Category: Business

Digital Payments - Global Market Database Digital payments are made over the online platform and mobile channels and can also be referred to as any payment sent electronically or by mobile computing and internet-enabled smartphones. This means that for digital transfers to take place, the source of the transfer must have a bank account, a means of online banking, a payment device, and a means of transfer, which means that either he or she could have signed up with a service provider or an entity, such as a bank.