According to the Bank of Canada’s Methods-of-Payment (MOP) surveys in recent years, more than 80% of retail consumer purchases in Canada occur at physical locations.1 This suggests that such ...

She never imagined needing a bank account since her husband manages all their finances. At 43, she became a proud bank account owner, thanks to the digital payment system. “As customers kept on ...

A December 2022 Nilson Report study forecasted that payment card losses, including credit and debit cards, could top $165 billion in the U.S. over the next ten years. Both digital and physical ...

Choosing between debit cards and digital payment apps can be difficult. This is especially true for older adults not familiar with this emerging technology. Debit cards offer direct bank account ...

UPI transactions at retail stores have increased by 33 per cent in semi-urban and rural areas this year, reflecting the growing adoption of digital payments, says a report. Moreover, insurance policy ...

This is meant to build trust and confidence in the local digital payments system, which has gained popularity since the height of the pandemic. The old circular requires the operators of payment ...

The pi-quantum-card repository is the official development hub for the Pi Quantum Card (PQC), a revolutionary digital payment and identity solution designed to integrate quantum encryption, biometric ...

This collaboration merges TESS Payments' innovative financial technology with Al Fardan Exchange's longstanding reputation for trust and reliability, aiming to set a new standard for digital payments ...

Payment trends include the rise of digital wallets, contactless payments, and cryptocurrency, reflecting consumer demand for speed and convenience. Payments trends in 2024 and beyond are largely ...

The huge increase in digital payment methods has completely revolutionised how we make our online payments… which thus raises questions about whether the more traditional payment tools like ...

It will also result in faster payments and will encourage more people to start using digital payments, thus, promoting a cashless economy. Also Read: 2025 personal finance updates: Key changes in ...