As consumer trends begin to change, many businesses are forced to adapt accordingly. One of the biggest demands in the consumer industry is more efficient payment systems. With the emergence of online platforms, digital payment solutions have rapidly evolved throughout recent years.
Read MoreIndia is still very far away from being a less-cash economy and security issues around digital payments system needed to be addressed to make the mode more acceptable, Nandan Nilekani said Wednesday.
Read MoreICICI Bank has tied-up with Australia’s Westpac Banking Corporation (Westpac) to facilitate online fee payments by Indian students. The online payment of the fees will be routed through outward remittance platform Money2World (M2W).
Read MoreMastercard has secured the patent for managing “fractional reserves of blockchain currency.” This could lead to the formulation of faster transaction process for payments through digital currencies possibly through a credit card.
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