Latest News

844 articles online

All Access to Cash AI Apps ATMs Bank Branch Cards Cash Centre Cash in Circulation Cash Management Cash Usage CBDC Central Banks CIT Coins Commercial Banks Country Profile COVID Crime Cryptocurrency Data Analytics Digital CN Digital Payments Editorial Events Free Future of Cash News Payments POS Resilience Retail Stablecoins Staff Papers Studies, Reports Surveys Sustainability

Filtered by Digital Payments — 54 articles

John Winchcombe

28 Nov. 2023

5 min read

Why Do People Adopt and Use Mobile Money?

One thought that came from the Future of Cash conference was the need to understand digital payments more. A recent conference paper from Vietnam does just that as it examines why people in the developing world move to digital payments by studying the uptake of mobile money services in Vietnam.

Digital Payments

John Winchcombe

25 June 2023

2 min read

A2A Payments Make Progress

Account-to-account payments (A2A) have been talked about for some time. There is some evidence that they are beginning to fulfil their promise. The latest 2023 Worldpay Global Payments Report from FIS says there are now 64 real-time payment schemes in operation providing high-speed payment rails for A2A payments.

Digital CN Digital Payments Future of Cash

John Winchcombe

11 May 2023

5 min read

IMF Praises India’s Digital Infrastructure

The IMF has issued a working paper ‘Stacking up the Benefits Lessons from India’s Digital Journey.’ In it, the IMF describes the achievement of India in creating a Digital Public Infrastructure (DPI) that delivers significant benefits.

Country Profile Digital CN Digital Payments

John Winchcombe

11 May 2023

2 min read

EPI Refreshed and With New Impetus

The European Payments Initiative (EPI) was established to build a unified pan-European payment system to rival Mastercard and Visa. Consumers and merchants would be able to use a card, digital wallet and make person-to-person payments. The idea was backed by the European Central Bank (ECB) and 31 banks joined the EPI.

Cards Digital Payments News

John Winchcombe

23 Feb. 2023

6 min read

From Merchant to Consumer: a Payment Overview

The Bank of Canada (BOC) has published two survey reports in the last few months. The first was the Methods of Payment survey 2021 and the second the Merchant Acceptance Survey Pilot Study.

Cash Usage Digital Payments Retail

John Winchcombe

31 Jan. 2023

1 min read

Use of Mobile Payment Means at the Point of Sale

The five countries who spend the most using mobile payments at the point of sale are China, America, the UK, France and Japan.

Digital Payments

John Winchcombe

21 Dec. 2022

5 min read

The Impact of a Move to Mobile Payments

Does paying with mobile digital payments increase consumers’ marginal propensity to consume? If there is to be an increase in the use of mobile payments this has implications for consumers, merchants and governments. A paper from Claremont Graduate University sets out to answer this.

Digital Payments

John Winchcombe

31 July 2022

7 min read

Lessons from Incentives Encouraging Digital Payments

The World Bank’s Financial Inclusion Global Initiative (FIGI) has issued a paper investigating Incentives for Electronic Payment Acceptance (EPA). The report was funded by the Bill and Melinda Gates Foundation.

Data Analytics Digital Payments

John Winchcombe

3 July 2022

3 min read

What Does the Future Hold for Payments?

Last year, the International Banknote Designers Association (IBDA) held a virtual conference. One speaker, Dr Franklin Noll, presented his thoughts on how we’ll be paying in ten years time.

Digital Payments Future of Cash

John Winchcombe

28 Oct. 2021

4 min read

The Rise of QR Codes

Quick Response (QR) codes, tiny black-and-white squares, can be read at ten times the speed of traditional bar codes; hence they were called ‘Quick Response’ codes or QR codes for short. They are two-dimensional black and white barcodes that can reveal a URL (web address) or other information with a scanning device.

Digital Payments

John Winchcombe

21 Sept. 2021

2 min read

El Salvador and Bitcoin: Legal Tender or Compulsory Tender?

