather than totally reinvent their processes. Progress in the payments space isn’t just about what is possible … it’s determined, at least in part, by economic realities.”. Firms in the U.S.,

article thumbnail

In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emerging payment trends set to shape the industry. Sophie Chandler highlighted how the adoption of alternative payment methods is gaining momentum.

article thumbnail

Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

Fraudsters have unfortunately also carefully followed this payment trend, with skimming, prepaid card and ATM fraud all seeing upticks recently — especially in regard to debit transactions. The report also found that P2P payment app adoption is growing. Another study found that 55 percent of U.S.

article thumbnail

NEW REPORT: The Truth About The State Of Cash In Europe

PYMNTS

Even with the growth of contactless and digital payments in Western and Eastern Europe, cash continues to cut itself a lion’s share of the payments pie — at least, when it comes to retail transactions. many of which, Delnevo said, may prove to be bellwethers for the use of differing payment methods across Europe.

ATM 45