Digital wallets

Why Liquid Avatar’s digital wallets are the future of site access

Photo credit: Liquid Avatar With the rise of digital wallets, it is inevitable that one day soon we will probably show virtual credentials to gain access to buildings such as office buildings and gymnasiums. Many companies have already embraced this new way of life, such as WeWork and Equinox. Now customers only need to flash […]

Digital wallets

More and more buyers are choosing digital wallets

Consumers have changed their online shopping habits during the pandemic and are now looking for easier payment methods, according to a new survey. The BigCommerce and PayPal study collected data from 3,000 shoppers in the US, UK and Australia, concluding that shopping online is still the preferred course for most after the pandemic. Almost half […]

Customer payment

Shoppers Stop uses cutting edge technology to improve customer payment experience

Shoppers Stop, one of the main fashion retailer and beauty brands, and Innoviti Payment Solutions, India’s largest provider of payment solutions for enterprise merchants, announced a pioneering Dual-Display-UPI concept that enables consumers to pay through UPI more securely and faster when shopping at Shoppers Stop points of sale. Payments through UPI at multi-lane retail stores […]

Digital wallets

Digital wallets could help the unbanked

For many Americans, having a bank or credit union is an afterthought, an institution often seen as a necessity rather than a luxury. However, there are millions of Americans who are unbanked. It may sound daunting, but there is good news about it. First, digital wallets help fill that void for the unbanked. Second, investors […]

Digital wallets

Walmart launches digital wallets for vaccines

Walmart offers customers access to their health information through a free digital wallet, according to a Press release. Users can then decide to use this wallet to share their health information, starting with their COVID-19 vaccination record. This program allows people to store their immunization records in their Walmart or Sam’s Club online pharmacy account, […]

Direct debit

The automatic subscription debit program ends today!

FOLLOWING the launch of subscriptions last month, supporters have secured their seats by the thousands! Join summer signings Charlie Austin, Sam Field and Jordy de Wijs in W12 for the coming season. We are # Stronger together and we look forward to welcoming you back to the Kiyan Prince Foundation Stadium. Supporters wishing to purchase […]

Digital wallets

Digital wallets like Apple Pay lack transparency: RBA

Banks pay the tech giant a fee for all payments made through Apple Pay, but trade agreements prevent banks from disclosing the amount of those fees or adding a premium to the purchase price. Commercial publication Bank day reported that banks pay Apple between 4 and 6 basis points on debit card transactions, but Apple […]

Direct debit

Alastair Hanton, former Unilever executive who invented direct debit – obituary

Alastair Hanton, who died at the age of 94, was the inventor of direct debit, one of the founders of National Girobank and a tireless activist for causes ranging from sustainable transport to Christian Aid. It was in 1964, as an executive at Unilever, that Hanton found a solution to the problem of collecting variable […]

Digital wallets

REPORT: Digital wallets are becoming a huge trend

From the start of the pandemic until now, payments through smartphones have become very common following continued growth. The number of users and the level of transaction value have increased. According to recent data, digital wallets are expected to grow into a US $ 2.4 trillion industry in 2021, with transaction values ​​showing an increase […]

Direct debit

Levy reshuffle puts pressure on credit card giants

Tim Dickinson, co-CEO of Assembly Payments, which works with fintechs on NPP connections, said the current digital payment system is aging and has huge failure rates. “PayTo gives control back to whoever it is,” he said. Simone Joyce, Paypa Plane, CEO: Sam mooy “Subscription payments with a monthly payment are really hard to withdraw, and […]

Digital wallets

India’s digital wallets to get transfer boost and incentives for KYC

Digital payment wallets could be strengthened in India following changes to allow interoperability between wallets as long as users are verified for KYC compliance. Reserve Bank of India (RBI) and Indian Payments Agency are offering more flexibility to digital payment system as Unified Payment Interface (UPI) will be extended to e-wallets and no longer just […]