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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. Regional Insights : Australia leads in BNPL usage, where 30% of consumers have used BNPL services at least once in the past year.

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A Merchant Guide for Cryptocurrency Payments

Clearly Payments

Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.

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Will Singapore Realise Its Tokenisation Dreams?

Fintech News

Rather than shying away from the complexities of the digital asset revolution, the city-state is actively embracing the potential of tokenisation and cryptocurrencies. The GFF aims to simplify the process of incorporating new tokenised funds and help achieve efficiencies in fund settlement.

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How PayPal is bridging crypto and commerce through payments

Tearsheet

Several years ago, we began testing cryptocurrency transfers to better understand the technology as it relates to payments and immediately saw the value it could provide, says May Zabaneh, VP of Product at PayPal. We plan to continue to deliver more use cases for merchants and consumers around the world, says Zabaneh.

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More Than a Quarter of Asian Financial Institutions Are Investing in Digital Assets

Fintech News

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Cryptocurrencies followed closely behind CBDCs, with 23.5% Institutional investors focus on digital assets.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. But it's not only consumers driving demand for real time.

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Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements

The Fintech Times

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. It has now completed its first experiment using DLT, giving the monetary authority a glimpse into the potential merits of the tech.