David Birch, the author, adviser and investor in digital financial services, has recently posted an article on Linkedin, ‘Why would anyone think it is a good idea?’. There is the argument is that shop keepers could always have accepted Bitcoin, but now they have to.

Country Profile Digital Payments

John Winchcombe

15 Sept. 2021

4 min read

Going Contactless

On 15 October 2021 the UK raises its contactless limit to £100 from £45. It also raises the cumulative transaction limit to £300 before a PIN must be entered. This increase means the UK now has the highest contactless limit in Europe and the seventh highest in the world.

Cards Digital Payments

John Winchcombe

30 Aug. 2021

2 min read

A Call for Digital Standards

The Institute of Electrical and Electronics Engineers (IEEE) has called for a ‘digital Bretton Woods’ to set standards for digital currency and trade systems. Its call comes in the context of today’s digital platforms that handle more than just finance, but trade, tax and audits, and it does this across borders.

CBDC Digital Payments News

John Winchcombe

26 Aug. 2021

3 min read

Financial Inclusion – Harder than it Looks

Peterson K Ozili has written about financial inclusion and why it is harder than it looks. Many of the barriers are within the control of governments to remove by investment and subsidies. Others, the cultural, social and income barriers are a much more significant challenge.

Cash Management Digital Payments Future of Cash

John Winchcombe

26 Aug. 2021

4 min read

The Power of the Assumptive Close

The Economist Intelligence Unit has issued a paper, ‘Going Digital. Payments in the Post-Covid World’. It is interesting both for what it says and how it says it.

Apps COVID Digital Payments

John Winchcombe

10 Aug. 2021

3 min read

Digital Payments - and the Last Mile to the Unbanked

The Federal Reserve Board (FRB) of Atlanta has published an article by Oz Shy, ‘Digital Currency, Digital Payments, and the ‘last mile’ to the unbanked.’ As the number of cashless locations increases, the article considers what stops people going digital and looks at policy options in response.

Bank Branch Cards Cash Usage

John Winchcombe

25 July 2021

5 min read

Payment News

China has decided to stop cryptocurrency mining in the interests of financial stability. Mining is the process that validates cryptocurrency transactions by solving cryptographic puzzles in return for receiving newly minted coins.

Digital Payments News

John Winchcombe

5 July 2021

3 min read

The Complexities of Financial Inclusion

Two articles recently cast a different light on financial inclusion. The first published by Cash Essentials and written by Manuel A. Bautista-González of Colombia University about cash in Mexico and the second published in the Irish Times. Very different stories but interesting perspectives on using less cash.

Digital Payments Future of Cash

John Winchcombe

21 June 2021

2 min read

Proof-of-Work v Proof-of-Stake

Cryptocurrencies are almost all built on two different approaches – proof-of-work or proof-of-state.

CBDC Country Profile Digital Payments

John Winchcombe

21 June 2021

2 min read

Threat to Payments from Chip Shortage

A shortage of EMV chips is creating real risks for payments since these chips enable ATM cash withdrawals and all forms of digital payments.

ATMs Cards Digital Payments

Latest News

Why Do People Adopt and Use Mobile Money?

A2A Payments Make Progress

IMF Praises India’s Digital Infrastructure

EPI Refreshed and With New Impetus

From Merchant to Consumer: a Payment Overview

Use of Mobile Payment Means at the Point of Sale

The Impact of a Move to Mobile Payments

Lessons from Incentives Encouraging Digital Payments

What Does the Future Hold for Payments?

The Rise of QR Codes

El Salvador and Bitcoin: Legal Tender or Compulsory Tender?

Going Contactless

A Call for Digital Standards

Financial Inclusion – Harder than it Looks

The Power of the Assumptive Close

Digital Payments - and the Last Mile to the Unbanked

Payment News

The Complexities of Financial Inclusion

Proof-of-Work v Proof-of-Stake

Threat to Payments from Chip Shortage

Sign Up to Cash & Payment News Weekly

You're signed up!