Digital Payments
Electronic transfers of value using digital channels, replacing cash.
What is Digital Payments?
Digital payments include mobile wallets, cards, and apps, with global volumes projected at $114 billion in Southeast Asia by 2025. Trends feature AI for fraud detection and blockchain for security, with 86% penetration in China.
In digital assets, they leverage stablecoins and CBDCs for instant cross-border transfers, reducing costs by 40%. Statistics show 38.3% global adoption, driven by e-commerce.
Related Terms
Machine-to-Machine Transactions
Automated digital asset exchanges between systems without human intervention.
DEX Aggregator
A platform that optimizes digital asset trading by routing orders across multiple decentralized exchanges (DEXs) to achieve the best price and lowest slippage.
Hash
A fixed-length string generated by a cryptographic function to uniquely represent data in the Bitcoin blockchain.
51% Attack
A 51% attack occurs when a single entity or group controls over 50% of a blockchain’s computing power or stake, allowing them to manipulate the network’s transaction ledger.
DA (Data Availability)
DA is the mechanism ensuring rollup transaction data is accessible on Ethereum, preventing withholding attacks and enabling verification.
Alpha
An advantage in digital asset trading gained through early or exclusive access to information, strategies, or opportunities not yet widely known by market participants.