E-Commerce

Showing Latest E-Commerce

TikTok ready to launch in-app commerce in UK

25 May 21 @ 16:23

TikTok is reportedly working to test in-app commerce in Europe, a move that will intensify its competition with Facebook and further blur the line between social media and online shopping.... read more

How much are European merchants paying to accept card payments?

24 May 21 @ 14:05

In 2020, a study by CMSPI and Zephyre found that, on average, European merchants were paying more to accept each card payments than they had prior to regulation.1 This significant finding was... read more

The future of autonomous, invisible, IoT payments

24 May 21 @ 11:03

The first physical currency was minted by King Alyattes of Lydia over 2,600 years ago. These simple coins evolved into banknotes in 1661. However, up until 1871, the monetary transactions... read more

RS2 receives e-money license from the German Federal Financial Supervisory Authority

24 May 21 @ 08:49

RS2, the global payments processing and technology provider, has announced that its German subsidiary RS2 Financial Services GmbH has been granted an E-Money Institution (EMI) license by the German regulator,... read more

UK’s Financial Conduct Authority further extends SCA deadline

21 May 21 @ 09:34

The UK’s Financial Conduct Authority (FCA) have extended their deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14th of March 2022. “This further six month extension is... read more

£39.4 billion of sales lost to abandoned baskets during lockdown – Why?

19 May 21 @ 16:20

Research reveals that UK retailers have lost out on more than £39.4 billion in potential sales over the last 12 months, as lockdown sees the value of online abandoned baskets... read more

Report: Latin America is still the next big thing when it comes to e-commerce

19 May 21 @ 09:53

Latin America is still the next big thing when it comes to e-commerce – COVID-19 has just emphasized this. Currently, two consultancy firms Americas Market Intelligence (AMI) and Euromonitor place... read more

Interview with Horst Forster, Research Director At Payments Cards & Mobile

17 May 21 @ 16:14

Horst Forster is a European payments expert with decades of experience in payments consulting and financial technology research. He runs PCM’s Digital and Card Payments Yearbooks, as well as working on... read more

European payments in 2021: Cards remain No. 1 for consumers

17 May 21 @ 16:04

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Banking Circle joins P27 initiative for bulk clearing initiative

11 May 21 @ 14:46

Banking Circle has joined the P27 Nordic payment initiative as a front-runner bank in creating bulk-clearing for the Danish Krone. P27 has been acknowledged as a vital initiative to address... read more

Research: COVID Triggers changes in payments habits amongst 80% of consumers

10 May 21 @ 13:57

More than eight in ten consumers (86%) say that their payments habits have changed since the start of the pandemic, with 59% trying a new payment method for the first... read more

New SCA requirements rank low on UK merchants’ list of worries

07 May 21 @ 15:54

Retailers say the coming enforcement of the sweeping online payments regulation – SCA – is the least of their post-pandemic worries, a stance that exposes a stark disconnect with the... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more