Real-time Payments are accelerating the speed, innovation, and efficiency of digital payment systems, as well as redefining the future of payments. The pandemic has boosted demand for faster transactions and better digital payment solutions across industries. Contextual commerce is becoming increasingly popular, allowing customers, workers, merchants, and suppliers to conduct business more efficiently and in line with their 24/7/365 lifestyle.…
Digital payment solutions have offered users the best convenience, speed, and reliability compared to conventional payment systems. It has empowered anyone with a smart device to conduct transactions with ease, safety, and comfort. However, there can always be some scope for improvements and innovations. Here we have enlisted 6 ways to make digital payment methods more effective and convenient for…
The payment ecosystem has witnessed tectonic changes over the last decade creating constant challenges for financial institutions. An increasingly growing and competitive marketplace, more tech-savvy customers, complex regulatory requirements, and lastly a global pandemic have pushed the traditional financial institutions to evaluate opportunities for payments modernizations. Without a doubt, Payment modernization is a constant challenge for financial institutions and banks.…