Digital Payments: Why They’re Still a Big Deal

Nov 14, 2022 • 2 min

Infographic describing digital payments. A full description is available through a link beneath the image.

Payments

Modernizing Government Payments with Digital Solutions

Transitioning to electronic payments reduces costs, mitigates fraud and improves efficiency for agencies, organizations, and taxpayers alike.

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Article 7 mins

Payments

Intelligent Automation Supercharges Straight-through Processing

Intelligent automation and AI are game changers for AP & AR. See how these payment technologies help increase speed, while reducing costs and enhancing reporting.

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Article 7 mins

Payments

How to Reduce Foreign Exchange Risk and Costs

If you run an international business, you’re familiar with exchange rate risks, complexity, and fees. Multi-currency accounts simplify payments, are cost-effective, and reduce risk.

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Important disclosure information

Disclosure: This content is general in nature and does not constitute legal, tax, accounting, financial or investment advice. You are encouraged to consult with competent legal, tax, accounting, -nancial or investment professionals based on your speci¬c circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.

PYMNTS.com, “Reframing Anti-Fraud Strategy,” June 2022 Back
McKinsey & Company, “New Trends in US Consumer Digital Payments,” October 26, 2021 Back
The World Bank, “COVID-19 Drives Global Surge in Use of Digital Payments,” June 29, 2022
Back
Strategic Treasurer, “B2B Payments Research,” 2021 Back
Association for Financial Professionals, “Payments Fraud and Control Report,” 2022
Back
ReportLinker, “Digital Payments Market – Growth, Trends, COVID-19 Impact,” June 13, 2022 Back
CPA Practice Advisor, “Digital Payments to Hit $6.6 Trillion in 2021, a 40% Jump in Two Years,” February 2, 2021 Back